Award

Pensions Actuarial Advisory

BASINGSTOKE AND DEANE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

10 Jul 2025 at 10:00

Summary of the contracting process

Basingstoke and Deane Borough Council has completed a procurement process for Pensions Actuarial Advisory Services. This contract was awarded to KPMG LLP through a direct procurement method, specifically under the "Below threshold - without competition" process. The procurement falls within the services category, with key industry classifications including Pension Services and Legal Advisory Services. The contract was active as of 1st July 2025 and is set to run until 31st March 2026, valued at £78,000 gross (£65,000 net). The service delivery will occur within the UKJ3 region of the United Kingdom. This process has moved past the tender and award stages and is currently under an active contract as of the date signed on 25th June 2025.

This procurement provides significant growth opportunities for large-scale consulting firms, especially those specialising in pension services and legal advisory work. The advisory role demands expertise in actuarial services, creating a lucrative opportunity for businesses equipped with the necessary skills and experience. Smaller-sized enterprises or start-ups might find this specific opportunity less accessible due to the absence of a competitive bidding process. However, understanding the needs of public sector buyers such as Basingstoke and Deane Borough Council can prepare businesses for future opportunities when these services might require competitive tendering.

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Notice Title

Pensions Actuarial Advisory

Notice Description

Pensions Actuarial Advisory Services.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055cab
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038855-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66520000 - Pension services

79111000 - Legal advisory services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£65,000 Under £100K

Notice Dates

Publication Date
10 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Jun 20258 months ago
Contract Period
30 Jun 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BASINGSTOKE AND DEANE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@basingstoke.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BASINGSTOKE
Postcode
RG21 4AH
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ37 North Hampshire
Delivery Location
Not specified

Local Authority
Basingstoke and Deane
Electoral Ward
Eastrop & Grove
Westminster Constituency
Basingstoke

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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