Award

Provision of actuarial advice

NHS PROPERTY SERVICES

This public procurement record has 1 release in its history.

Award

22 Jul 2025 at 09:17

Summary of the contracting process

The procurement process, concluded on 3rd April 2025, was conducted by NHS Property Services for the "Provision of actuarial advice". This contract falls under the services category, specifically risk management insurance services (CPV code 66517300). Located in Stockport, UK, the procurement was executed via a direct method without competition, being below the threshold. The Government Actuary’s Department was awarded the contract, valued at £144,000 gross, with an active status from 4th April 2025 to 31st March 2026. This process was conducted under the legal framework of the UK Public General Acts 2023, Chapter 54.

This tender provides business expansion opportunities, particularly for small and medium-sized enterprises (SMEs) specialising in actuarial and insurance services, given the direct procurement approach taken. Businesses located in the UK with experience in collaborating with public sector clients could find similar future tenders advantageous, leveraging partnerships with sub-central government bodies like NHS Property Services. Although the project is currently awarded, businesses in this sector should stay informed about upcoming opportunities that require similar expert advisory services.

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Notice Title

Provision of actuarial advice

Notice Description

Provision of actuarial advice with Government Actuary's Department

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056380
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041865-2025
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66517300 - Risk management insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£120,000 £100K-£500K

Notice Dates

Publication Date
22 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Apr 202510 months ago
Contract Period
3 Apr 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
NHS PROPERTY SERVICES
Contact Name
Not specified
Contact Email
procurementgovernance@property.nhs.uk
Contact Phone
Not specified

Buyer Location

Locality
STOCKPORT
Postcode
SK4 1BS
Post Town
Stockport
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD35 Greater Manchester South East
Delivery Location
Not specified

Local Authority
Stockport
Electoral Ward
Brinnington & Stockport Central
Westminster Constituency
Stockport

Supplier Information

Number of Suppliers
1
Supplier Name

GOVERNMENT ACTUARY'S DEPARTMENT

Open Contracting Data Standard (OCDS)

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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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