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Actuarial Services

Durham County Council

This public procurement record has 1 release in its history.

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30 Jul 2026 at 09:07

UK6 - Contract Award Notice
Summary of the contracting process

Durham County Council commissioned actuarial services for its pension services function. The requirement covers pension fund management services, supporting the council’s management and oversight of its pension arrangements. The work is delivered for Durham County Council in the United Kingdom. This is a specialist financial and pensions services requirement rather than a general consultancy or administrative contract. Businesses with actuarial expertise, pension fund advisory capability and experience supporting public-sector pension services would find the subject matter relevant. The buyer is a sub-central public authority, so suppliers should be able to work with a local authority and understand the governance, reporting and stakeholder requirements associated with public-sector pension arrangements.

The procurement has been completed and the contract was awarded to HYMANS ROBERTSON LLP on 30 July 2026. The award covers one lot and has a value of £1,200,000 excluding VAT, or £1,440,000 including VAT. The contract period runs from 1 August 2026 to 31 July 2029, with a maximum extent to 31 July 2035. Renewal is allowed for two additional 36-month periods. Durham County Council used a selective procedure and made the award under a framework agreement. The framework call-off was competitive. The successful supplier is HYMANS ROBERTSON LLP. A contract signature milestone was scheduled for 31 July 2026.

This award demonstrates sustained demand from Durham County Council for specialist actuarial and pension fund management support at substantial public-sector scale. A future competitor would need a strong pensions practice capable of advising a local authority’s pension services function, managing technically complex work and producing reliable analysis and reporting for governance and decision-making. Credibility would also depend on experience of delivering services through a framework and competing in a selective, competitive call-off process. Suppliers should be able to demonstrate robust capacity for a multi-year relationship, continuity of specialist personnel and an understanding of public-sector accountability. Large specialist consultancies are evidenced as credible competitors for this requirement, although the service area is relevant to any suitably experienced actuarial provider.

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Notice Information

Notice Title

Actuarial Services

Notice Description

Actuarial Services for Durham County Council Pension Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d724
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071976-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Award under framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jul 20262 months ago
Contract Period
1 Aug 2026 - 31 Jul 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Durham County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 5WB
Postcode Area
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified
Local Authority
County Durham
Electoral Ward
Framwellgate & Newton Hall
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

Hymans Robertson LLP

Further Information

Notice Documents

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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