This public procurement record has 1 release in its history.

Award

04 Aug 2026 at 08:57

Summary of the contracting process

This public procurement process involves Somerset NHS Foundation Trust, located at Musgrove Park Hospital, Taunton, as the buying organisation. The contract, titled "Actuarial advice," focuses on services related to pension aspects of a staff transfer. The procurement falls under the services industry category and took place in the UKK23 region of the United Kingdom. This process is at the award stage, marked complete and commenced on the 4th of August 2026, with the contract period ending on the 30th of September 2026. The procurement method was direct, classified as below threshold without competition, demonstrating a strategic approach to sourcing skilled actuarial expertise efficiently.

The awarded contract represents an opportunity for businesses specialising in pension services, particularly those with expertise in actuarial consultancy. Given the nature of the direct award to the Government Actuary's Department, large-scale firms with a track record in public sector consultancy and those equipped to navigate complex pension scenarios concerning workforce restructuring could find significant growth potential through participating in similar tenders. Such contracts enhance a business's portfolio within the public sector space, thereby leading to further opportunities in government-related service sectors.

How relevant is this notice?

Notice Title

Actuarial advice

Notice Description

Actuarial advice in relation to the pensions aspects of a transfer of staff.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06daa1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073482-2026
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


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£25,000 Under £100K

Notice Dates

Publication Date
4 Aug 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Aug 20263 days ago
Contract Period
3 Aug 2026 - 30 Sep 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOMERSET NHS FOUNDATION TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TAUNTON
Postcode
TA1 5DA
Post Town
Taunton
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
Not specified

Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

GOVERNMENT ACTUARY'S DEPARTMENT

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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