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Actuarial advice

Somerset NHS Foundation Trust

This public procurement record has 1 release in its history.

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04 Aug 2026 at 09:57

UK7 - Contract Details Notice
Summary of the contracting process

Somerset NHS Foundation Trust procured actuarial advice on the pensions aspects of a transfer of staff. This is a professional actuarial and pension advisory service, supporting the Trust with pension implications arising from an employee transfer. The buying organisation is Somerset NHS Foundation Trust, based at Musgrove Park Hospital in Taunton. The work relates to delivery in Somerset and falls within pension services. It is relevant to actuarial practices, pension advisers and public-sector professional services organisations with expertise in advising employers on staff transfers and associated pension arrangements. The requirement is focused on specialist advice rather than general human resources, payroll or routine pension administration services.

The procurement has been completed and awarded. It used a direct award below the applicable threshold, without competition, for a single lot. The Government Actuary’s Department was awarded the contract on 4 August 2026. The contract was signed on 3 August 2026 and runs from 4 August 2026 to 30 September 2026. Its value is £25,000 excluding VAT and £30,000 including VAT. The contract is active. The published process identifies the requirement as actuarial advice for pension arrangements connected with a staff transfer. The procurement was not divided into competing awards, and the available outcome records one selected supplier for the full requirement.

For a supplier that did not win this requirement, the award indicates demand from Somerset NHS Foundation Trust for focused actuarial support during a staff transfer involving pension arrangements. A credible competitor for a future requirement of this type would need demonstrable capability in occupational pensions, actuarial analysis and advising employers through workforce transfers. Relevant experience would include assessing the pension consequences of transferring staff, explaining liabilities and obligations clearly to an NHS or other public-sector employer, and producing advice that can support contractual and operational decisions. Suppliers would also need sufficient specialist capacity to deliver a short, defined advisory assignment and an understanding of the governance, compliance and stakeholder requirements surrounding public-sector pension transfers.

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Notice Information

Notice Title

Actuarial advice

Notice Description

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

Notice Details

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 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 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

Buyer & Supplier

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
Postcode Area
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

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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