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CS1039 D - Superfunds and Pre 97

Pension Protection Fund

This public procurement record has 1 release in its history.

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08 Oct 2026 at 13:46

UK7 - Contract Details Notice
Summary of the contracting process

The Pension Protection Fund commissioned specialist actuarial and risk-modelling consultancy to help assess wind-up trigger levels for pension superfunds. The work covers independent validation and challenge of the Fund’s superfund risk models, review of asset-side assumptions and downside scenarios, and assessment of potential effects on pension scheme members and the Fund. This is actuarial consulting work focused on pension risk and superfunds, rather than general pension administration or financial advice. The delivery location is Croydon, in Greater London.

The procurement is complete and the contract is active. It was awarded directly without competition as a below-threshold procurement, with one lot. QUANTWISDOM LABS LTD was selected. The contract was signed on 8 October 2026 and runs from 9 to 31 October 2026. Its value is £40,500 excluding VAT (£48,600 including VAT). The stated scope sets the assessment task: independently test and challenge the PPF’s modelling, review asset assumptions and downside scenarios, and consider potential impacts on members and the Fund. The available procurement details do not set out a separate scoring framework or eligibility conditions.

For a supplier considering similar work for the Pension Protection Fund, credibility rests on specialist actuarial expertise combined with practical risk-modelling capability. Relevant experience would include independently validating and challenging pension superfund models, scrutinising asset-side assumptions and downside scenarios, and analysing implications for scheme members and the Fund. The successful supplier was a small or medium-sized enterprise, demonstrating that this focused consultancy requirement can be delivered by a specialist firm rather than only a large consultancy. The route used here was a direct award without competition, so the outcome also shows that the buyer has procured this kind of expertise outside a competitive tender. Firms with demonstrable pension-sector knowledge and the ability to deliver independent, evidence-based modelling review are best aligned with the requirement.

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Notice Information

Notice Title

CS1039 D - Superfunds and Pre 97

Notice Description

Specialist actuarial and risk modelling consultancy services to support the PPF's assessment of pension superfund wind-up trigger levels. The services include independent validation and challenge of the PPF's superfund risk modelling, review of asset-side assumptions and downside scenarios, assessment of potential impacts on members and the PPF.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0783c6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/095213-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£40,500 Under £100K

Notice Dates

Publication Date
8 Oct 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Oct 2026 - 31 Oct 2026 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Pension Protection Fund
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

QUANTWISDOM LABS LTD

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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