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Provision of Actuarial Services - Award of a Further Competition under NCCT41941

Falkirk Council

This public procurement record has 1 release in its history.

Award

26 Sep 2025 at 18:01

PCS Notice - Quick Quote Award
Summary of the contracting process

Falkirk Council, based at The Foundry in Larbert, is the buying organisation for a contract titled "Provision of Actuarial Services - Award of a Further Competition under NCCT41941." This contract falls under the services category with a focus on actuarial services, as per the CPV codes 66519600 and 66522000. The procurement process has reached the award stage, with the contract active from 4 September 2025. The services are set to commence on 1 September 2025 and run until 31 August 2030, with an option to extend until 31 August 2034. These services, aimed at supporting projects, providing actuarial calculations, and working with stakeholders, offer wide-ranging support in pension-related matters.

This tender presents a substantial opportunity for businesses specialising in actuarial and financial services, particularly those with experience under the National LGPS Framework. Companies capable of delivering high-quality consultancy in actuarial calculations, modelling, and governance would find this contract highly beneficial for business growth. With Barnett Waddingham LLP already awarded the contract, competitors in this space should note the opportunities available for future projects and extensions. Engaging with local councils and understanding national frameworks could be pivotal for success in similar procurement processes.

How relevant is this notice?

Notice Information

Notice Title

Provision of Actuarial Services - Award of a Further Competition under NCCT41941

Notice Description

Falkirk Council has appointed a Provider as a result of a Further Competition from Lot 1--Actuarial Services under the National LGPS Framework reference NCCT41941, as set out in the Framework tender documents, from 1 September 2025 to 31 August 2030, with the option to extend for a further two two-year periods to 31 August 2034.Actuarial Services include but are not limited to, Actuarial calculations and modelling, Providing information and advice, Working with stakeholders, Reviewing processes, structures, and policies, and Supporting projects and providing services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000786371
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP540161
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Quick Quote Award
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

66522000 - Group pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,040,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 202511 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Sep 202511 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Falkirk Council
Additional Buyers

Perth & Kinross Council

Registers of Scotland

Scottish Government

South Ayrshire Council

The City of Edinburgh 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
AYR
Postcode
FK5 4RU
Postcode Area
Falkirk and Stirling
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM12 Falkirk
Delivery Location
Not specified
Local Authority
Falkirk
Electoral Ward
Bonnybridge and Larbert
Westminster Constituency
Alloa and Grangemouth

Supplier Information

Number of Suppliers
9
Supplier Names

Akhter Computers Limited

AtkinsRealis UK Limited

Barnett Waddingham LLP

Elis

Fishers Services Ltd

GMG Contractors Ltd

Hays Specialist Recruitment Ltd

Thinkproject UK

Venesky Brown Ltd

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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