---
title: "CS22357 - Trade Credit Reinsurance Scheme - Independent Actuarial Expert"
ocid: "ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2023-04-25"
---

# CS22357 - Trade Credit Reinsurance Scheme - Independent Actuarial Expert

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d

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## Summary

The Department for Business, Energy and Industrial Strategy has recently awarded a contract for the Trade Credit Reinsurance Scheme to an Independent Actuarial Expert. The contract falls under the Financial and Insurance Services classification and Business Services sub-category. The procurement method used was selective, with the contract value set at £1,000,000 GBP. The contract period runs from September 30, 2022, to March 31, 2024, and the tender period ended on September 22, 2022. The Department is based in Swindon, England.

This awarded contract presents business growth opportunities for companies specializing in financial and insurance services, as well as business services such as law, marketing, consulting, recruitment, and security. Small and medium-sized enterprises (SMEs) are considered suitable for participation, and the contract was awarded to Grant Thornton UK LLP. Businesses based in various locations, including the UK and Europe, can benefit from this contract, which aims to bring finality to the Trade Credit Reinsurance Scheme overseen by the Department for Business, Energy and Industrial Strategy.

## Notice

**Please note this is an awarded contract, not a call for competition** The Department for Business, Energy and Industrial Strategy had a requirement for an Independent Actuarial Expert to oversee the commutation process to bring finality to the Trade Credit Reinsurance Scheme. This Contract was advertised via CCS RM6188 Audit & Assurance Services Framework, Lot 4 - Other Independent Assurance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e1de3ff4-99c6-4828-8147-fc242d0296cd |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Apr 2023 |
| Submission deadline | 22 Sep 2022 |
| Future notice date | Not specified |
| Award date | 2 Dec 2022 |
| Contract period | 5 Dec 2022 - 29 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,000,000 |
| Lots value | Not specified |
| Awards value | £1,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GRANT THORNTON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66000000 - Financial and insurance services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 25 Apr 2023 at 15:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e1de3ff4-99c6-4828-8147-fc242d0296cd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e1de3ff4-99c6-4828-8147-fc242d0296cd
  25th April 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e128a840-143a-467f-b95e-276fb7737edf
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-180cb1fa-64ac-40b5-9626-bd71fd83ad1d.json.