---
title: "Invitation to Further Competition under Lot 1 of the National LGPS Framework for Actuarial Services"
ocid: "ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LGSS"
published: "2018-02-07"
---

# Invitation to Further Competition under Lot 1 of the National LGPS Framework for Actuarial Services

Buyer: LGSS  
Current stage: Award  
OCID: ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f

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## Summary

The procurement process involved a joint tender led by the LGSS (Local Government Shared Services) for actuarial services, specifically under the National LGPS Framework. The tender, titled "Invitation to Further Competition under Lot 1 of the National LGPS Framework for Actuarial Services," was awarded on 22nd December 2017, with a total contract value of £3,550,000. The services are to be delivered in the East of England, commencing on 1st April 2018 and continuing until 31st March 2024. The procurement was categorised under the CPV code for actuarial services and fell under an "Other" procurement method.

This tender presents significant growth opportunities, particularly for firms that specialise in actuarial services. Companies offering expertise in financial analysis, pension fund management, and relevant actuarial consulting are well-positioned to compete within this market. The contract duration and substantial value indicate ongoing demand, suggesting a potentially lucrative avenue for businesses capable of delivering high-quality actuarial solutions to local government entities.

## Notice

Cambridgeshire County Council and Northamptonshire County Council have appoint a single supplier of Actuarial Services using a joint procurement exercise via Lot 1 of the National LGPS Framework. The provider is required to provide Actuarial Services to the Funds as set out in the framework tender documents.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5a107c3b-47a0-4de3-95f0-ce5b78503f9a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Feb 2018 |
| Submission deadline | 21 Dec 2017 |
| Future notice date | Not specified |
| Award date | 22 Dec 2017 |
| Contract period | 31 Mar 2018 - 31 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £600,000 |
| Lots value | Not specified |
| Awards value | £3,550,000 |
| 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 | LGSS |
| Locality | NORTHAMPTON |
| Post town | Northampton |
| Postcode | NN1 1ED |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire |
| ITL 3 | TLF24 West Northamptonshire |
| Local authority | West Northamptonshire |
| Electoral ward | Castle |
| Westminster constituency | Northampton North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HYMANS ROBERTSON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services

## Release History

- 7 Feb 2018 at 11:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5a107c3b-47a0-4de3-95f0-ce5b78503f9a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5a107c3b-47a0-4de3-95f0-ce5b78503f9a
  7th February 2018 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://pensions.cambridgeshire.gov.uk/

## 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-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1aa3c6ac-96e6-4dcd-9630-f0dbc32edc9f.json.
