---
title: "Consultancy Services - LTRM Review"
ocid: "ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PENSION PROTECTION FUND"
published: "2023-03-02"
---

# Consultancy Services - LTRM Review

Buyer: PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d.json)

## Summary

The Pension Protection Fund recently awarded a £150,000 consultancy services contract for an external review of the Long Term Risk Model (LTRM). The tender, titled "Consultancy Services - LTRM Review", was in the services category and followed a selective procurement method. The procurement stage has been completed, with the contract period starting on February 8, 2023, and ending on April 3, 2023. The buying organization, Pension Protection Fund, located in Croydon, England, sought proposals and selected Hymans Robertson LLP as the supplier.

This procurement presents an opportunity for businesses, especially those offering actuarial services, to engage with the Pension Protection Fund for similar consultancy projects. Small and medium-sized enterprises (SMEs) are deemed suitable for this contract, which was part of call-off from a framework agreement. Businesses looking to provide consultancy services in the financial sector, particularly related to risk modelling, may find this tender a good fit for their expertise and growth objectives.

## Notice

External review of the PPF's Long Term Risk Model (LTRM)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0a98f7a5-d456-4e67-bc0d-a4b1efce405f |
| 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 | 2 Mar 2023 |
| Submission deadline | 16 Dec 2022 |
| Future notice date | Not specified |
| Award date | 20 Jan 2023 |
| Contract period | 8 Feb 2023 - 3 Apr 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,000 |
| Lots value | Not specified |
| Awards value | £150,000 |
| 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 | PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Croydon |
| Postcode | CR0 2NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI62 Croydon |
| Local authority | Croydon |
| Electoral ward | Fairfield |
| Westminster constituency | Croydon West |
| Delivery location | TLI London |

## 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

- 2 Mar 2023 at 10:41 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0a98f7a5-d456-4e67-bc0d-a4b1efce405f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0a98f7a5-d456-4e67-bc0d-a4b1efce405f
  2nd March 2023 - Awarded contract notice on Contracts Finder

## 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-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2ea56832-2734-4496-9bbd-76874e2c975d.json.
