---
title: "Actuarial Services for Buckinghamshire Council Local Government Pension Scheme"
ocid: "ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BUCKINGHAMSHIRE COUNCIL"
published: "2021-02-03"
---

# Actuarial Services for Buckinghamshire Council Local Government Pension Scheme

Buyer: BUCKINGHAMSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a

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## Summary

Buckinghamshire Council has awarded a contract for Actuarial Services related to the Local Government Pension Scheme, following a further competition under the National LGPS Framework Agreement. The contract, valued at £510,000, is effective from 1 January 2021 and will run until 31 December 2026, with the possibility of an extension for up to six months. This procurement was classified under the services category, specifically pension fund consultancy services, and is located in the South East region of the United Kingdom. The procurement method employed for this process was classified as "Other" within the tendering framework.

This tender represents an excellent opportunity for businesses specialising in actuarial and consultancy services, particularly those that are small and medium-sized enterprises (SMEs). Firms that can provide tailored solutions to local government pension schemes will find this contract attractive. As the awarded company, Barnett Waddingham LLP, continues to fulfil its obligations, fresh opportunities could arise for other businesses to engage with the council for related services, potentially fostering partnerships or subcontracting arrangements that can enhance their market presence and growth.

## Notice

Call-off contract awarded for the provision of Actuarial Services for Buckinghamshire Council Local Government Scheme following further competition under National LGPS Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services Primarily in Support of the Local Government Pension Scheme (NCCT40954) Lot 1. The contract term is 6 years from 1 January 2021 to 31 December 2026. There is an option to extend for up to a further 6 months to 30 June 2027 at the latest. Additional information: The actual value of the contract cannot be gauged at this time as it is based on menu priced activities which may or may not take place during the given period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/001d09d6-6834-456a-a5f4-abd22e040764 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Feb 2021 |
| Submission deadline | 7 Sep 2020 |
| Future notice date | Not specified |
| Award date | 8 Dec 2020 |
| Contract period | 1 Jan 2021 - 31 Dec 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £510,000 |
| Lots value | Not specified |
| Awards value | £510,000 |
| 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 | BUCKINGHAMSHIRE COUNCIL |
| Locality | AYLESBURY |
| Post town | Hemel Hempstead |
| Postcode | HP20 1UA |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ13 Buckinghamshire |
| Local authority | Buckinghamshire |
| Electoral ward | Aylesbury North |
| Westminster constituency | Aylesbury |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARNETT WADDINGHAM |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66523000 - Pension fund consultancy services

## Release History

- 3 Feb 2021 at 14:52 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/001d09d6-6834-456a-a5f4-abd22e040764

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/001d09d6-6834-456a-a5f4-abd22e040764
  3rd February 2021 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.buckinghamshire.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-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6f78952d-e890-46e4-a270-89db5006b02a.json.