---
title: "Actuarial services 2018-19"
ocid: "ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2019-02-19"
---

# Actuarial services 2018-19

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2.json)

## Summary

The National Audit Office in London has completed a selective procurement process for actuarial services pertaining to the 2018-2019 financial year. The contract, valued at £54,000, focuses on creating a business case to evaluate the reasonableness of assumptions used in IAS 19 valuations within the Local Government Pension Scheme (LGPS). The procurement process ended on 1st August 2018, and the contract commenced on 1st September 2018, running until 1st September 2019.

This tender presents a valuable opportunity for businesses specialising in financial auditing services to expand their operations, particularly those with experience in actuarial analysis and local government finances. Companies that can demonstrate expertise in understanding pension schemes and valuation assumptions would be particularly well-suited to compete for similar contracts in future procurement processes.

## Notice

Creating a business case for renewal of the work undertaken by PwC on behalf of local auditors (and made available to the Practice) on the reasonableness of the assumptions used for IAS 19 valuation in the LGPS.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7e705177-f471-4341-8016-cc970a109482 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Feb 2019 |
| Submission deadline | 1 Aug 2018 |
| Future notice date | Not specified |
| Award date | 22 Aug 2018 |
| Contract period | 31 Aug 2018 - 1 Sep 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £54,000 |
| Lots value | Not specified |
| Awards value | £54,000 |
| 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 | NATIONAL AUDIT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1W 9SP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

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

### Codes

- 79212100 - Financial auditing services

## Release History

- 19 Feb 2019 at 12:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7e705177-f471-4341-8016-cc970a109482

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7e705177-f471-4341-8016-cc970a109482
  19th February 2019 - 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-b5fd17-7171612e-db58-4122-a563-e052395f88b2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7171612e-db58-4122-a563-e052395f88b2.json.