--- title: "AHDB Actuarial Services" ocid: "ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEFRA NETWORK ETENDERING PORTAL" published: "2021-03-25" --- # AHDB Actuarial Services Buyer: DEFRA NETWORK ETENDERING PORTAL Current stage: Tender OCID: ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c.json) ## Summary The Agriculture and Horticulture Development Board (AHDB) is seeking tender submissions for "AHDB Actuarial Services," focusing on actuarial advisory services related to two legacy Defined Benefit pension schemes. The procurement falls under the services category and is being conducted through an open procedure, with a total contract value of £360,000. The tender period ends on 30 April 2021, and the contract is set to commence on 1 August 2021, running until 31 July 2023. The location for service delivery includes various addresses in the UK and overseas territories, with the tender published on 25 March 2021. This tender presents a significant opportunity for firms specialising in actuarial services, particularly those equipped to handle funding, accounting, and strategic advisory tasks related to pension schemes. Small and medium-sized enterprises (SMEs) that provide these services would be particularly well-suited to compete, especially in the two defined lots: Lot 1 for actuarial advice associated with the Home-Grown Cereals Authority Pension Plan and the Meat and Livestock Commission Pension Scheme, and Lot 2 for IAS19 calculations specific to the latter scheme. Companies that can navigate the eSourcing portal and understand the complexities of pension legislation would benefit from this opportunity. ## Notice Actuarial advisory services are required by the Agriculture and Horticulture Development Board (AHDB), in respect of two legacy Defined Benefit pension schemes. This is distinct from the requirements of the schemes themselves which appoint their own actuary. AHDB is the sponsoring employer of the Home-Grown Cereals Authority Pension Plan ("HGCA Plan") and the Meat and Livestock Commission Pension Scheme ("MLC Scheme"). The procurement is split into two Lots: - Lot 1 - Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services in respect of the HGCA Plan and the MLC Pension Scheme - Lot 2 - IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation) for the MLC Pension Scheme only. Additional information: How to Express Interest in this Tender and respond to the opportunity 1. Register your company on the eSourcing portal (this is only required once) Browse to the eSourcing Portal: https://defra.bravosolution.co.uk and click the link to register Accept the terms and conditions and click 'continue' Enter your correct business and user details - Note the username you chose and click 'Save' when complete You will shortly receive an email with your unique password (please keep this secure) 2. Express an Interest in the tender Login to the portal with the username/password Click the ITTs Open To All Suppliers' link. (These Invitations to Tender open to any registered supplier) - Click on the relevant ITT to access the content. Click the 'Express Interest' button at the top of the page. This will move the ITT into your 'My ITTs' page. (This is a secure area reserved for your projects only) You can now access any attachments by clicking 'Buyer Attachments' in the 'ITT Details' box 3. Responding to the tender Click 'My Response' under 'ITT Details', you can choose to 'Create Response' or to 'Decline to Respond' (please give a reason if declining) You can now use the 'Messages' function to communicate with the buyer and seek any clarification - Note the deadline for completion, then follow the onscreen instructions to complete the ITT There may be a mixture of online and offline actions for you to perform (there is detailed online help available) You must then submit your reply using the 'Submit Response' button at the top of the page. If you require any further assistance please consult the online help. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6bf914c8-6304-453b-a034-bafe3a6bc3a1 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Mar 2021 | | Submission deadline | 30 Apr 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Jul 2021 - 31 Jul 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £360,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEFRA NETWORK ETENDERING PORTAL | | Locality | KENILWORTH | | Post town | Coventry | | Postcode | CV8 2TL | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG1 Herefordshire, Worcestershire and Warwickshire | | ITL 3 | TLG13 Warwickshire CC | | Local authority | Warwick | | Electoral ward | Cubbington & Leek Wootton | | Westminster constituency | Kenilworth and Southam | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66519600 - Actuarial services ## Release History - 25 Mar 2021 at 16:41 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6bf914c8-6304-453b-a034-bafe3a6bc3a1 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/6bf914c8-6304-453b-a034-bafe3a6bc3a1 25th March 2021 - Opportunity notice on Contracts Finder - https://defra.bravosolution.co.uk Please access the tender documents here ## 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-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a25bbc2a-76c9-4fcc-9afe-6df97d3dba8c.json.