---
title: "PRE00139 Independent Model Validation"
ocid: "ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "POOL RE SERVICES LIMITED"
published: "2024-07-29"
---

# PRE00139 Independent Model Validation

Buyer: POOL RE SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5.json)

## Summary

Pool Re Services Limited has completed the procurement process for the provision of independent model validation services, awarding the contract to Lane Clark and Peacock LLP. This tender, titled "PRE00139 Independent Model Validation," falls under the financial consultancy services category (CPV 66171000) and is set in London, United Kingdom. The procurement method used is classified as "Other - Below Threshold Procurement," with the contract period spanning from 25th July 2024 to 24th July 2027. The awarded contract is valued at £175,000 GBP.

This tender opens considerable opportunities for businesses specialising in financial consultancy services, particularly those with expertise in model validation. Although this specific contract has been awarded, similar future procurement activities by large organisations such as Pool Re Services Limited offer avenues for growth. Large, established consultancy firms like Lane Clark and Peacock LLP are well-suited to compete for such tenders due to their scale and expertise. SMEs and VCSEs may need to consider building partnerships or developing niche specialisations to enhance their competitivity for similar contracts.

## Notice

Award for the Provision of Independent Model Validation.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ee14270e-1e6d-459d-be0e-1a8f70da8bd4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Below Threshold Procurement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Jul 2024 |
| Submission deadline | 12 Jun 2024 |
| Future notice date | Not specified |
| Award date | 18 Jul 2024 |
| Contract period | 24 Jul 2024 - 24 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £175,000 |
| Lots value | Not specified |
| Awards value | £175,000 |
| 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 | POOL RE SERVICES LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4R 9AF |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Candlewick |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LANE CLARK AND PEACOCK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 29 Jul 2024 at 10:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ee14270e-1e6d-459d-be0e-1a8f70da8bd4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ee14270e-1e6d-459d-be0e-1a8f70da8bd4
  29th July 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.poolre.co.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-b6d78423-2ed7-4304-8f79-66b00b5276e5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b6d78423-2ed7-4304-8f79-66b00b5276e5.json.