---
title: "independent review of the Annual Valuation"
ocid: "ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "PENSION PROTECTION FUND"
published: "2020-11-10"
---

# independent review of the Annual Valuation

Buyer: PENSION PROTECTION FUND  
Current stage: Tender  
OCID: ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd

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## Summary

The Pension Protection Fund is currently conducting a tender for an independent review of the Annual Valuation, aimed at ensuring the reasonableness of the valuation results and methodology. This procurement, classified under insurance and pension services, has an estimated value of £47,840. The contract period commences on 1 November 2020 and will conclude on 31 October 2023. The tender process, which falls under the selective procurement method, closed on 21 September 2020, and the successful bidder will be expected to operate across various delivery addresses, including the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for firms specialising in valuation services, particularly those with experience in the insurance and pensions sector. Businesses, especially small and medium-sized enterprises (SMEs), that can demonstrate expertise in conducting independent reviews and providing assurance on valuation methodologies would be well-suited to compete. Engaging in this contract could enhance a firm’s portfolio and reputation, providing a foothold in the public sector while contributing to the financial health of pension schemes.

## Notice

A firm to undertake a review of the annual valuation to provide assurance to the Board that both the results and approach taken are reasonable. The lowest value stated is for a single year. The awarded value stated is an estimate based on 3 years at lowest estimated cost. This figure may differ slightly from the actual cost as it will be T&M and in coming years the review may require slightly less or more work.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9dd1c508-3d3f-4745-bf4a-7bba0e00816a |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Nov 2020 |
| Submission deadline | 20 Sep 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Nov 2020 - 31 Oct 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £47,840 |
| 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 | 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 | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66500000 - Insurance and pension services

## Release History

- 10 Nov 2020 at 10:29 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9dd1c508-3d3f-4745-bf4a-7bba0e00816a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9dd1c508-3d3f-4745-bf4a-7bba0e00816a
  10th November 2020 - Opportunity 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-cd486a53-5a62-4048-8f06-0adaeb7438dd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cd486a53-5a62-4048-8f06-0adaeb7438dd.json.