---
title: "AHDB Actuarial Services"
ocid: "ocds-h6vhtk-029f7d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029f7d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-029f7d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-029f7d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "AHDB"
published: "2021-08-06"
---

# AHDB Actuarial Services

Buyer: AHDB  
Current stage: Award  
OCID: ocds-h6vhtk-029f7d

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## Summary

The AHDB (Agriculture and Horticulture Development Board) is currently involved in the procurement process for Actuarial Services, encompassing two specific lots: Actuarial Advice and IAS19 Calculation. Located in Kenilworth, UK, this procurement is categorised under actuarial services within the services sector. The procurement method is an open procedure, and key dates include the end of the tender period on 30 April 2021, which was followed by the award period beginning on the same date. This tender is part of AHDB’s ongoing efforts to manage two legacy Defined Benefit pension schemes they sponsor, providing essential actuarial advice and calculations based on prevailing pensions accounting legislation.

This opportunity is ideal for businesses specialising in actuarial services, particularly those with experience in pension fund management and regulatory compliance. With a competitive tender process, firms that can demonstrate expertise in actuarial advice, pricing strategies, and compliance with IAS19 regulations would be well-positioned to submit bids. Moreover, the structure of the procurement allows for potential extensions and ongoing relationships, creating avenues for sustained business growth within the public sector.

## Notice

The actuarial advisory services are in respect of two legacy Defined Benefit pension schemes, 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 was 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.

### Lot Information

Actuarial Advice

Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services

Options: 3 years +1+1+1

Renewal: Initial term of 3 years, with the option to extend for an option three 12 month extension periods (3+1+1+1).

IAS19 Calculation

IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation).

Options: 2 years +1+1

Renewal: 2 year initial term with the option to extend for a further two 12 month extensions (2+1+1).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/019129-2021 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Aug 2021 |
| Submission deadline | 30 Apr 2021 |
| Future notice date | Not specified |
| Award date | 31 Jul 2021 |
| Contract period | 31 Jul 2021 - 30 Jun 2023 |
| Recurrence | 01/01/2023 |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | £360,000 |
| Awards value | Not specified |
| Contracts value | £160,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | AHDB |
| 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 |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services

## Release History

- 6 Aug 2021 at 21:44 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/019129-2021
- 25 Mar 2021 at 22:56 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006155-2021

## Notice URLs

- http://www.ahdb.org.uk
- https://defra.bravosolution.co.uk/web/login.html

## 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-h6vhtk-029f7d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-029f7d.json.