---
title: "IFRS 17 Solution"
ocid: "ocds-h6vhtk-02f8d3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f8d3"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f8d3.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f8d3.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FLOOD RE"
published: "2021-12-07"
---

# IFRS 17 Solution

Buyer: FLOOD RE  
Current stage: Tender  
OCID: ocds-h6vhtk-02f8d3

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## Summary

The public procurement process is being conducted by Flood Re, a UK-based organisation located at 75 King William Street, London. The title of the procurement is "IFRS 17 Solution," which falls under the industry category of financial management consultancy services. The procurement stage is currently at the tender phase, with a deadline for submissions set for 5 January 2022. Interested parties can submit their bids electronically, and the process follows an open procurement method. The contract covers a period of up to 1,800 days, with a possibility of renewal for an additional three years.

This tender presents an opportunity for businesses specialising in financial consultancy and actuarial services to grow through collaboration with Flood Re. Firms with expertise in IFRS 17 requirements, financial calculations, and reporting outputs will be well-suited to compete for this contract. The competitive evaluation criteria include quality solutions, support, and price, highlighting the importance of innovative and cost-effective offerings from potential bidders.

## Notice

Provision of a solution to meet the IFRS 17 requirements (from both an Actuarial and Finance perspectives): IFRS 17 parametrization, fulfilment cashflows, loss & loss recovery component calculations, discount rates, financial accounting ledger postings, production of financial statements and disclosures.

### Lot Information

Provision for financial calculations and reporting outputs

Provision of a solution to meet the IFRS 17 requirements (from both an Actuarial and Finance perspectives): IFRS 17 parametrization, fulfilment cashflows, loss & loss recovery component calculations, discount rates, financial accounting ledger postings, production of financial statements and disclosures.

Renewal: Possible 3 years

Provision for financial and Actuarial calculations with relevant reporting outputs

Provision of a solution to meet the IFRS 17 requirements (from both an Actuarial and Finance perspectives): IFRS 17 parametrization, fulfilment cashflows, loss & loss recovery component calculations, discount rates, financial accounting ledger postings, production of financial statements and disclosures.

Renewal: Possible 3 years

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/030369-2021 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Dec 2021 |
| Submission deadline | 5 Jan 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FLOOD RE |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4N 7BE |
| 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 | TLI4 Inner London - East |

## CPV Codes

### Divisions

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

### Codes

- 66519600 - Actuarial services
- 79412000 - Financial management consultancy services

## Release History

- 7 Dec 2021 at 14:15 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/030369-2021
- 22 Nov 2021 at 12:25 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/029028-2021

## Notice URLs

- https://www.floodre.co.uk/
- https://www.floodre.co.uk/about-us/
- https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
- https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA28508

## 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-02f8d3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02f8d3.json.