---
title: "Provision actuarial services to Sizewell C's Funded Decommissioning Programme (FDP)"
ocid: "ocds-h6vhtk-0305d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0305d1"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0305d1.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0305d1.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2021-12-24"
---

# Provision actuarial services to Sizewell C's Funded Decommissioning Programme (FDP)

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-h6vhtk-0305d1

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## Summary

The public procurement process involves the Business Energy and Industrial Strategy (BEIS) seeking actuarial services for the Sizewell C's Funded Decommissioning Programme. The tender, titled "Provision of Actuarial Services to SZC," falls under the financial and insurance services industry category, with the main procurement taking place in London, United Kingdom. This limited procurement process indicates a direct award, which was finalised on 20 December 2021, with a total contract value of £170,000. The contract is set for a duration of 1,080 days to complete the necessary advisory tasks related to the Funding Arrangements Plan (FAP) for the SZC Project.

This opportunity presents significant potential for businesses in the financial consultancy sector, particularly those with expertise in actuarial services, public finance, or project management related to large-scale governmental projects. Companies capable of providing in-depth analysis, investment strategy formulation, and incentivisation mechanics would be well-suited to compete in similar future tenders. Engaging with BEIS and offering tailored solutions can enhance a business's profile within the public sector and contribute to growth in this domain.

## Notice

To provide BEIS with advice on the structure of the development of the Funding Arrangements Plan (FAP) for the SZC Project. Specifically they will advise on the structure of FundCo, incentivisation mechanics and the investment strategy. BEIS would also like GAD to review the draft FAP which will be submitted to BEIS in the new year in advance of this going to the NLFAB.

### Lot Information

Lot 1

To provide BEIS with advice on the structure of the development of the Funding Arrangements Plan (FAP) for the SZC Project. Specifically they will advise on the structure of FundCo, incentivisation mechanics and the investment strategy. BEIS would also like GAD to review the draft FAP which will be submitted to BEIS in the new year in advance of this going to the NLFAB.

Options: Due to the urgent need to deliver the actuarial services for around the SZC Funding Arrangements Plan (FAP) submission and the SZC and to provide BEIS with broader advice on the development of the project a direct award to GAD is proposed.

### Procurement Information

Direct award due to extreme urgency and the need to deliver the actuarial services for around the SZC Funding Arrangements Plan (FAP) submission and the SZC and to provide BEIS with broader advice on the development of the project a direct award to GAD is proposed.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/032348-2021 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Dec 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 20 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £170,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BUSINESS ENERGY AND INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GOVERNMENT ACTUARY DEPARTMENT |

## CPV Codes

### Divisions

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

### Codes

- 66000000 - Financial and insurance services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 24 Dec 2021 at 14:55 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/032348-2021
- 24 Dec 2021 at 14:33 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/032346-2021

## Notice URLs

- http://www.beis.gov.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-h6vhtk-0305d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0305d1.json.