---
title: "BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure"
ocid: "ocds-h6vhtk-03747e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03747e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03747e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03747e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "VISITBRITAIN/VISITENGLAND"
published: "2023-09-26"
---

# BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure

Buyer: VISITBRITAIN/VISITENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-03747e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03747e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03747e.json)

## Summary

The procurement process for the contract "BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure" was successfully awarded to Pricewaterhouse Coopers LLP by VisitBritain/VisitEngland based in London, United Kingdom. The contract falls under the industry category of group pension services for UK DB Pensions. The contract period is from January 5, 2023, to January 5, 2026, with a total contract value of £365,500. The award was announced on January 23, 2023, following a tender process that commenced on September 26, 2023.

This tender opportunity offers businesses in the services sector, particularly those specialised in group pension services, a chance to collaborate with VisitBritain/VisitEngland in managing pension obligations efficiently. Companies providing independent pension advice and valuation services, like Pricewaterhouse Coopers LLP, were well-suited to compete for this contract. The procurement method used was a formal tender, providing a transparent and competitive process for interested firms to demonstrate their capabilities in addressing VisitBritain/VisitEngland's pension scheme requirements.

## Notice

The scope of this procurement relates to the BTA (VisitBritain) section of the scheme only and covers independent pension advice to assist BTA in managing its obligations as an employer, having a collaborative relationship with the Trustees of the scheme, ensuring the scheme has an appropriate investment strategy in order to minimise the risk of deficit contributions and the calculations for the employer IAS19 accounting disclosures.

### Lot Information

Lot 1

UK DB Pensions Scheme Independent Pension Advice & IAS 19 Valuation & Disclosure Services

Renewal: Option to extend for 2 further periods of 12 months each.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028372-2023 |
| 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 | 26 Sep 2023 |
| Submission deadline | 9 Nov 2022 |
| Future notice date | Not specified |
| Award date | 23 Jan 2023 |
| Contract period | 5 Jan 2023 - 5 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £385,000 |
| Lots value | £385,000 |
| Awards value | Not specified |
| Contracts value | £722,500 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | VISITBRITAIN/VISITENGLAND |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1W 0BD |
| 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 | TLI London, TLI3 Inner London - West |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRICEWATERHOUSE COOPERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services
- 66522000 - Group pension services

## Release History

- 26 Sep 2023 at 13:47 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/028372-2023
- 26 Jan 2023 at 12:00 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/002399-2023
- 10 Oct 2022 at 15:13 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/028459-2022

## Notice URLs

- http://www.gov.uk/courts-tribunals
- http://www.pwc.co.uk
- http://www.visitbritain.org
- https://visitbritain.force.com/s/Welcome

## 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-03747e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03747e.json.