---
title: "Project Metz"
ocid: "ocds-h6vhtk-040687"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-040687"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-040687.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-040687.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WIRRAL BOROUGH COUNCIL"
published: "2024-08-22"
---

# Project Metz

Buyer: WIRRAL BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-040687

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-040687)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-040687.json)

## Summary

Wirral Borough Council has awarded a contract under the title "Project Metz" in the industry category of Insurance and Pension Services (CPV code 66500000). The awarded contract pertains to the purchase of bulk annuities for the Merseyside Pension Fund, including pensions in payment and other non-active members linked to Arriva Merseyside Limited. This procurement process follows the Competitive Procedure with Negotiation method, highlighting the Council's role as the buyer. Key dates in the procurement timeline include the contract notice published on 29th September 2023, the Selection Questionnaire (SQ) submission deadline on 31st October 2023, and the expected transaction in May 2024. The contract period is notably long, with no fixed end date, accommodating the life-long nature of pension services.

The Project Metz tender presents a lucrative opportunity for businesses in the insurance and pension services sector, particularly those specialised in bulk annuity provisions. Companies authorised by the Prudential Regulation Authority, with a robust financial standing exceeding a Solvency Capital Requirement ratio of 150%, are well-positioned to compete. This procurement offers significant business growth potential, given the contract's high value of approximately £200 million and the long-term investment in managing pension funds. The competitive selection process, with opportunities for negotiation and refinement of proposals, ensures that businesses can leverage their expertise to meet the stringent quality and price criteria set by the Council.

## Notice

Bulk Purchase Annuity Buy- in

### Lot Information

Lot 1

Bulk Purchase Annuity Buy- in. Additional information: Please note due to the nature of the contract the exact contract length cannot be determined, to accommodate this the contract length for the purposes of this notice has been set at 9999 months. The contract will have no fixed end date

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/026801-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Aug 2024 |
| Submission deadline | 31 Oct 2023 |
| Future notice date | Not specified |
| Award date | 14 Apr 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | £200,000,000 |
| Awards value | Not specified |
| Contracts value | £200,787,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WIRRAL BOROUGH COUNCIL |
| Locality | WALLASEY |
| Post town | Chester |
| Postcode | CH44 8ED |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD74 Wirral |
| Local authority | Wirral |
| Electoral ward | Birkenhead and Tranmere |
| Westminster constituency | Birkenhead |
| Delivery location | TLD72 Liverpool |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVIVA LIFE & PENSIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66500000 - Insurance and pension services

## Release History

- 22 Aug 2024 at 10:14 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/026801-2024
- 29 Sep 2023 at 10:16 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/028749-2023

## Notice URLs

- http://www.wirral.gov.uk/
- https://www.the-chest.org.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-040687. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-040687.json.