---
title: "Q2403 - TENDER FOR THE PROVISION OF ACTUARIAL VALUATION SERVICES FOR THE NILGOSC PENSION FUND OF THE NORTHERN IRELAND HOUSING EXECUTIVE"
ocid: "ocds-h6vhtk-044739"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044739"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044739.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044739.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NORTHERN IRELAND HOUSING EXECUTIVE"
published: "2024-03-11"
---

# Q2403 - TENDER FOR THE PROVISION OF ACTUARIAL VALUATION SERVICES FOR THE NILGOSC PENSION FUND OF THE NORTHERN IRELAND HOUSING EXECUTIVE

Buyer: NORTHERN IRELAND HOUSING EXECUTIVE  
Current stage: Tender  
OCID: ocds-h6vhtk-044739

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## Summary

The Northern Ireland Housing Executive has initiated a tender process for the provision of actuarial valuation services for the NILGOSC Pension Fund. This tender falls under the category of Insurance services and is open to bidders. The deadline for submission is 25th March 2024 at 3:00 PM. The tender aims to secure services compliant with International Accounting Standard 19 'Employee Benefits' to support the Housing Executive in preparing accurate pension disclosures.

This procurement opportunity presents a significant chance for firms specialising in actuarial services and insurance to expand their business. Companies with expertise in pension fund valuations and compliance with accounting standards would be well-suited to compete in this tender process. The opportunity offers a contract period of 1080 days with a possible renewal option, providing stability for successful bidders to develop a long-term partnership with the Northern Ireland Housing Executive.

## Notice

The Housing Executive invites suitable Contractors for the provision of actuarial valuation services for the NILGOSC Pension fund of the Housing Executive. The Housing Executive participates in the Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) pension scheme, a multi-employer defined benefit scheme. The Housing Executive is obliged to prepare its accounts in accordance with the UK Government Financial Reporting Manual (FReM) which applies and adapts the International Financial Reporting Standards to the UK public sector. Pension disclosures within the annual accounts must be prepared in accordance with the provisions of International Accounting Standard (IAS) 19 'Employee Benefits'. The Housing Executive requires the services of an actuary who will assist the Housing Executive in preparing IAS 19 compliant pension disclosures, and associated information, in respect of each year-end in the Contract period.

### Lot Information

Lot 1

The Housing Executive invites suitable Contractors for the provision of actuarial valuation services for the NILGOSC Pension fund of the Housing Executive. The Housing Executive participates in the Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) pension scheme, a multi-employer defined benefit scheme. The Housing Executive is obliged to prepare its accounts in accordance with the UK Government Financial Reporting Manual (FReM) which applies and adapts the International Financial Reporting Standards to the UK public sector. Pension disclosures within the annual accounts must be prepared in accordance with the provisions of International Accounting Standard (IAS) 19 'Employee Benefits'. The Housing Executive requires the services of an actuary who will assist the Housing Executive in preparing IAS 19 compliant pension disclosures, and associated information, in respect of each year-end in the Contract period.

Renewal: It is anticipated, but not guaranteed, that a new procurement procedure may be initiated during the extension period, if used, or during the final year of the initial contract period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/007666-2024 |
| 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 | 11 Mar 2024 |
| Submission deadline | 25 Mar 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | £30,000 |
| 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 | NORTHERN IRELAND HOUSING EXECUTIVE |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT2 8BP |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Central |
| Westminster constituency | Belfast South and Mid Down |
| Delivery location | TLN0 Northern Ireland |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66500000 - Insurance and pension services
- 66510000 - Insurance services

## Release History

- 11 Mar 2024 at 12:25 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/007666-2024

## Notice URLs

- https://etendersni.gov.uk/epps
- https://etendersni.gov.uk/epps/cft/prepareViewCfTWS.do?resourceId=5285717

## 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-044739. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044739.json.