---
title: "Climate Scenario Data"
ocid: "ocds-h6vhtk-04ec19"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04ec19"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04ec19.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04ec19.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GOVERNMENT ACTUARY'S DEPARTMENT"
published: "2025-03-26"
---

# Climate Scenario Data

Buyer: GOVERNMENT ACTUARY'S DEPARTMENT  
Current stage: Award  
OCID: ocds-h6vhtk-04ec19

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04ec19)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04ec19.json)

## Summary

The Government Actuary's Department (GAD) has procured climate scenario data services through a direct procurement method, classified as below threshold without competition. The procurement titled "Climate Scenario Data" aims to articulate the impact of climate change on actuarial assumptions. The contract was awarded to Ortec Finance LTD, based in London, and covers the provision of data that includes a range of climate scenarios under various global warming levels or policy responses. The total contract value is £62,400 excluding VAT (£74,880 gross). The contract began on 27th March 2025 and will end on 26th March 2026.

This tender offers business growth opportunities, particularly for firms specialising in data supply services and climate impact modelling. Large-scale suppliers, such as Ortec Finance LTD, that possess expertise in financial data and climate scenario analysis, are well-positioned to compete. Businesses with capabilities to deliver agile, precise data under strict performance requirements can leverage such contracts to establish their market reputation and expand their service portfolio.

## Notice

The contracting authority is looking to procure a set of climate scenarios that articulate the impact of climate change on the assumptions that it makes as part of it's actuarial advice work. The climate scenarios will articulate adjustments to financial assumptions - including asset returns (such as returns on equities or bonds), inflation indices (e.g. CPI and wages) and economic variable (e.g. GDP etc). The data will include a range of climate scenarios - for example under different levels of global warming or different speeds of policy response.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/011361-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Below threshold - without competition |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Mar 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 12 Mar 2025 |
| Contract period | 27 Mar 2025 - 26 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £62,400 |
| Contracts value | £62,400 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GOVERNMENT ACTUARY'S DEPARTMENT |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ORTEC FINANCE |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72319000 - Data supply services

## Release History

- 26 Mar 2025 at 15:13 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/011361-2025
- 12 Mar 2025 at 12:40 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/008965-2025
- 12 Mar 2025 at 12:32 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/008962-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/011361-2025
  26th March 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/008965-2025
  12th March 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/008962-2025
  12th March 2025 - Transparency notice on Find a Tender

## Notice URLs

- https://www.find-tender.service.gov.uk/api/1.0/ocdsReleasePackages/ocds-h6vhtk-04ea92
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-04ec19. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04ec19.json.