---
title: "Actuarial Benefits and Governance Services"
ocid: "ocds-h6vhtk-078d31"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-078d31"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-078d31.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-078d31.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "London Borough of Lambeth"
published: "2026-10-21"
---

# Actuarial Benefits and Governance Services

Buyer: London Borough of Lambeth  
Current stage: Planning  
OCID: ocds-h6vhtk-078d31

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## Summary

The London Borough of Lambeth intends to procure actuarial and pension fund advisory services. The work covers triennial actuarial valuations of the Pension Fund, calculations of employer contribution rates, and accounting reports under IAS 19 and FRS 102. The provider will also advise on pension fund governance and regulation, support preparation of funding strategy statements, carry out risk modelling and scenario analysis, explain legislative and regulatory changes, and provide ad hoc calculations and template documents. This is a single service covering the Council’s pension fund needs. Delivery is for the London Borough of Lambeth in London.

This procurement is at the planning stage: the Council has stated its intention to buy the services, but has not yet invited tenders. The planned contract period runs from 1 April 2027 to 31 March 2037. The estimated value is £800,000 excluding VAT (£960,000 including VAT). The Council expects a further procurement notice on 10 November 2026. The plan identifies one lot, marked as suitable for small and medium-sized enterprises. No procurement procedure, submission deadline, eligibility conditions or evaluation criteria are set out at this stage, so suppliers should treat the stated scope, timing and value as planning information rather than a tender invitation.

This work is suited to actuarial consultancies and pension specialists with the qualifications and capacity to provide recurring pension fund valuations and contribution calculations, alongside accounting support under IAS 19 and FRS 102. Suppliers with experience advising public-sector pension funds on funding strategy, governance and regulatory requirements would be well placed, as would teams able to model risks and scenarios and respond to changes in legislation. The requirement also calls for flexible advisory support, including ad hoc calculations and reusable template documentation, over a long-term relationship. The Council has indicated that the single lot is suitable for SMEs, making the planned requirement relevant to smaller specialist providers as well as larger firms.

## Notice

The Council requires a qualified actuarial services provider to deliver: * Triennial actuarial valuations of the Pension Fund * Employer contribution rate calculations * Accounting reports (IAS19 / FRS102) * Governance and regulatory advice * Support with funding strategy statements * Risk modelling and scenario analysis * Guidance on legislative and regulatory changes * Ad hoc calculations and provision of template documentation

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/099635-2026 |
| Notice type | UK1 - Pipeline Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Oct 2026 |
| Submission deadline | Not specified |
| Future notice date | 10 Nov 2026 |
| Award date | Not specified |
| Contract period | 1 Apr 2027 - 1 Apr 2037 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £800,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | London Borough of Lambeth |
| Locality | LONDON |
| Postcode area | South West London |
| Postcode | SW2 1RW |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI45 Lambeth |
| Local authority | Lambeth |
| Electoral ward | Brixton Acre Lane |
| Westminster constituency | Clapham and Brixton Hill |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services

## Release History

- 21 Oct 2026 at 15:52 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/099635-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/099635-2026
  21st October 2026 - Pipeline notice on Find a Tender

## Notice URLs

- 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-078d31. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-078d31.json.