--- title: "10001 Provision of Actuarial Services" ocid: "ocds-r6ebe6-0000492345" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000492345" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000492345.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000492345.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "FIFE COUNCIL" published: "2021-09-14" --- # 10001 Provision of Actuarial Services Buyer: FIFE COUNCIL Current stage: Award OCID: ocds-r6ebe6-0000492345 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000492345) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000492345.json) ## Summary Fife Council is leading a procurement process titled "10001 Provision of Actuarial Services," focusing on services related to the administration of the Local Government Pension Scheme. The procurement is currently at the Award stage, with the contract active since 20 July 2017, and was initially valued at £356,000. This contract covers delivery in Fife, with a related lot concerning the extension of actuarial services due to previously unanticipated circumstances impacting resources. The Council's address is Fife House, North Street, Glenrothes, KY7 5LT, UK. Key dates include the original contract signing and subsequent amendments, accommodating the needs arising from the Covid-19 pandemic. This tender presents significant opportunities for businesses, particularly actuarial firms and consultancy services that provide expertise in public sector pensions. Large and medium-sized companies, especially those well-versed in compliance and public contracts, would benefit from participating in this tender process. With the potential for additional variations and extensions in the contract length, businesses that can demonstrate a robust understanding of the Local Government Pension Scheme and relevant experience are well-positioned to compete and grow in this sector. ## Notice Fife Council is responsible for the administration of the Local Government Pension Scheme on behalf of 5 scheduled and 24 admitted bodies. The Fund has 16,247 active members, 10,246 deferred members and 11,989 pensioners. The market value of the Fund as at 23 March 2017 was GBP 2,242.565m. ### Lot Information Lot 1 Provision of actuarial services - extension Renewal: Up to 3 twelve month extensions ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP427629 | | Notice type | OJEU - F20 - Modification Notice | | Procurement type | Framework | | 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 | 14 Sep 2021 | | Submission deadline | 29 May 2017 | | Future notice date | Not specified | | Award date | 20 Jul 2017 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £93,603 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £356,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | FIFE COUNCIL | | Locality | GLENROTHES | | Post town | Kirkcaldy | | Postcode | KY7 5LT | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM0 Eastern Scotland | | ITL 3 | TLM01 Clackmannanshire and Fife | | Local authority | Fife | | Electoral ward | Glenrothes Central and Thornton | | Westminster constituency | Glenrothes and Mid Fife | | Delivery location | TLM72 Clackmannanshire and Fife | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | HYMANS ROBERTSON | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66519600 - Actuarial services ## Release History - 14 Sep 2021 at 00:00 - AwardUpdate - OJEU - F20 - Modification Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP427629 - 31 Jul 2017 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG291319 - 25 Apr 2017 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR281051 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR281051&idx=5 26th April 2017 - ESPD - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR281051&idx=1 26th April 2017 - TN1 Tenderer Information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR281051&idx=2 26th April 2017 - TN2 Tender Completion Document - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR281051&idx=3 26th April 2017 - Fife Council Terms & Conditions - Purchase of Services - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR281051&idx=4 26th April 2017 - ESPD - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR281051 10001 Provision of Actuarial Services - Fife Council is responsible for the administration of the Local Government Pension Scheme on behalf of 5 scheduled and 24 admitted bodies. The Fund has 16,247 active members, 10,246 deferred members and 11,989 pensioners. The market value of the Fund as at 23 March 2017 was GBP 2,242.565m. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG291319 10001 Provision of Actuarial Services - Fife Council is responsible for the administration of the Local Government Pension Scheme on behalf of 5 scheduled and 24 admitted bodies. The Fund has 16,247 active members, 10,246 deferred members and 11,989 pensioners. The market value of the Fund as at 23 March 2017 was GBP 2,242.565m. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP427629 10001 Provision of Actuarial Services ## Notice URLs - http:// - http://www.fifedirect.org.uk - http://www.publiccontractsscotland.gov.uk - http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=452191 - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361 - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000492345 ## 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-r6ebe6-0000492345. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000492345.json.