Professional Services Framework (Admin, Actuarial, and Consultancy) 2023
key details
| Status | complete |
|---|---|
| Category (CPV) | 66500000 |
| Region | London |
| Deadline | 26 Jul 2023 |
| Contract start | 2 Dec 2023 |
| Contract end | 1 Dec 2025 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-f7536d18-0d15-4e48-88f8-f69b4196c3ac |
Awards (14)
This procurement was awarded to 14 suppliers. Values shown are per-award; the notice total is ·.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Barnett Waddingham LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Broadstone Pensions Limited shared | £50,000,000 | 2 Dec 2023 | active |
| Capita Pension Solutions Limited shared | £50,000,000 | 2 Dec 2023 | active |
| Ernst & Young LLP shared | £50,000,000 | 2 Dec 2023 | active |
| First Actuarial LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Government Actuary's Department shared | £50,000,000 | 2 Dec 2023 | active |
| Grant Thornton UK LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Hymans Robertson LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Isio Group Limited shared | £50,000,000 | 2 Dec 2023 | active |
| KPMG LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Lane Clark and Peacock LLP shared | £50,000,000 | 2 Dec 2023 | active |
| PricewaterhouseCoopers LLP shared | £50,000,000 | 2 Dec 2023 | active |
| QUANTUM ACTUARIAL LLP shared | £50,000,000 | 2 Dec 2023 | active |
| Spence & Partners Limited shared | £50,000,000 | 2 Dec 2023 | active |
description
The Board of the Pension Protection Fund has procured a Framework Agreement consisting of specialist firms to provide administration, actuarial, support and consultancy services.
Firms have been appointed to either one or both Lots, distinguished by the type of work required under the Framework Agreement.
- Lot 1 - Administration, Actuarial, Support & Pensions Consultancy Services
- Lot 2 - Actuarial Consultancy Services
Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time.
Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered).
The Framework Agreement has an initial term of two years, with the option of two one-year extensions.
NEST may also choose to contract for services via a call-off from the Framework.
The final value of the framework across the maximum term may fall within a wide range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of.
Additional information:
See notice tender_356523/1227681 for opportunity notice
documents
- https://www.contractsfinder.service.gov.uk/Notice/7bddcaf6-ce81-486a-aa23-a36bea9fe831 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
3 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 22 Jun 2023 | Tender (tender) | · | 7bddcaf6-ce81-486a-aa23-a36bea9fe831-655850 |
| 28 Jun 2023 | Tender amendment (tenderAmendment) | · | 7bddcaf6-ce81-486a-aa23-a36bea9fe831-657437 |
| 27 Dec 2023 | Award (award) | · | c55ed260-1fab-4c5f-a0e6-fd710428aedd-710094 |
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source
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