Awarded Contractocds-h6vhtk-0289b8

Actuarial Services

This exercise was a call for competition under Lot 1 of the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services (Reference Number NCCT41941) for the procurement of Actuarial Services to the East Riding Pension Fund (ERPF) from 01 April 2023 to 31 March 2033.

Buyer

East Riding of Yorkshire Council

Value

£350,000,000

Published

28 Feb 2023

Closes

22 Feb 2021

Procurement details

Source

Find a Tender

Region

United Kingdom

Procurement method

Selective

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

66523100

Pension fund administration services

66520000

Pension services

66523000

Pension fund consultancy services

Lots

Lot 1 Actuarial Services

£350,000,000

This exercise was a call for competition under Lot 1 of the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services (Reference Number NCCT41941) for the procurement of Actuarial Services to the East Riding Pension Fund (ERPF) from 01 April 2023 to 31 March 2033.

Delivery: United Kingdom, East Riding of Yorkshire

Lot 2 Benefits Consultancy

£350,000,000

Benefits Consultancy Services including but not limited to:Providing information and adviceWorking with stakeholdersReviewing processes, structures and policiesSupporting projects and provision of services

Delivery: United Kingdom

Lot 3 Governance Consultancy

£350,000,000

Governance Consultancy Services including but not limited to:Providing information and adviceWorking with stakeholdersReviewing processes, structures and policiesSupporting projects and provision of services

Delivery: United Kingdom

Lot 4 Funding Risk Advisory Services

£35,000,000

Funding Risk Advisory Services including but not limited to:Advice on the integration of investment and funding strategy (along with covenant if applicable) e.g. funding level, by employer type, cashflow profile etc. Asset/Liability modelling to support any recommendations, with potential changes to strategy and rationale.Advice, detailed covenant analysis a...

Delivery: United Kingdom

Lot 5 Consultancy Services to Support Specialist Projects

£350,000,000

Discrete pieces of specialist, pensions-related work including, but not limited to:LGPS asset management restructuring (asset pooling)Change managementProject managementRegulatory and best practice compliance reviews (including, but not limited to, compliance with MHCLG and The Pensions Regulator requirements)Data Quality, Validation Audits and i...

Delivery: United Kingdom

Documents

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Contains public sector information licensed under the Open Government Licence v3.0.