Tender Details

Country: United Kingdom
Summary: Actuarial Consultancy Services in Relation to Pensions
GBT Ref No: 77431572
Deadline: 10 Feb 2023
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 3000000
Notice Type: Tender
Document Ref. No.: 9979f97d-0e93-4312-a2a3-815d0fccd58f
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Description:
Title : Actuarial Consultancy Services in relation to Pensions
Location Of Contract : EC2R 8AH
Industry : Pension fund management services - 66141000 Actuarial services - 66519600 Pension services - 66520000 Pension fund consultancy services - 66523000
Value Of Contract : £3,000,000
Description : The Bank is looking to conduct an open tender procedure in 2023 for the re-tender of its Actuarial Consultancy Services contract and is planning to tender for a 5-year contract (with an option to extend for up to an additional 5 years). The services to be provided will include performing the Bank's annual IAS19 valuations together with the associated disclosures for the Bank's annual report and accounts, advising the Bank in its discussions with the Pension Fund Trustees and their actuarial advisers during the triennial valuation for the Fund and during all other significant engagements with the Trustees and providing other general advice to the Bank on Pension related matters as required. The services will also include providing the cost for each of the Bank's CARE pension accrual rates, the flex rates and the opt out rates based on the Pension Fund's investment strategy. This PIN is intended to obtain expressions of interest from market suppliers in relation to the described services. The Ba...
Documents:

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Actuarial Consultancy Services in Relation to Pensions - Greatbritain Tender

The BANK OF ENGLAND, a Government sector organization in United Kingdom, has announced a new tender for Actuarial Consultancy Services in Relation to Pensions. This tender is published on GreatbritainTenders under GBT Ref No: 77431572 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2023-02-10.

The estimated tender value is GBP 3000000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.