Actuarial and Benefits

A Contract Award Notice
by WOLVERHAMPTON CITY COUNCIL

Source
Contracts Finder
Type
Contract (Services)
Duration
7 year
Value
£1M-£2M
Sector
BUSINESS
Published
15 Feb 2022
Delivery
01 Jan 2022 to 31 Dec 2028
Deadline
22 Sep 2021 12:00

Concepts

Location

Geochart for 1 buyers and 2 suppliers

1 buyer

2 suppliers

Description

The Fund is seeking a single supplier to provide both Actuarial and Benefit Consultancy Services (Lot 1 and Lot 2) from the four providers on both these lots i.e. one provider to service both lots. The Fund is separately seeking a single supplier for Funding Risk Advisory Services (Lot 4) from the six providers on this lot. For completeness, the Fund may appoint one sole provider for Lots 1 and 2 combined and a different or the same provider for Lot 4.The period of the contracts for both Lots 1 and 2 combined and separately for Lot 4 will run from 1 January 2022 to 31 December 2026 (with the option for two yearly extensions, firstly to 31 December 2027 and secondly to 31 December 2028), subject to the outcome of this further competition exercise

Award Detail

1 Hymans Robertson (London)
  • Value: £2,100,000
2 Mercer (None)
  • Value: £2,100,000

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains