Published date: 15 March 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 29 March 2019

Contract summary

Industry

  • Pension fund management services - 66141000

  • Actuarial services - 66519600

  • Pension services - 66520000

Location of contract

Any region

Value of contract

£0 to £48,000

Procurement reference

CS19119

Published date

15 March 2019

Closing date

29 March 2019

Contract start date

10 April 2019

Contract end date

31 May 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

In accordance with International Financial Reporting Standards (IFRS) as adapted and interpreted by the HM Treasury Financial Reporting Manual (FReM) , BEIS prepares consolidated annual financial statements. During this process, BEIS collects financial and non-financial information that is subject to judgements, estimates and assumptions, which in some cases, are based upon professional's valuation and/or assessment. Defined benefit pension schemes are such an area as they require an actuarial valuation to prepare pension accounting disclosures in accordance with IFRS standard IAS 19 'Employee Benefits'.
• Objectives:

To provide: Accounting for pension costs - IAS 19 disclosures for the Dounreay Section of the Combined Nuclear Pension Plan
2018/19 IAS 19 disclosures, including movements in the Statement of Comprehensive Net Expenditure, year-end position in the Statement of Financial Position and other disclosures required under the standard.
How to Apply

As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS will be using the CCS eSourcing Suite for this procurement.

To register on the CCS eSourcing portal please follow the details contained within the Additional Information section of this notice.

If you are already registered on the CCS eSourcing portal and wish to register your interest in this opportunity please email; expressionofinterest@crowncommercial.gov.uk

Your email must clearly state:
• the name and reference for the procurement you wish to register for;
• the name of the registered Bidder;
• the name and contact details for the registered individual sending the email.

Please disregard any content in this notice that requests your organisation "to apply directly to the buyer" as this unfortunately a system generated error, that is outside of the Contracting Authorities control.

More information

Attachments

About the buyer

Contact name

Christopher Grant

Address

North Star House
SWINDON
SN21FF
England

Telephone

01793425079

Email

professionalservices@uksbs.co.uk