Published date: 6 August 2021
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Actuarial services - 66519600
Location of contract
CV8 2TL
Value of contract
£520,000
Procurement reference
tender_268638/986157
Published date
6 August 2021
Closing date
30 April 2021
Closing time
3pm
Contract start date
1 August 2021
Contract end date
31 July 2024
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The actuarial advisory services are in respect of two legacy Defined Benefit pension schemes, distinct from the requirements of the schemes themselves which appoint their own actuary.
AHDB is the sponsoring employer of the Home-Grown Cereals Authority Pension Plan ("HGCA Plan") and the Meat and Livestock Commission Pension Scheme ("MLC Scheme").
The procurement was split into two Lots:
- Lot 1 - Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services in respect of the HGCA Plan and the MLC Pension Scheme
- Lot 2 - IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation) for the MLC Pension Scheme only.
More information
Attachments
Award information
Awarded date
1 August 2021
Contract start date
1 August 2021
Contract end date
31 July 2024
Total value of contract
£520,000
This contract was awarded to 1 supplier.
Mercer Ltd
Address
1 Tower Place West, Tower Place, London, EC3R 5BU
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
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Closing: 30 April 2021, 3pm
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