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Contract Award Notice

AHDB Actuarial Services

  • First published: 10 August 2021
  • Last modified: 10 August 2021
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
AHDB
Authority ID:
AA58591
Publication date:
10 August 2021
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

AHDB

Stoneleigh Park

Kenilworth

CV8 2TL

UK

Telephone: +44 2072385921

E-mail: procurement@ahdb.org.uk

NUTS: UK

Internet address(es)

Main address: www.ahdb.org.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Other: Agriculture

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

AHDB Actuarial Services

II.1.2) Main CPV code

66519600

 

II.1.3) Type of contract

Services

II.1.4) Short 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.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 520 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Actuarial Advice

II.2.2) Additional CPV code(s)

66519600

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

3 years +1+1+1

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 2

II.2.1) Title

IAS19 Calculation

II.2.2) Additional CPV code(s)

66519600

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation).

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

2 years +1+1

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2021/S 000-006155

Section V: Award of contract

Lot No: 1

Title: Actuarial Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/08/2021

V.2.2) Information about tenders

Number of tenders received: 6

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

EC3R 5BU

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: Lowest offer: 360 000.00  GBP / Highest offer: 360 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Title: IAS19 Calculation

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

01/08/2021

V.2.2) Information about tenders

Number of tenders received: 7

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 160 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

AHDB

Kenilworth

UK

VI.5) Date of dispatch of this notice

06/08/2021

Coding

Commodity categories

ID Title Parent category
66519600 Actuarial services Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@ahdb.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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