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Contract Award Notice

Actuarial Advisory Services Framework

  • First published: 11 December 2020
  • Last modified: 11 December 2020

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:
National Grid UK Ltd
Authority ID:
AA78147
Publication date:
11 December 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Actuarial advisory services for Group Pensions.

Full notice text

Contract award notice – utilities

Section I: Contracting entity

I.1) Name and addresses

National Grid UK Ltd

04508773

One Strand, Trafalgar Square

London

WC2N 5EH

UK

E-mail: radka.street@nationalgrid.com

NUTS: UKI32

Internet address(es)

Main address: www.nationalgrid.com

I.2) Joint procurement

The contract is awarded by a central purchasing body

I.6) Main activity

Other: Actuarial Advisory Services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Actuarial Advisory Services Framework

II.1.2) Main CPV code

66519600

 

II.1.3) Type of contract

Services

II.1.4) Short description

Framework agreement for 3 years and an option to extend for 2 years in 12 month increments, effective from 10 November 2020.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Lowest offer:   / Highest offer:  

II.2) Description

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Actuarial advisory services for Group Pensions.

II.2.5) Award criteria

Quality criterion: Technical / Weighting: 40

Price / Weighting:  60

II.2.11) Information about options

Options: No

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

Award of a contract without prior publication of a call for competition

Justification for selected award procedure:

The procurement falls outside the scope of application of the Directive

Explanation

Suppliers registered under the 'pension funding services' code on Achilles UVDB, pre-qualification system, were invited to tender. This is in line with UCR.

IV.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement with a single operator.

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

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice

Section V: Award of contract

Title: Actuarial Advisory Services Framework

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

10/11/2020

V.2.2) Information about tenders

Number of tenders received: 8

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 8

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

Aon Solutions UK Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Barnett Waddingham LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Hymans Robertson LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Isio Group Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

PricewaterhouseCoopers LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Towers Watson Ltd

Reigate, Surrey

UK

NUTS: UK

The contractor is an SME: No

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

National Grid UK Ltd

London

UK

VI.5) Date of dispatch of this notice

08/12/2020

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:
radka.street@nationalgrid.com
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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