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Awarded

Financial analysis software package

Published

Supplier(s)

Veratta Limited

Value

622,375 GBP

Description

The Customer’s actuarial software system services contract is currently licensed via Equiniti Group PLC and expires on 31.12.2018. The software has been used by the customer as their main Pensions Valuation System (PVS) for 7 years. The scope of the services for this ITT includes provision of a PVS to value pension liabilities for clients across the department including: — Calculating Past Service Liabilities and Future Service Costs for large Public Service Pension Schemes, — Calculating Past Service Liabilities and Future Service Costs for other schemes that GAD advises, — Calculating transfer values and broad comparability assessments, — Other pension based work including long-term cashflow modelling. Further details are available at https://cps.bravosolution.co.uk/ (itt_870). To access the ITT, suppliers must first complete a Non-Disclosure Agreement. Software as a service, see https://cps.bravosolution.co.uk/ (ITT_870) for details.

Timeline

Award date

6 years ago

Publish date

6 years ago

Buyer information

Government Actuary's Department

Contact:
Catherine Nichols
Email:
Catherine.Nicols@gad.gov.uk

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