Expired contract

AHDB Actuarial Services

Details

Value
£520,000
Duration
3 years
Topic
Actuarial services
Published
6 August 2021

Tender 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.

Timeline

  1. Completed: Award date1 August 2021
  2. Completed: Award published6 August 2021
    Current notice
  3. Completed: Contract expiry date31 July 2024

About the buyer

The Department for Environment, Food & Rural Affairs (DEFRA) is a ministerial department that also buys through agencies such as the Environment Agency, the Rural Payments Agency and the Animal and Plant Health Agency. Suppliers register on the DEFRA eCommercial website, Atamis, to compete for contract opportunities across the department. Larger opportunities are advertised through the Find a Tender service under the Procurement Act 2023, in force since February 2025. DEFRA also procures goods and services through the Crown Commercial Service. Existing contracts and frameworks set up under the previous procurement regulations remain valid until they expire.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of DEFRA's contract awards have been in research and development, construction work and business services.

Relevant CPV codes

  • 66519600 · Actuarial services

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