Awarded contract

Mantle Pension Valuation Software

Details

Supplier(s)
Softcat PLC
Value
£996,436
Duration
4 years
Topic
Industry specific software package
Published
4 July 2024

Tender description

Contract to provide licensing for Mantle Pension Valuation Software. Mantle Services Ltd makes available certain software applications to subscribers via the internet for the purpose of maintaining member records and benefit calculations for pension schemes, allowing the creation and maintenance of a common membership and calculations database that may be used for the provision of administration, actuarial and investment services. The Authority wishes to use the software service in its business operations.

Timeline

  1. Completed: Award date1 March 2024
  2. Completed: Award published4 July 2024
    Current notice
  3. Next: Contract expiry date29 February 2028in 16 months

About the buyer

Government Actuary's Department is a non-ministerial department and arm's length body of His Majesty's Treasury. GAD provides actuarial analysis, financial risk modelling and advice to the UK public sector. Its clients include government departments and public bodies. Pre-tender notices announce preliminary market engagement, such as for pensions valuation software. Recent awards cover HR and payroll software, Salesforce consultancy, brand design and recruitment services.

Over the past 5 years, most of Government Actuary's Department's contract awards have been in business services, IT services and software and information systems.

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Decision makers

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