Expired contract

Climate Scenario Data

Details

Value
£62,400
Duration
1 year
Topic
Data supply services
Published
12 March 2025

Tender description

The contracting authority is looking to procure a set of climate scenarios that articulate the impact of climate change on the assumptions that it makes as part of it's actuarial advice work. The climate scenarios will articulate adjustments to financial assumptions - including asset returns (such as returns on equities or bonds), inflation indices (e.g. CPI and wages) and economic variable (e.g. GDP etc). The data will include a range of climate scenarios - for example under different levels of global warming or different speeds of policy response. ## Contract award

Timeline

  1. Completed: Award published12 March 2025
    Current notice
  2. Completed: Award date12 March 2025
  3. Completed: Contract expiry date13 March 2026

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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