Stale Pre-tender

Economic & Climate Scenario Generator Service

Details

Value
£450,000
Topic
Economic research services
Published
15 September 2025
Submission
30 September 2025

Tender description

The Authority seeks a supplier to provide scenario data, beginning with data from Q4 2025/26. Services should include: - An economic scenario generator (ESG) service, to provide simulations of asset returns, inflation and other economic variables into the future (with up to 50 types of data fields), to be provided at least quarterly. - Climate scenarios, to be used alongside the ESG service, to provide variant projections based on different projected climate change scenarios, to be provided at least annually on 31st March each year. -An optional requirement to provide Asset Liability Modelling (ALM) software. The software will provide a means to perform analysis with the above economic and climate data, alongside additional liability data. Bidders can choose whether to include ALM software in their bid, and the Authority reserves the right to refuse the supplier's proposed offering as part of the final contract. Further detail will be provided in the full tender pack.

Timeline

  1. Completed: Pre-tender published15 September 2025
    Current notice

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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