Source: https://tendernation.io/opportunities/01a13b9a-afd9-71f9-a486-a270ba2aef9d/actuarial-consultancy-services-in-relation-to-pensions

pending GB open procedure

# Actuarial Consultancy Services in relation to Pensions

[Bank of England](https://tendernation.io/buyers/bank-of-england)

Open field

Estimated value

£3,000,000

Published

16 Jan 2023

Deadline

Rolling deadline

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

The Bank is looking to conduct an open tender procedure in 2023 for the re-tender of its Actuarial Consultancy Services contract and is planning to tender for a 5-year contract (with an option to extend for up to an additional 5 years).

The services to be provided will include performing the Bank's annual IAS19 valuations together with the associated disclosures for the Bank’s annual report and accounts, advising the Bank in its discussions with the Pension Fund Trustees and their actuarial advisers during the triennial valuation for the Fund and during all other significant engagements with the Trustees and providing other general advice to the Bank on Pension related matters as required.

The services will also include providing the cost for each of the Bank's CARE pension accrual rates, the flex rates and the opt out rates based on the Pension Fund's investment strategy.

## CPV classification

Pension services Pension fund management services Pension fund consultancy services Actuarial services

Source

Find a Tender (UK) · Notice ocds-h6vhtk-0397f9-2023-01-16T16:36:27Z

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-0397f9-2023-01-16T16:36:27Z)

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