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United Kingdom-Croydon: Insurance and pension services
Section I: Contracting authority
Section II: Object
Administration, Actuarial, Support and Consultancy Services
The board of the Pension Protection Fund would like to procure a new framework agreement of specialist firms to provide administration, actuarial, support and consultancy services.
NEST may also choose to contract for services via a call-off from the framework.
The maximum number of firms per lot that will be admitted to the framework agreement are as follows:
Lot 1: 10
Lot 2: 15
Administration, Actuarial, Support and Pensions Consultancy Services
Lot 1 is primarily for services to the board where both administration and actuarial services and/or pensions consultancy may be required at the same time, firms applying for this lot will have direct experience in the pensions industry.
The framework agreement will be awarded for an initial period of two (2) years, the framework agreement may be extended on the same terms and conditions at the board’s option for a further period or periods not exceeding four (4) years in total.
Actuarial Consultancy Services
Lot 2 is aimed at firms with specialist actuarial capabilities who will have experience in either the pensions or insurance industries (where long term risk modelling is also considered).
The framework agreement will be awarded for an initial period of two (2) years, the framework agreement may be extended on the same terms and conditions at the Board’s option for a further period or periods not exceeding four (4) years in total.
Section III: Legal, economic, financial and technical information
Selection criteria as stated in the procurement documents.
Section IV: Procedure
Section VI: Complementary information
Important Note regarding. 'IV.2.4) Languages in which tenders or requests to participate may be submitted'. At the time of publishing this notice the system would only accept the notice if 'AR' was picked also. Please note that tenders can and will only be accepted in English.