AHDB Actuarial Services Tender

AHDB Actuarial Services Tender

Actuarial advisory services are required by the Agriculture and Horticulture Development Board, in respect of two legacy Defined Benefit pension schemes.

AHDB Actuarial Services

Contract summary

 

Industry

  • Actuarial services – 66519600

Location of contract

CV8 2TL

Value of contract

£360,000

Procurement reference

tender_268638/935332

Published date

25 March 2021

Closing date

30 April 2021

Closing time

3pm

Contract start date

1 August 2021

Contract end date

31 July 2023

Contract type

Service contract

Procedure type

Open procedure (OJEU)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

 

Description

Actuarial advisory services are required by the Agriculture and Horticulture Development Board?(AHDB), in respect of two legacy Defined Benefit pension schemes. This is distinct from the requirements of the schemes themselves which appoint their own actuary.

AHDB is the sponsoring employer of the Home-Grown Cereals Authority Pension Plan (“HGCA Plan”) and the Meat and Livestock Commission Pension Scheme (“MLC Scheme”).

The procurement is split into two Lots:
– Lot 1 – Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services in respect of the HGCA Plan and the MLC Pension Scheme
– Lot 2 – IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation) for the MLC Pension Scheme only.

 

More information

 

Links
Additional text
How to Express Interest in this Tender and respond to the opportunity

1. Register your company on the eSourcing portal (this is only required once)
Browse to the eSourcing Portal: https://defra.bravosolution.co.uk and click the link to register Accept the terms and conditions and click ‘continue’
Enter your correct business and user details – Note the username you chose and click ‘Save’ when complete
You will shortly receive an email with your unique password (please keep this secure)

2. Express an Interest in the tender
Login to the portal with the username/password
Click the ITTs Open To All Suppliers’ link. (These Invitations to Tender open to any registered supplier) – Click on the relevant ITT to access the content.
Click the ‘Express Interest’ button at the top of the page.
This will move the ITT into your ‘My ITTs’ page. (This is a secure area reserved for your projects only) You can now access any attachments by clicking ‘Buyer Attachments’ in the ‘ITT Details’ box

3. Responding to the tender
Click ‘My Response’ under ‘ITT Details’, you can choose to ‘Create Response’ or to ‘Decline to Respond’ (please give a reason if declining)
You can now use the ‘Messages’ function to communicate with the buyer and seek any clarification – Note the deadline for completion, then follow the onscreen instructions to complete the ITT
There may be a mixture of online and offline actions for you to perform (there is detailed online help available) You must then submit your reply using the ‘Submit Response’ button at the top of the page. If you require any further assistance please consult the online help.

 

How to apply

 

Follow the instructions given in the description or the more information section.

 

About the buyer

 

Address

Stoneleigh Park
Kenilworth
CV8 2TL
England

Email

procurement@ahdb.org.uk