Provide Actuarial Services and Audit for Police Insurance Fund

Provide Actuarial Services and Audit for Police Insurance Fund

Forecast of provisions required in the police insurance funds to meet future liabilities and the audit and benchmarking of those funds against other organisations.

United Kingdom-Guildford: Actuarial services

2016/S 220-401139

Contract notice


Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Office of the Surrey Police and Crime Commissioner for Surrey Police
Surrey Police, Mount Browne, Sandy Lane
United Kingdom
Contact person: Benjamin Hilliam
Telephone: +44 1483632083
NUTS code: UKJ2
Internet address(es):Main address:

Address of the buyer profile:

I.2)Joint procurement

The contract is awarded by a central purchasing body


The procurement documents are available for unrestricted and full direct access, free of charge, at:
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via:
Tenders or requests to participate must be submitted to the abovementioned address

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Public order and safety

Section II: Object

II.1)Scope of the procurement


Provision of Police Insurance Fund Actuarial Services and Audit.

Reference number: JPS294

II.1.2)Main CPV code


II.1.3)Type of contract


II.1.4)Short description:

Forecast of provisions required in the police insurance funds to meet future liabilities and the audit and benchmarking of those funds against other organisations.

II.1.5)Estimated total value

Value excluding VAT: 210 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: no

II.2.2)Additional CPV code(s)


II.2.3)Place of performance

NUTS code: UKK
NUTS code: UKJ
NUTS code: UKI
NUTS code: UKH
Main site or place of performance:

Surrey, GU3 1BR.

II.2.4)Description of the procurement:

The Police and Crime Commissioner for Surrey is leading on a contract agreement for the Provision of Actuarial Services and Fund Audit on behalf of the South East and Eastern Region Police Insurance Consortium (SEERPIC). The primary purpose of this procurement is to obtain a high quality, good value actuarial service for each framework participant in order that they can maintain prudent self-insurance arrangements to cover existing and future insurable liabilities. The core requirements will be a periodic and comprehensive actuarial review of the self-funding arrangements for any listed participant, and to provide a bi-annual benchmarking and strategic analysis report.

This is being conducted on behalf of the SEERPIC Consortia consisting of the following Police Authorities:

— Bedfordshire Police;

— Cambridgeshire Constabulary;

— Essex Police;

— Hertfordshire Constabulary;

— Kent Police;

— Norfolk Constabulary;

— Suffolk Constabulary;

— Surrey Police;

— Sussex Police;

— Thames Valley Police.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

Value excluding VAT: 210 000.00 GBP

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 48
This contract is subject to renewal: no

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no
II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

III.1.2)Economic and financial standing

Selection criteria as stated in the procurement documents

III.1.3)Technical and professional ability

Selection criteria as stated in the procurement documents
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract

III.2.1)Information about a particular profession

Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision:

Yes. Actuarial service providers.

III.2.2)Contract performance conditions:

As per Tender Documentation.

III.2.3)Information about staff responsible for the performance of the contract

Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract

Section IV: Procedure


IV.1.1)Type of procedure

Open procedure

IV.1.3)Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement
Framework agreement with a single operator
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: yes
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 12/12/2016
Local time: 12:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:


IV.2.6)Minimum time frame during which the tenderer must maintain the tender

Duration in months: 3 (from the date stated for receipt of tender)

IV.2.7)Conditions for opening of tenders

Date: 12/12/2016
Local time: 12:00

Conducted electronically.

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no
VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review

VI.4.1)Review body

Office of the Police & Crime Commissioner for Surrey
PO Box 412
United Kingdom
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:



Related Posts

Treasury Management Services Staffordshire

Appointment of a Pension Fund Manager for Strathclyde Pension Fund

Fund Management for Scottish Government

Lease Financing for IT Assets

External Audit and Taxation Advisory Services Lancashire