Section one: Contracting authority
one.1) Name and addresses
VisitBritain/VisitEngland
3 Grosvenor Gardens, Victoria
London
SW1W 0BD
Contact
Procurement Team
Country
United Kingdom
Region code
UKI3 - Inner London – West
Internet address(es)
Main address
Buyer's address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Tourism
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
BTA1813 - Independent Pension Advice and IAS 19 Valuation and Disclosure
Reference number
BTA1813
two.1.2) Main CPV code
- 66522000 - Group pension services
two.1.3) Type of contract
Services
two.1.4) Short description
The scope of this procurement relates to the BTA (VisitBritain) section of the scheme only and covers independent pension advice to assist BTA in managing its obligations as an employer, having a collaborative relationship with the Trustees of the scheme, ensuring the scheme has an appropriate investment strategy in order to minimise the risk of deficit contributions and the calculations for the employer IAS19 accounting disclosures.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £357,000
two.2) Description
two.2.2) Additional CPV code(s)
- 66519600 - Actuarial services
- 66519600 - Actuarial services
- 66522000 - Group pension services
two.2.3) Place of performance
NUTS codes
- UKI3 - Inner London – West
Main site or place of performance
London.
two.2.4) Description of the procurement
The scope of this procurement relates to the BTA (VisitBritain) section of the scheme only and covers independent pension advice to assist BTA in managing its obligations as an employer, having a collaborative relationship with the Trustees of the scheme, ensuring the scheme has an appropriate investment strategy in order to minimise the risk of deficit contributions and the calculations for the employer IAS19 accounting disclosures.
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 80%
Price - Weighting: 20%
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2022/S 000-028459
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
23 January 2023
five.2.2) Information about tenders
Number of tenders received: 12
Number of tenders received from tenderers from other EU Member States: 0
Number of tenders received by electronic means: 12
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Pricewaterhouse Coopers LLP
PriceWaterhouseCoopersLLP, 1 Embankment Place, London, WC2N 6RH
London
WC2N 6RH
Telephone
+44 2075835000
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
OC303525
Internet address
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £385,000
Total value of the contract/lot: £357,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
VisitBritain/VisitEngland
3 Grosvenor Gardens
London
SW1W 0BD
Country
United Kingdom
Internet address
six.4.2) Body responsible for mediation procedures
VisitBritain/VisitEngland
3 Grosvenor Gardens
London
SW1W 0BD
Country
United Kingdom
Internet address
six.4.4) Service from which information about the review procedure may be obtained
VisitBritain/VisitEngland
3 Grosvenor Gardens
London
SW1W 0BD
Country
United Kingdom