Scope
Reference
2025/S 000-008368
Description
The contracting authority is looking to procure a set of climate scenarios that articulate the impact of climate change on the assumptions that it makes as part of it's actuarial advice work.
The climate scenarios will articulate adjustments to financial assumptions - including asset returns (such as returns on equities or bonds), inflation indices (e.g. CPI and wages) and economic variable (e.g. GDP etc).
The data will include a range of climate scenarios - for example under different levels of global warming or different speeds of policy response.
Contract 1
Supplier
Contract value
- £62,400 excluding VAT
- £74,880 including VAT
Below the relevant threshold
Earliest date the contract will be signed
13 March 2025
Contract dates (estimated)
- 14 March 2025 to 13 March 2026
- Possible extension to 13 March 2027
- 2 years
Description of possible extension:
1 x 12 month extension option available
Main procurement category
Services
CPV classifications
- 72319000 - Data supply services
Contract locations
- UK - United Kingdom
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Procedure
Procedure type
Below threshold - without competition
Supplier
Ortec Finance LTD
30 Old Bailey
London
EC4M 7AU
United Kingdom
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1
Contracting authority
Government Actuary's Department
- Public Procurement Organisation Number: PJVY-9952-JQGR
6th Floor, 10 South Colonnade
London
E14 4PU
United Kingdom
Email: GADCommercial@gad.gov.uk
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - central government