Economic Scenario Model (ESM)

  • The Board of the Pension Protection Fund

F14: Notice for changes or additional information

Notice identifier: 2024/S 000-016072

Procurement identifier (OCID): ocds-h6vhtk-02a5d2

Published 21 May 2024, 4:41pm



Section one: Contracting authority/entity

one.1) Name and addresses

The Board of the Pension Protection Fund

Renaissance, 12 Dingwall Road

Croydon

CR0 2NA

Email

Commercialservices@ppf.co.uk

Telephone

+44 8456002541

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://ppf.bravosolution.co.uk/web/login.html

Buyer's address

http://www.ppf.co.uk/


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Economic Scenario Model (ESM)

two.1.2) Main CPV code

  • 48000000 - Software package and information systems

two.1.3) Type of contract

Supplies

two.1.4) Short description

The Pension Protection Fund (PPF) awarded a contract for an Economic Scenario Model (ESM) in accordance with the Public Contracts Regulations 2015 under the Open Procedure.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2022/S 000-006637


Section seven. Changes

seven.1.2) Text to be corrected in the original notice

Section number

II.2.4

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Text

Initial contract value (ex VAT) has been updated in line with the now known expected spend on additional modules. The scope for additional modules and subsequent spend were included within the Invitation to Tender Specification and the FTS Award Notice.

Updated Contract Value - £1,5134,253

Section number

II.1.7

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Text

Addition of 3 new modules - ALM, Climate and ECF Liability - the contract value is £1,534,253.85 (ex VAT). The scope for these additional modules and subsequent spend were included within the Invitation to Tender Specification and the FTS Award Notice.