Contract

AHDB Actuarial Services

  • AHDB

F03: Contract award notice

Notice identifier: 2021/S 000-019129

Procurement identifier (OCID): ocds-h6vhtk-029f7d

Published 6 August 2021, 10:44pm



Section one: Contracting authority

one.1) Name and addresses

AHDB

Stoneleigh Park

Kenilworth

CV8 2TL

Email

procurement@ahdb.org.uk

Telephone

+44 2072385921

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

www.ahdb.org.uk

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Other activity

Agriculture


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

AHDB Actuarial Services

two.1.2) Main CPV code

  • 66519600 - Actuarial services

two.1.3) Type of contract

Services

two.1.4) Short description

The actuarial advisory services are in respect of two legacy Defined Benefit pension schemes, 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 was 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.

two.1.6) Information about lots

This contract is divided into lots: Yes

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £520,000

two.2) Description

two.2.1) Title

Actuarial Advice

Lot No

1

two.2.2) Additional CPV code(s)

  • 66519600 - Actuarial services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Actuarial Advice: the provision of actuarial advice on funding, accounting, strategy and related services

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: Yes

Description of options

3 years +1+1+1

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2) Description

two.2.1) Title

IAS19 Calculation

Lot No

2

two.2.2) Additional CPV code(s)

  • 66519600 - Actuarial services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

IAS19 Calculation: to provide AHDB with IAS19 Calculations (or such calculations as are required under the prevailing pensions accounting legislation).

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: Yes

Description of options

2 years +1+1

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: 2021/S 000-006155


Section five. Award of contract

Lot No

1

Title

Actuarial Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

1 August 2021

five.2.2) Information about tenders

Number of tenders received: 6

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Mercer Ltd

London

EC3R 5BU

Country

United Kingdom

NUTS code
  • UK - United Kingdom
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: £360,000

Lowest offer: £360,000 / Highest offer: £360,000 taken into consideration


Section five. Award of contract

Lot No

2

Title

IAS19 Calculation

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

1 August 2021

five.2.2) Information about tenders

Number of tenders received: 7

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Mercer Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £160,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

AHDB

Kenilworth

Country

United Kingdom