Section one: Contracting authority
one.1) Name and addresses
Business Energy and Industrial Strategy
1 Victoria Street
London
SW1H0ET
Telephone
+44 3000685394
Country
United Kingdom
NUTS code
UKI32 - Westminster
Internet address(es)
Main address
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Provision of Actuarial Services to SZC
two.1.2) Main CPV code
- 79200000 - Accounting, auditing and fiscal services
two.1.3) Type of contract
Services
two.1.4) Short description
To provide BEIS with advice on the structure of the development of the Funding Arrangements Plan (FAP) for the SZC Project. Specifically they will advise on the structure of FundCo, incentivisation mechanics and the investment strategy. BEIS would also like GAD to review the draft FAP which will be submitted to BEIS in the new year in advance of this going to the NLFAB.
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: £170,000
two.2) Description
two.2.2) Additional CPV code(s)
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
To provide BEIS with advice on the structure of the development of the Funding Arrangements Plan (FAP) for the SZC Project. Specifically they will advise on the structure of FundCo, incentivisation mechanics and the investment strategy. BEIS would also like GAD to review the draft FAP which will be submitted to BEIS in the new year in advance of this going to the NLFAB.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
Due to the urgent need to deliver the actuarial services for around the SZC Funding Arrangements Plan (FAP) submission and the SZC and to provide BEIS with broader advice on the development of the project a direct award to GAD is proposed.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
Direct award due to extreme urgency and the need to deliver the actuarial services for around the SZC Funding Arrangements Plan (FAP) submission and the SZC and to provide BEIS with broader advice on the development of the project a direct award to GAD is proposed.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
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
20 December 2021
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Government Actuary Department
United Kingdom
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: £170,000
Total value of the contract/lot: £170,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
BEIS
Westminster
Country
United Kingdom