RFP QuestBeta
ClosedStage · contract

STUDENT LOANS COMPANY LIMITED

Actuarial Services (IAS 19 Disclosure)

Financial ServicesCPV 66000000 66500000 66510000 66519000
Value£61k
Deadline7 Feb 2024
Published5 Mar 2024
RegionScotland
Timeline
Published 5 Mar 2024ClosedCloses 7 Feb 2024
Contract value in context
£61ktotal contract value
median £150k
this tender£0£4.7m

This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

We require an authorised Supplier to provide us with an actuarial valuation of the pension scheme as at 31 March 2024 in line with International Accounting Standard 19.

This is a requirement for the Annual Report & Accounts (ARA).

Mercer are the SLC pension scheme administrators.

The scheme is closed to new entrants and SLC transferred active members into the Civil Service Pension Scheme in 2020.

Deferred members were due to transfer in October 2023 but this has been paused due to a legal case impacting UK pension schemes.

Until this is resolved, there is a requirement for Mercer to provide this information for the ARA.

Key requirements

What the supplier must deliver

01

We require an authorised Supplier to provide

We require an authorised Supplier to provide us with an actuarial valuation of the pension scheme as at 31 March 2024 in line with International Accounting Standard 19.

02

Until this is resolved, there is

Until this is resolved, there is a requirement for Mercer to provide this information for the ARA.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
688466b5-4e21-42b5-8881-c4aade833042
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
2024-TR-0016
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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