RFP QuestBeta
OpenStage · planning

Government Actuary's Department

Economic & Climate Scenario Generator Service

Business ServicesCPV 79311400
Value£450k
Deadline
Published15 Sept 2025
RegionNationwide
Who to contact
GADCommercial@gad.gov.uk

The procurement contact named on the official notice.

Contract value in context
£450ktotal contract value
median £66k
this tender£0£1.6m

This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.

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Government Actuary's Department has published 20 notices across all categories.

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The brief

The Authority seeks a supplier to provide scenario data, beginning with data from Q4 2025/26.

Services should include: - An economic scenario generator (ESG) service, to provide simulations of asset returns, inflation and other economic variables into the future (with up to 50 types of data fields), to be provided at least quarterly. - Climate scenarios, to be used alongside the ESG service, to provide variant projections based on different projected climate change scenarios, to be provided at least annually on 31st March each year. -An optional requirement to provide Asset Liability Modelling (ALM) software.

The software will provide a means to perform analysis with the above economic and climate data, alongside additional liability data.

Bidders can choose whether to include ALM software in their bid, and the Authority reserves the right to refuse the supplier's proposed offering as part of the final contract.

Further detail will be provided in the full tender pack.

Requirements

What the notice asks for

01

The Authority seeks a supplier to provide

The Authority seeks a supplier to provide scenario data, beginning with data from Q4 2025/26.

02

An economic scenario generator (ESG) service,

An economic scenario generator (ESG) service, to provide simulations of asset returns, inflation and other economic variables into the future (with up to 50 types of data fields), to be provided at least quarterly.

03

Climate scenarios, to be used alongside

Climate scenarios, to be used alongside the ESG service, to provide variant projections based on different projected climate change scenarios, to be provided at least annually on 31st March each year.

04

An optional requirement to provide Asset Liability

An optional requirement to provide Asset Liability Modelling (ALM) software.

05

The software will provide a means

The software will provide a means to perform analysis with the above economic and climate data, alongside additional liability data.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
ocds-h6vhtk-059a76
Stage
planning · Planning
Source
Find a Tender
Buyer ref
056634-2025
View the original notice on Find a Tender

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

Market context

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