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AwardedFind a Tender · award

BTA2116 - US Pension Scheme Actuarial Services

Buyer: British Tourist Authority t/a VisitBritain/VisitEngland →

BuyerBritish Tourist Authority t/a VisitBritain/VisitEngland
StatusAwarded
DeadlineNot published
ValueValue not published
Published3 Oct 2025

What is being bought

Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States.

Delivery location

UKG3

Categories

Actuarial services 66519600Pension fund administration services 66523100

Lot details

Lot 1

Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States. Services include:<br/>Regular actuarial services.<br/>Understanding of IAS 19 (International Accounting Standard 19) requirements and annual reporting. <br/>Financial accounting valuation under IAS19.<br/>Funding valuations including required triennial valuations.<br/>Identify risk, issues and mitigations in relation to the existing or future US pension arrangements.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Actuarial servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Actuarial services (66519600); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,7583 median · 17.2 average (1,185 of 2,758 with a bid count)2.5 average (1,317 of 2,758 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UKG36408 median · 408 average (1 of 6 with a bid count)32 average (1 of 6 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThis contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the "Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

062346-2025-1

Statusactive
SupplierMercer

Contracts

062346-2025-1

Statusactive
Value£408,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-05a85b
Latest release ID062346-2025
Latest release timestampFri Oct 03 2025 19:09:44 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release2

Notice history

DateEventReference
3 Oct 2025award, contract062346-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "062346-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "2",
        "value": 1,
        "measure": "foreignBidsFromNonEU",
        "relatedLot": "1"
      },
      {
        "id": "3",
        "value": 1,
        "measure": "electronicBids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-10-03T20:09:44+01:00",
  "ocid": "ocds-h6vhtk-05a85b",
  "buyer": {
    "id": "GB-FTS-148655",
    "name": "British Tourist Authority t/a VisitBritain/VisitEngland"
  },
  "awards": [
    {
      "id": "062346-2025-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-163020",
          "name": "Mercer"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "BTA2116",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States. Services include:<br/>Regular actuarial services.<br/>Understanding of IAS 19 (International Accounting Standard 19) requirements and annual reporting. <br/>Financial accounting valuation under IAS19.<br/>Funding valuations including required triennial valuations.<br/>Identify risk, issues and mitigations in relation to the existing or future US pension arrangements.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "United States of America"
        },
        "deliveryAddresses": [
          {
            "region": "UKG3"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66519600",
            "scheme": "CPV",
            "description": "Actuarial services"
          }
        ]
      }
    ],
    "title": "BTA2116 - US Pension Scheme Actuarial Services",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States.",
    "classification": {
      "id": "66523100",
      "scheme": "CPV",
      "description": "Pension fund administration services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "This contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the \"Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-148655",
      "name": "British Tourist Authority t/a VisitBritain/VisitEngland",
      "roles": [
        "buyer",
        "reviewBody",
        "mediationBody",
        "reviewContactPoint"
      ],
      "address": {
        "region": "UKG31",
        "locality": "Birmingham",
        "postalCode": "B2 4AJ",
        "countryName": "United Kingdom",
        "streetAddress": "Victoria Square House, Victoria Square"
      },
      "details": {
        "url": "https://www.visitbritain.com/en",
        "buyerProfile": "https://visitbritain.force.com/s/Welcome",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "scheme": "COFOG",
            "description": "Tourism"
          }
        ]
      },
      "identifier": {
        "legalName": "British Tourist Authority t/a VisitBritain/VisitEngland"
      },
      "contactPoint": {
        "name": "Procurement Team",
        "email": "procurement@visitbritain.org"
      },
      "additionalContactPoints": [
        {
          "email": "procurement@visitbritain.org"
        }
      ]
    },
    {
      "id": "GB-FTS-163020",
      "name": "Mercer",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "US",
        "locality": "Princeton, NJ",
        "postalCode": "08540",
        "countryName": "United States",
        "streetAddress": "One University Square Drive, Suite 100"
      },
      "details": {
        "url": "http://www.mercer.com",
        "scale": "large"
      },
      "identifier": {
        "legalName": "Mercer"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "062346-2025-1",
      "value": {
        "amount": 408000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "062346-2025-1",
      "dateSigned": "2025-09-24T00:00:00+01:00"
    }
  ],
  "description": "This contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the \"Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
3 Oct 2025 · 062346-2025 · award, contract
{
  "id": "062346-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "2",
        "value": 1,
        "measure": "foreignBidsFromNonEU",
        "relatedLot": "1"
      },
      {
        "id": "3",
        "value": 1,
        "measure": "electronicBids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-10-03T20:09:44+01:00",
  "ocid": "ocds-h6vhtk-05a85b",
  "buyer": {
    "id": "GB-FTS-148655",
    "name": "British Tourist Authority t/a VisitBritain/VisitEngland"
  },
  "awards": [
    {
      "id": "062346-2025-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-163020",
          "name": "Mercer"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "BTA2116",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States. Services include:<br/>Regular actuarial services.<br/>Understanding of IAS 19 (International Accounting Standard 19) requirements and annual reporting. <br/>Financial accounting valuation under IAS19.<br/>Funding valuations including required triennial valuations.<br/>Identify risk, issues and mitigations in relation to the existing or future US pension arrangements.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "United States of America"
        },
        "deliveryAddresses": [
          {
            "region": "UKG3"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66519600",
            "scheme": "CPV",
            "description": "Actuarial services"
          }
        ]
      }
    ],
    "title": "BTA2116 - US Pension Scheme Actuarial Services",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States.",
    "classification": {
      "id": "66523100",
      "scheme": "CPV",
      "description": "Pension fund administration services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "This contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the \"Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-148655",
      "name": "British Tourist Authority t/a VisitBritain/VisitEngland",
      "roles": [
        "buyer",
        "reviewBody",
        "mediationBody",
        "reviewContactPoint"
      ],
      "address": {
        "region": "UKG31",
        "locality": "Birmingham",
        "postalCode": "B2 4AJ",
        "countryName": "United Kingdom",
        "streetAddress": "Victoria Square House, Victoria Square"
      },
      "details": {
        "url": "https://www.visitbritain.com/en",
        "buyerProfile": "https://visitbritain.force.com/s/Welcome",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "scheme": "COFOG",
            "description": "Tourism"
          }
        ]
      },
      "identifier": {
        "legalName": "British Tourist Authority t/a VisitBritain/VisitEngland"
      },
      "contactPoint": {
        "name": "Procurement Team",
        "email": "procurement@visitbritain.org"
      },
      "additionalContactPoints": [
        {
          "email": "procurement@visitbritain.org"
        }
      ]
    },
    {
      "id": "GB-FTS-163020",
      "name": "Mercer",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "US",
        "locality": "Princeton, NJ",
        "postalCode": "08540",
        "countryName": "United States",
        "streetAddress": "One University Square Drive, Suite 100"
      },
      "details": {
        "url": "http://www.mercer.com",
        "scale": "large"
      },
      "identifier": {
        "legalName": "Mercer"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "062346-2025-1",
      "value": {
        "amount": 408000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "062346-2025-1",
      "dateSigned": "2025-09-24T00:00:00+01:00"
    }
  ],
  "description": "This contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the \"Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.",
  "initiationType": "tender"
}