Find a TenderPast planning noticePreliminary market engagement notice
Published 15 Sept 2025, 15:28 BST

Official UK procurement notice

Economic & Climate Scenario Generator Service

Official notice

Authority: Government Actuary's Department (Central government)

ServicesAbove threshold
Planned pipeline value£450,000pipeline notice, not a live tender
Tender notice expected 3 Nov 2025from the planned procurement notice
Contract term 3 yrs 1 moends 31 Mar 2029 · up to 31 Mar 2031 with extensions · starts 1 Mar 2026

What is being bought

Published requirement description

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.

CPV: Economic research services

The lotProcurement structure

single lot · no lot value published
Lot #1PlannedRenewal 3 yrs 1 mo
Contract period: 1 Mar 2026 – 31 Mar 2029 (3 yrs 1 mo) · up to 31 Mar 2031 with extensions
Delivery: UK
Extensions: Extension options published

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Past planning notice
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
15 Sept 2025, 15:28 BST
Last source update
15 Sept 2025, 15:38 BST
Authority reference
P11855
FTS notice number
2025/S 000-056642
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Economic research services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-059a76 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

15 Sept 2025 → 1 Mar 2026 · 4 dates
  1. Planning notice published
    15 Sept 2025, 15:28 BST
  2. Market engagement392 days ago
    30 Sept 2025, 23:59 BST

    Suppliers are asked to submit any initial questions on the procurement's scope and content, and to provide their expressions of interest to participate in the tender stage, by 30th September 2025.

    The tender is planned to be launched in early November 2025.

  3. Tender notice expected358 days ago
    3 Nov 2025, 23:59 GMT
  4. Contract starts241 days ago
    1 Mar 2026

Notice history

2 events · 2 releases on Find a Tender · since 15 Sept 2025
  1. Preliminary market engagement notice published
    15 Sept 2025, 15:28 BST
    UK2
  2. Preliminary market engagement notice published
    15 Sept 2025, 15:38 BST
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

Government Actuary's Department

Contracting authorityPublic authority - central government GB-PPON: PJVY-9952-JQGR 6th Floor, 10 South Colonnade, London, London, E14 4PUContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure