IFRS 17 Solution
Buyer: Flood Re →
What is being bought
Provision of a solution to meet the IFRS 17 requirements (from both an Actuarial and Finance perspectives): IFRS 17 parametrization, fulfilment cashflows, loss & loss recovery component calculations, discount rates, financial accounting ledger postings, production of financial statements and disclosures.
Categories
Comparable-procurement analytics
Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Financial management consultancy services (79412000); 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 set | Procedures | Reported bids per procedure | Named award suppliers | Price evidence |
|---|---|---|---|---|
| Market: CPV division 79 | 13,740 | 4 median · 30.9 average (5,804 of 13,740 with a bid count) | 3.2 average (6,508 of 13,740 with named award suppliers) | 1 comparable price pairs |
| Same buyer | 1 | Not published | Not published | 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
Planning & early market engagement
No planning milestones published.
Related procurements
No linked framework, prior procurement or reprocurement published.
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.
| OCID | ocds-h6vhtk-02f8d3 |
|---|---|
| Latest release ID | 030369-2021 |
| Latest release timestamp | Tue Dec 07 2021 14:15:02 GMT+0000 (Coordinated Universal Time) |
| Source | find-a-tender |
| Official notice URL | Not published |
| Tender status | Not published |
| Procurement method | Not published |
| Procurement method details | Not published |
| Main procurement category | services |
| Above threshold | Not published |
| Legal basis | 32014L0024 |
| Tender period: start | Not published |
| Tender period: end | Not published |
| Expression of interest deadline | Not published |
| Enquiry deadline | Not published |
| Award period: start | Not published |
| Award period: end | Not published |
| Submission method details | Not published |
| Submission languages | Not published |
| Electronic catalogue policy | Not published |
| Total tender value | Not published |
| Tender lots in source | 0 |
| Tender items in source | 0 |
| Tender documents in source | 0 |
| Awards in latest release | 0 |
| Contracts in latest release | 0 |
| Parties in latest release | 1 |
Notice history
| Date | Event | Reference |
|---|---|---|
| 7 Dec 2021 | tenderUpdate | 030369-2021 |
| 22 Nov 2021 | tender | 029028-2021 |
All source data
Unmodified official OCDS data retained by Tenderline for this procurement process.
Complete current OCDS release JSON
{
"id": "030369-2021",
"tag": [
"tenderUpdate"
],
"date": "2021-12-07T14:15:02Z",
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"title": "IFRS 17 Solution",
"amendments": [
{
"id": "1",
"description": "Amendment to Contract Notice\nSection II.I.6 (Information about Lots):\nThe Authority Flood Re has decided to delete the note ‘Tenders may be submitted for one lot only’. This means that bidders will be allowed to bid for both Lots."
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"address": {
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"postalCode": "EC4N 7BE",
"countryName": "United Kingdom",
"streetAddress": "75 King William Street"
},
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"language": "en",
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}Complete JSON history (2 releases)
7 Dec 2021 · 030369-2021 · tenderUpdate
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"language": "en",
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}22 Nov 2021 · 029028-2021 · tender
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"description": "(MT Ref:224550)",
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