Decision Maker: Corporate Director of Strategic Resources
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Corporate Director Strategic Resources has
approved the procurement of Pensions Actuarial Services. The
objective of the procurement is to appoint an actuarial for the
North Yorkshire Pension Fund.
The value of the contract is estimated to be £700,000.
The duration of the contract is estimated to be 7 years with options to extend included.
*PLEASE NOTE This decision was originally
published on or near the date of the decision and so call in no
longer applies. It has been re-published as part of the change in
committee management system that we use.*
The North Yorkshire Pension fund intends to procure a provider to administer pensions actuarial services. The actuary will provide a key services to the pension fund and will help determine contribution rates to ensure the scheme is not in a deficit.
The key decision process applies as this contract is above 500k.
Additional options have not been considered
– this is an above OJEU level contract and requires
procurement in line with the Public Contract Regulations
Publication date: 21/04/2021
Date of decision: 03/04/2020