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Provision of Economic & Climate Scenario Data, and ALM Software

Government Actuary's Department

Awarded
services
SME-friendly
VCSE-friendly
2 lots

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Government Actuary's Department, and hundreds more across the UK public sector.

Key details

Contracting authority
Government Actuary's Department
Public authority - central government
Region
London
Delivery: United Kingdom, United Kingdom
Contract value
£575,000ex VAT
£690,000 inc VAT
Submissions closed
25 January 2026
Published
9 December 2025

Procurement

Contract period
9 March 2026 - 8 March 2029
3 years
Possible extension to 9 March 2031 · 5 years in total
Procedure type
Competitive flexible procedure
CPV classifications
  • 79311400 Economic research services

What happened

Government Actuary's Department awarded this contract to Ortec Finance on 8 Apr 2026. The contract runs until 8 Mar 2029.

Description

The Authority is seeking a partner(s) to deliver an economic scenario generator service and a climate scenario service, with an optional call-off asset liability modelling software service.

Full description

The Authority wishes to procure ESG data to use in its proprietary and third party models to project asset and liability outcomes. This analysis will support the Authority’s work in applying actuarial services to the public sector.

Such economic scenarios should include all the main institutional investment asset classes and the UK’s main inflation indices. Optionality to include further data types is sought, such as further asset classes and other economic variables.

The above economic scenarios must be provided at 31 March and 31 December each year, with optionality to include other quarter end or month end dates.

Awarded supplier

Supplier
Ortec Finance
Award date
8 April 2026

Contact

Address
6th Floor, 10 South Colonnade, London, E14 4PU

Identifiers

Buyer reference
P11855
Notice ID
081171-2025
OCID
ocds-h6vhtk-05f214

Explore related tenders

External ID: fts-ocds-h6vhtk-05f214 • Added 6 August 2026