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Economic & Climate Scenario Generator Service

Government Actuary's Department

Confirmed tender
services

Key details

Contracting authority
Government Actuary's Department
Public authority - central government
Region
London
Delivery: United Kingdom, United Kingdom
Contract value
£450,000ex VAT
£540,000 inc VAT
Deadline
30 September 2025
Published
15 September 2025

Procurement

Contract period
1 March 2026 - 31 March 2029
3 years
Possible extension to 1 April 2031 · 5 years, 1 month in total
CPV classifications
  • 79311400 Economic research services

What happened

The contract runs until 31 Mar 2029.

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.

How to engage

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 6pm on 30th September 2025. The tender is planned to be launched in early November 2025.

Contact

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

Bid documents

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Identifiers

Buyer reference
P11855
Notice ID
056634-2025
OCID
ocds-h6vhtk-059a76

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External ID: fts-ocds-h6vhtk-059a76 • Added 6 August 2026