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Planned procurement · Notice 102286-2026

Actuarial Benefits and Governance Services

London Borough of Lambeth

Value
£800k
Stage
Early notice
Where
London
Lots
1
Suitable for SMEs
Yes, says the buyer
Contract
1 Apr 2027 – 1 Apr 2037

In plain English

London Borough of Lambeth wants a qualified actuarial services provider for its Pension Fund, covering triennial valuations, employer contribution rates, accounting reports, governance and regulatory advice, and risk modelling. The estimated value is £800,000 over a contract period running from 1 April 2027 to 31 March 2037, in a single lot.

Good fit for: Actuarial and pensions consultancy firms experienced in local government pension fund work.

The catch (with the notice's own words):
  • Must be a qualified actuarial provider The Council requires a qualified actuarial services provider to deliver

Written with AI from the official notice. Check the notice before relying on it.

What the buyer says

The Council requires a qualified actuarial services provider to deliver: • Triennial actuarial valuations of the Pension Fund • Employer contribution rate calculations • Accounting reports (IAS19 / FRS102) • Governance and regulatory advice • Support with funding strategy statements • Risk modelling and scenario analysis • Guidance on legislative and regulatory changes • Ad hoc calculations and provision of template documentation

What happens next

This is an early notice: the buyer is planning a tender, and its documents come when the tender is published. The notice gives the buyer's team as corporatecontractmanagement@lambeth.gov.uk. Read the official notice for the details.

Procedure: not stated. Published 28 Oct 2026.

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