Awarded contract

CS1039 C - ACS Risk Methodology

Details

Value
£65,787
Duration
6 months
Topic
Actuarial services
Published
8 October 2026

Tender description

The PPF are seeking to review the methodology used to calculate levies for Alternative Covenant Schemes (ACSs). This will be a two-stage process, namely: 1. an interim review to determine appropriate changes for levy year 2027/28, particularly in light of the introduction of indexation on PPF compensation tranches which relate to pre 97 service (‘pre 97 indexation’); and 2. a more fundamental review to determine the approach for levy year 2028/29 onwards. ## Contract award

Timeline

  1. Completed: Award published8 October 2026
    Current notice
  2. Completed: Award date8 October 2026
  3. Next: Contract expiry date31 March 2027in 5 months

About the buyer

The Pension Protection Fund protects members of defined benefit pension schemes across the UK, and buys as a central organisation. Public sector framework agreements are used where appropriate for goods and services. Contracts follow standard terms made up of an order form and core terms, with addendums covering information security, modern slavery and data protection. Nine specialist panels and frameworks support its assessment work, from legal to audit and actuarial services.

Over the past 5 years, most of the Pension Protection Fund's contract awards have been in IT services, business services and software and information systems.

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