Economic Scenario Generator Service
Estimated value
—
Awarded value
—
Suppliers
2
Lots
2
Published
10 Apr 2026
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.
Scope
- Reference
- P11855
- Commercial tool
- Standalone contract
- Contract dates
- 09 Mar 2026 to 08 Mar 2029Possible extension to 08 Mar 2031
2 x 12 month extensions available
- CPV classifications
- 79311400
- Contract locations
- UK, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Technical Questionnaire | Please see attached Bid documents | quality | — |
Submission & procedure
- Procedure
- Competitive flexible procedure
Award details· 2 awards
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
—
Award date
—
Contract start
—
Contract end
—
Lots · 2 total
Divisions of the contract. Each lot can be awarded separately.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | Economic Scenario Generator Service | £325k | complete |
| 2 | Climate Scenario Service | £250k | complete |
Award 1· 1 supplier
Awarded —
Award 2· 1 supplier
Awarded —
Total lots
2
Awarded
2
Estimated total
£575k
Awarded total
—
Economic Scenario Generator Service
Start
09 Mar 2026
End
08 Mar 2029
Estimated
£325k
CPV
Climate Scenario Service
Start
09 Mar 2026
End
08 Mar 2029
Estimated
£250k
CPV
Other contracts from Government Actuary's Department
Full notice and award history for this contracting authority is on the buyer profile.
Other contracts awarded to Ortec Finance · 8
Cross-buyer view of this supplier's public-sector wins.
| Title | Type | Value | Published |
|---|---|---|---|
| Asset Liability Management Model | contract | — | 10 Mar 2026 |
| Asset Liability Management Model | contract | — | 03 Nov 2025 |
| Climate Scenario Data | contract | — | 26 Mar 2025 |
| Climate Scenario Data | contract | — | 12 Mar 2025 |
| ClimateMAPS Delivery Agreement | contract | £80k | 14 Oct 2024 |
| Investment Performance and Reporting Services - under the National LGPS Framework for Investment Performance and Cost Monitoring and Reporting Services Primarily in Support of the Local Government Pension Scheme (LGPS) (NCCT41217) | contract | £120k | 14 Apr 2022 |
| Economic Scenario Model | contract | — | 10 Mar 2022 |
| Economic Scenario Model (ESM) | contract | £1.5m | 10 Mar 2022 |