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PROCUREMENT OPPORTUNITY

Climate Scenario Data

Government Actuary's Department · Tender notice on Find a Tender

Tender information last checkedLast checked 29 Sept 2026, 22:36.

Opportunity overview

The contracting authority is looking to procure a set of climate scenarios that articulate the impact of climate change on the assumptions that it makes as part of it's actuarial advice work. The climate scenarios will articulate adjustments to financial assumptions - including asset returns (such as returns on equities or bonds), inflation indices (e.g. CPI and wages) and economic variable (e.g. GDP etc). The data will include a range of climate scenarios - for example under different levels of global warming or different speeds of policy response.

Classification

  • CPV72319000 — Data supply services

Lots

  • Lot 1£65k

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
2025/S 000-008368
Status
unsuccessful
Above Threshold
No
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Below threshold - open competition

Legal basis

Id
2023/54
Scheme
UKPGA

Tender Period

Ends
10 Mar 2025, 23:59

Submission terms

Electronic Submission Policy
notAllowed

Lots and requirements

Entry 1
Id
1
Status
unsuccessful
Has Renewal
Yes

Value

Amount
65,000
Currency
GBP
Including VAT
78,000

Renewal

Description
1 x 12 month extension option

Award criteria

Description
Suppliers will be reviewed for best fit against the following criteria: Range of climate scenarios available Asset classes covered within data and level of granularity i.e. IG and HY corporate bonds, equity regions and indices, EM and DM sovereigns etc Macroeconomic assumptions available i.e. GDP, inflation, interest rates, government bond yields Level of country and sector disaggregation available within data Data sources for scenarios i.e. NGFS, Shared Socioeconomic Pathways, GTAP, MAGICC climate model etc Level of support available in using assumptions? i.e. model methodology documents, access to support for questions on data etc Compatibility with Moody's Economic Scenario data (which we currently receive via an alternative contract) Any restrictions on our use of data i.e. can we use the data in providing advice to clients, in public blogs etc Cost of offering (one off data provision)

Contract period

Ends
23 Mar 2026, 23:59
Starts
24 Mar 2025, 00:00
Max Extent Date
23 Mar 2027, 23:59

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
72319000
Scheme
CPV
Description
Data supply services

Published documents

Entry 1
Id
008368-2025
Format
text/html
Notice Type
UK4
Description
Tender notice on Find a Tender
Document Type
tenderNotice
Published
7 Mar 2025, 14:29
Entry 2
Id
008962-2025
Format
text/html
Notice Type
UK5
Description
Transparency notice on Find a Tender
Document Type
awardNotice
Published
12 Mar 2025, 12:32

Buyer, suppliers and contacts

Organisation 1
Id
GB-PPON-PJVY-9952-JQGR
Name
Government Actuary's Department

Roles

buyer

Address

Region
UKI42
Country
GB
Locality
London
Postal Code
E14 4PU
Country Name
United Kingdom
Street Address
6th Floor, 10 South Colonnade

Details

Classifications

Entry 1
Id
publicAuthorityCentralGovernment
Scheme
UK_CA_TYPE
Description
Public authority - central government

Identifier

Id
PJVY-9952-JQGR
Scheme
GB-PPON

Contact

Recorded locations

  • Buyer location · London · UKI42 · E14 4PU · United Kingdom
  • Delivery location · UK · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-04ea92-2025-03-12T12:32:55ZTender notice on Find a Tender ·