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PROCUREMENT OPPORTUNITY

BTA2116 - US Pension Scheme Actuarial Services

British Tourist Authority t/a VisitBritain/VisitEngland · compiled

Tender information last checkedLast checked 30 Sept 2026, 10:24.

Opportunity overview

Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Mercer

Match processing…
Contract value
£408k
Awarded
Not supplied
Contract signed
23 Sept 2025
Award ID
062346-2025-1
Status
active
Location
Princeton, NJ, US, 08540, United States

Classification

  • CPV66523100 — Pension fund administration services
  • CPV66519600 — Actuarial services

Lots

  • Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States. Services include:<br/>Regular actuarial services.<br/>Understanding of IAS 19 (International Accounting Standard 19) requirements and annual reporting. <br/>Financial accounting valuation under IAS19.<br/>Funding valuations including required triennial valuations.<br/>Identify risk, issues and mitigations in relation to the existing or future US pension arrangements.Value not stated

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
BTA2116
Status
complete
Procurement Method
limited
Main Procurement Category
services
Procurement Method Details
Award procedure without prior publication of a call for competition
Why this procedure was chosen
This contract has been awarded using the framework OJEU Contract Award Notice 077-1122 OET AEC's the "Omni CPV NVMSP Framework established by Agri-EPI Centre Limited.

Covered By

GPA

Legal basis

Id
32014L0024
Scheme
CELEX

Classification

Id
66523100
Scheme
CPV
Description
Pension fund administration services

Procedure reasons

Entry 1
Id
D_OUTSIDE_SCOPE
Scheme
TED_PT_AWARD_CONTRACT_WITHOUT_CALL
Description
The procurement falls outside the scope of application of the directive

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
No
Description
Administration and Actuarial Services for the Group Pension Plan for Employees of VisitBritain based in the United States. Services include:<br/>Regular actuarial services.<br/>Understanding of IAS 19 (International Accounting Standard 19) requirements and annual reporting. <br/>Financial accounting valuation under IAS19.<br/>Funding valuations including required triennial valuations.<br/>Identify risk, issues and mitigations in relation to the existing or future US pension arrangements.

Award criteria

Criteria

Criterion 1
Type
price

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery Location

Description
United States of America

Delivery locations

Entry 1
Region
UKG3

Additional Classifications

Entry 1
Id
66519600
Scheme
CPV
Description
Actuarial services

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-148655
Name
British Tourist Authority t/a VisitBritain/VisitEngland

Roles

buyer
reviewBody
mediationBody
reviewContactPoint

Address

Region
UKG31
Locality
Birmingham
Postal Code
B2 4AJ
Country Name
United Kingdom
Street Address
Victoria Square House, Victoria Square

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Scheme
COFOG
Description
Tourism

Identifier

Legal Name
British Tourist Authority t/a VisitBritain/VisitEngland

Contact

Name
Procurement Team

Additional Contact Points

Entry 1
Organisation 2
Id
GB-FTS-163020
Name
Mercer

Roles

supplier

Address

Region
US
Locality
Princeton, NJ
Postal Code
08540
Country Name
United States
Street Address
One University Square Drive, Suite 100

Details

Scale
large

Identifier

Legal Name
Mercer

Award information

Award 1
Id
062346-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-FTS-163020
Name
Mercer

Related lots

1

Contracts and changes

Entry 1
Id
062346-2025-1
Status
active
Award ID
062346-2025-1
Date Signed
24 Sept 2025, 00:00

Value

Amount
408,000
Currency
GBP

Recorded locations

  • Buyer location · Birmingham · UKG31 · B2 4AJ · United Kingdom
  • Delivery location · UKG3

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-05a85b-2025-10-03T20:09:44+01:00compiled ·