Provision of Actuarial Services for the Sponsoring Employer of the UoDSS Pension Scheme
University of DundeeEstimated Value
Not specified
Deadline
23 September 2026
28 days remaining
Published
24 August 2026
Type
services
Overview
The University wishes to appoint an independent, professionally qualified actuarial adviser to support it as sponsoring employer through the forthcoming valuation process.
AI Analysis
Powered by AI — always verify against official documents
The university is looking to hire an independent, professionally qualified actuarial adviser to help it as the sponsoring employer with the upcoming pension scheme valuation.
Requirements
- Independent actuarial adviser
- Professionally qualified (e.g., Fellowship of the Institute and Faculty of Actuaries)
- Ability to act as adviser to the sponsoring employer during the valuation process
Key Tasks & Deliverables
- Provide expert actuarial advice to the university as sponsoring employer
- Conduct or oversee the valuation of the UoDSS pension scheme
- Prepare a detailed valuation report and funding strategy
- Liaise with scheme trustees, trustees’ advisers and regulators
- Ensure compliance with UK pension legislation and reporting standards
How to Read This Tender
- 1Look for the sections titled ‘Scope of Work’ and ‘Deliverables’ – they will spell out exactly what the university expects from the adviser.
- 2Check the eligibility criteria for ‘independent’ and ‘professionally qualified’ – you’ll need proof of actuarial qualifications and evidence of no conflict of interest.
- 3Pay attention to any timelines or milestones for the valuation; missing a deadline can be a disqualifier.
- 4Review the evaluation criteria (price vs. expertise) if provided – it tells you whether the contract is value‑driven or skill‑driven.
- 5Note any required documentation (e.g., CVs, professional memberships, previous pension valuation case studies) that must be submitted with your bid.
Tips for Small Businesses
- Partner with a larger actuarial consultancy to meet the ‘independent’ requirement while still showcasing your niche expertise.
- Highlight any social value contributions, such as supporting local pension scheme members or offering pro‑bono advice to community groups.
- If the contract value is high, consider forming a consortium with other SMEs to share risk and resources.
Before you bid, buyers check
two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
Actions
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How to Apply
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Useful Resources
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Buyer Profile
University of DundeeKey Dates
Published
24 August 2026
Submission deadline
23 September 2026
Notice type
tender
Source
find a tender
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