Upcoming
Actuarial Benefits and Governance Services
London Borough of Lambeth · Local authority
In brief
London Borough of Lambeth has announced plans to buy financial services work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.
The estimated value is £800,000 excluding VAT.
The contract runs for 10 years, starting 1 April 2027.
The buyer says it is suitable for small and medium-sized businesses.
Built from the notice's own fields. Always check the official notice before you bid.
Can I win this?
Competition
Usually high: a median of 30 bids per contract for this buyer (from 24 awards in the last 12 months).
What the notice says
The Council requires a qualified actuarial services provider to deliver:
•
Triennial actuarial valuations of the Pension Fund
•
Employer contribution rate calculations
•
Accounting reports (IAS19 / FRS102)
•
Governance and regulatory advice
•
Support with funding strategy statements
•
Risk modelling and scenario analysis
•
Guidance on legislative and regulatory changes
•
Ad hoc calculations and provision of template documentation
How to bid
- Read the full notice on Find a Tender, including any tender documents it links to.
- Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
- Follow the submission instructions in the notice; it does not name an e-tendering portal.
Timeline
- Pipeline notice · UK1, notice 099635-2026
- Pipeline notice · UK1, notice 102286-2026
About the buyer
London Borough of LambethLast 12 months
Procurements
33Awards
11Similar open tenders
All open financial services tenders- £104mestimated
- £20mestimated
- £567kestimated
- £960kestimated
- £6.88mestimated
From notice 099635-2026 on Find a Tender, first published 21 October 2026, last updated 28 October 2026. We last checked for changes on 28 October 2026.