Economic Scenario Generator Service
Government Actuary's Department · Central government
In brief
Government Actuary's Department awarded marketing work to Ortec Finance Limited and Barnett Waddingham LLP on 8 April 2026.
The notice gives a value of £575,000 excluding VAT.
The contract runs for 3 years, up to 5 years with extensions, starting 9 March 2026.
It is split into 2 lots, so a supplier can bid for part of the work.
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.
What the notice says
Lots
| Lot | Trade | Value |
|---|---|---|
| Economic Scenario Generator Service 9 March 2026 to 8 March 2029 What this lot coversThe Authority wishes to procure ESG data to use in its proprietary and third party models to project asset and liability outcomes. This analysis will support the Authority's work in applying actuarial services to the public sector. Such economic scenarios should include all the main institutional investment asset classes and the UK's main inflation indices. Optionality to include further data types is sought, such as further asset classes and other economic variables. The above economic scenarios must be provided at 31 March and 31 December each year, with optionality to include other quarter end or month end dates. | Marketing and communications | £325,000 |
| Climate Scenario Service 9 March 2026 to 8 March 2029 What this lot coversThe Authority also seeks to procure climate scenarios. The climate scenarios must be provided annually at the end of each financial year, but the supplier should set out how additional climate scenario provision could be made, for the Authority to consider if this adds value to its proposition. | Marketing and communications | £250,000 |
Who won
| Winner | Lot | Value | Dates |
|---|---|---|---|
| Ortec Finance Limited | Climate Scenario Service | £345,094 | 9 April 2026 to 8 April 2029 |
| Barnett Waddingham LLP | Economic Scenario Generator Service | £290,000 | 9 March 2026 to 8 March 2029 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Planned procurement notice · UK3, notice 081171-2025
- Tender notice · UK4, notice 082610-2025
- Tender notice · UK4, notice 085417-2025
- Tender notice · UK4, notice 000081-2026
- Contract details notice · UK7, notice 032845-2026
About the buyer
Procurements
12Awards
9Suppliers it has used most for marketing
- Barnett Waddingham LLP1 contract
- Civic Computing Limited1 contract
- Ortec Finance Limited1 contract
Similar open tenders
All open marketing tenders- £50kestimated
- Value not stated
- £60kestimated
- £540kestimated
- £817kframework ceiling
From notice 081171-2025 on Find a Tender, first published 9 December 2025, last updated 10 April 2026. We last checked for changes on 28 September 2026.