Award of a contract for the provision of actuarial services to the Gloucestershire Pension Fund

October 2, 2025 Deputy Leader - Finance, Assets & Transformation (Cabinet member) Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to delegate authority to the Deputy Chief Executive and Executive Director of Corporate Resources (S151 Officer) to conduct a mini competition, award a contract, and determine whether to extend the term of the contract for actuarial services to the Gloucestershire Pension Fund.

Full council record

Purpose

To seek agreement of Cabinet Member for Finance, Assets & Transformation to utilise the National Local Government Pension Scheme (LGPS) Framework for the award of a four year contract from 1 April 2026, with an option to extend for a further three years, for the provision of Actuarial Services to the Gloucestershire Pension Fund.

Decision

That the Cabinet Member for Finance Assets & Transformation rejects the alternative options and takes the recommended decision to:

Delegate authority to the Deputy Chief Executive and Executive Director of Corporate Resources (S151 Officer).

For the reasons set out in the report.

Supporting Documents

ICM Decision Statement - Pension.pdf
For Publication - ICM Decision Report Template Oct 24 - Actuarial services to the GPF v1.1 - Copy .pdf

Details

OutcomeFor Determination
Decision date2 Oct 2025
Effective from10 Oct 2025
Subject to call-inYes