BTA2116 - US Pension Scheme Actuarial Services

VisitBritain / VisitEngland (British Tourist Authority)
West Midlands

Provision of ongoing actuarial and administration services for a US-based group pension plan. The scope includes annual financial accounting valuations under IAS 19 standards, triennial funding valuations, and the identification of risks and mitigation strategies for existing and future US pension arrangements.

Open the official notice

Awarded value: £408k; As published
Published: 3 October 2025
Awarded: 24 September 2025; Mercer
Contract length: Not stated

What the contract covers

Service contract

Provision of actuarial and pension administration services for international group pension plans, including financial reporting and triennial funding valuations.

Administration services for the Group Pension Plan for Employees of VisitBritain based in the United States
Regular actuarial services
Understanding of IAS 19 requirements and annual reporting
Financial accounting valuation under IAS 19
Funding valuations including required triennial valuations
Identify risks, issues and mitigations in relation to existing or future US pension arrangements

Terms and requirements

Contract type: Service contract
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
Category: Services
CPV codes: 66523100, 66519600

Services in this contract

Actuarial and pensions consultancyMain service£100k typicalActuarial services and IAS 19 valuations for US group pension plan
Pension scheme administration£275k typicalAdministration of the US group pension plan

Lifecycle

Published
3 October 2025
Contract awardedto Mercer
24 September 2025
Contract starts
Contract endsEnd date not published

The buyer

VisitBritain / VisitEngland (British Tourist Authority)

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Contact details

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Email: Locked
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The supplier

Mercer

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Value won, 24 months: Locked
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Main buyers

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Cite this contract

Link: https://bidskim.com/tender/1008554/bta2116-us-pension-scheme-actuarial-services
Buyer reference: BTA2116
Last checked: 5 November 2026

VisitBritain / VisitEngland (British Tourist Authority). BTA2116 - US Pension Scheme Actuarial Services. Contract award, 3 October 2025. BidSkim, https://bidskim.com/tender/1008554/bta2116-us-pension-scheme-actuarial-services (accessed 5 November 2026).