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Closed ATM View - FIN15GaRM3188

Actuarial Services Tender Process

Contact Details

ActuarialRFT2015@finance.gov.au

Phone:
0

Email Address:
ActuarialRFT2015@finance.gov.au

ATM ID:

FIN15GaRM3188

Agency:

Department of Finance

Category:

84100000 - Development finance

Close Date & Time:

19-Oct-2015 4:00 pm (ACT Local Time)
Show close time for other time zones

Publish Date:

22-Sep-2015

Location:

ACT, NSW, VIC, SA, WA, QLD, NT, TAS
Canberra, Sydney, Melbourne, Adelaide, Perth, Brisbane, Darwin, Hobart

ATM Type:

Request for Tender

Multi Agency Access:

Yes

Multi Agency Access Type:

All Agencies

Panel Arrangement:

Yes

Description:

Finance requires actuarial services for the management of:

the Australian Government’s civilian Defined Benefit superannuation schemes (PSS and CSS);
Judicial superannuation schemes (for current and former Governors?General, Federal Judges and Federal Circuit Court Judges);
Parliamentary superannuation schemes; and
the Future Fund.

Similarly, the Department of Defence (Defence) requires actuarial services for the management of the Military superannuation scheme.

Finance plan to establish service contracts for the four items and also will establish an actuarial services panel. This will mimic current arrangements, with the exception that the actuarial services panel will not have a limit on the per task cost (currently $80,000). The limit was originally in place to control the use of the actuarial services panel which has unnecessarily inhibited the use of the panel.

Other Instructions:

Details of requirements are included in the Request For Tender.

Information for the existing arrangement of the actuarial services panel can be found on Finance website: http://www.finance.gov.au/procurement/wog-procurement/Australian-Government-Actuarial-Services-Panel.html

Conditions for Participation:

Finance will exclude a Tender from further consideration if at any time before a contract is executed Finance considers that the Tenderer does not meet the following conditions for participation:

The Tenderer exists as a legal entity at the Closing Time.

Timeframe for Delivery:

1 January 2016

Address for Lodgement:

Electronic lodgement of tender responses via AusTender www.tenders.gov.au

Contact Details

ActuarialRFT2015@finance.gov.au

Phone: 0

Email Address: ActuarialRFT2015@finance.gov.au