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In deliveryIrelandServices€761,500Add to pipeline

Pension Scheme Administration, Actuarial and Consultancy Services

Awarded to Willis Towers Watson_33828

Commission for Regulation of Utilities(buyer)

Published
Published 2 April 2025
Deadline
Closed 2 May 2025

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Overview

The Commission for Regulation of Utilities procured pension scheme administration, actuarial, and consultancy services for the CER Pension Scheme, including scheme administration, actuarial advice, and investment consulting support. The contract was awarded to Willis Towers Watson on 26 May 2025 for a value of €761,500.

Contracting authority

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What this covers

  • Pension Scheme Administration, Actuarial and Consultancy Services

    In summary, the Services comprise Pension Scheme Administration, Actuarial and Consultancy Services to work with the Trustees of the CER Pension Scheme and CRU as the Sponsoring Employer to provide scheme administration and advice, support on a broad range of actuarial matters including investment consulting services.

    €761,500Won by Willis Towers Watson_33828

Key details

Country
Ireland
Status
In delivery
Category
Services
Estimated value
€761,500
Procedure
open
Rules
Directive 2014/24/EU
Published
2 April 2025
Deadline
Closed
Classification (CPV)
Pension investment servicesPension fund management servicesPension servicesIndividual pension servicesGroup pension servicesPension fund consultancy servicesPension fund administration servicesGovernment employee pension schemes

Award outcome

Awarded value
€761,500
Award date
26 May 2025
Contract period
— → 16 May 2027
Bids received
2
Winner
  • Willis Towers Watson_33828

This contract ends on 16 May 2027.

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About the winner

Willis Towers Watson_33828

Based in
Dublin 4

No other contract from Commission for Regulation of Utilities under this supplier name in Skim's records.

See every contract Willis Towers Watson_33828 holds and when each one ends

Competition and scoring

Bids received

2

Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 16% received only one.

How bids were scored

Price 30% · Quality 70%

  • Cost @ 30%30%
  • A1. Quality of Approach to Service Delivery @ 15%15%
  • A2. Understanding of Brief @ 20%20%
  • A3. Technical Merit of Proposed Resources @ 30%30%
  • A4. Proposals for Decarbonisation of Business Operations as part of service delivery @ 5%5%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

€200,000

Median of 122 awards in the last 24 months

This award is 3.8× the median.

Commission for Regulation of Utilities in the last 12 months

38

contracts awarded, worth €23,544,991 in total

See their procurement profile →

Notice history

Every published notice in this contracting process, newest first.

  1. Contract Award Notice

    25 September 2025

  2. Contract Notice

    2 April 2025

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