Issue details

The current contract for actuarial services to the Barnet Pension Fund commenced on 10 April 2016 and is due to expire on 31 December 2020 (no further contract extension is permitted). In order to ensure continuity of service provision, it is therefore necessary to run a competitive tender exercise to re-procure the service. This report sets out how this will be undertaken whilst managing the risks of business interruption due to the COVID91 pandemic by delegating powers to officers to proceed with the procurement process.