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The Government Actuary's Department (GAD) is a non-ministerial department and Arm's Length Body of His Majesty's Treasury. GAD provides actuarial solutions, including financial risk analysis, modelling and advice, to support the UK public sector. GAD works with a wide range of government departments, public bodies and other organisations, providing impartial actuarial expertise to assist effective decision-making and management of financial risk. GAD is undertaking preliminary market engagement in relation to an actuarial valuation software solution. GAD currently utilises a third-party software platform to support the delivery of actuarial valuation, modelling and pension scheme analysis services across a range of public sector clients. The existing contract runs to February 2028, and GAD is commencing early market engagement to better understand available solutions, market capability, implementation approaches and emerging innovations. The Authority is interested in engaging with suppliers that can provide an off-the-shelf software solution and associated services capable of supporting actuarial valuation and modelling activities, including (but not limited to): • Pension scheme
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