Provision of Actuarial Services - BRD/27647

Description

This RFT seeks quotations from suitably qualified supplier(s) to supply Actuarial Services

Overview

Project goals

This Request for Quote (RFQ) is issued by the Crown in right of the State of New South Wales acting through the NSW Department of Customer Service (DCS) (the Principal).

This RFT BRD/27647 seeks quotations from suitably qualified supplier(s) to supply to the Principal the Goods/Services described in the Statement of Requirements (Attachment 1) in these RFT Conditions and Statement of Requirements.

Long Service Corporation is part of DCS, which supports sustainable government finances, major public works and maintenance programs, government procurement, information and communications technology, corporate and shared services, consumer protection, administration of State taxation and revenue collection, and NSW land and property administration.  

DCS is comprised of several entities, divisions and business units:

·     Divisions include: Office of the Secretary, Fair Trading, Corporate Services, Digital NSW, Revenue NSW, Customer, Delivery and Transformation, Service NSW and State Insurance Regulatory Authority.

·     Entities include: Greyhound Welfare and Integrity Commission, Independent Pricing & Regulatory Tribunal, Information and Privacy Commission, Workers Compensation Commission and Workers Compensation Independent Review Officer.

Scope

The Long Service Corporation is a statutory authority in New South Wales that administers portable long service schemes for specific transient industries in NSW. The Corporation was reconstituted in 2010 by the Long Service Corporation Act 2010, to enable it to administer two schemes under the Building and Construction Industry Long Service Payments Act 1986 and the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010.

The Corporation earns its revenue to fund the schemes through:

·       a 0.25 percent levy on the cost of prescribed building and construction work in New South Wales;

·       an employer levy of 1% of the ordinary wages of contract cleaning industry workers in NSW;

·       investment earnings on scheme funds.

Related files

• BRD27647 - Part A RFT Conditions.pdf (388 KB)
• BRD27647 - Statement of Work.pdf (187 KB)
• BRD27647 - Pricing Template.xlsx (47 KB)
• BRD27647 - Addendum (1).pdf (58 KB)
• pmss_agreement_details_full.pdf (143 KB)
• P-and-MS-Scheme-Rules_July-2024-Updated.pdf (792 KB)
• BRD27647 - Addendum (2).pdf (56 KB)
• BRD27647 - Part B RFT Returnable Schedules v.2.docx (141 KB)

Requirements

Mandatory requirements

There are no mandatory requirements for this opportunity.

Opportunity requirements

Evaluation

Weighting

The evaluation weighting is an estimate and is subject to change.

Price

40%

Non price

60%

Terms and conditions

Global terms and conditions

• buy NSW Tenders Terms and Conditions (210 KB)

Notices

No notices have been posted for this opportunity.