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Official procurement procedure

2026/27 Pension Fund - Actuarial Services

No classification published
Location not published
Published value
£1,225,500
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Nuclear Restoration Services Limited: "2026/27 Pension Fund - Actuarial Services". Published status: complete. Published value: £1,225,500. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityNuclear Restoration Services LimitedScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£1,225,500
Bidder Intelligence · Authority Profile: Nuclear Restoration Services Limited
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Nuclear Restoration Services Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.7Bids / Report
33.3% of reports have one bid
Supplier ConcentrationHigh Concentration
Mona Lifting LtdTop vendor: 100% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 330 active published awards; 3 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
Mona Lifting Ltd1 win£360,000
Procedure terms
Contracting AuthorityNuclear Restoration Services Limited
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published23 Jun 2026, 15:33 BST
Last source update23 Jun 2026, 15:33 BST
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-068ef5
What is being bought
The Trustee of the Magnox Group of the ESPS is required, under pension legislation (originally the Pensions Act 1995), to appoint a Scheme Actuary. The current Scheme Actuary is appointed through Aon. This represents the cost associated with the provision of mandatory professional actuarial services to the Trustee. The appointment is subject to periodic review by the Trustee.
What changed
From the official release history
  1. Official notice release published
    23 Jun 2026, 15:33 BST
  2. Official notice release published
    10 Jun 2026, 14:16 BST
  3. tender value changed
    12 May 2026, 15:33 BST
  4. Status changed to complete
    12 May 2026, 15:33 BST
  5. Official notice release published
    12 May 2026, 15:33 BST
  6. Published value updated to £1,225,500
    30 Apr 2026, 10:56 BST
  7. Status changed to planning
    30 Apr 2026, 10:56 BST
  8. Official notice release published
    30 Apr 2026, 10:56 BST
  9. Buyer information updated
    30 Apr 2026, 10:56 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    complete
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    23 Jun 2026, 15:33 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 22 Jun 2026, 00:00 BST · £1,225,500
Commercial outcome and competition
Awards
AON Solutions UK Limited
Not published · Not published · active
Contracts
2026/27 Pension Fund - Actuarial Services
£1,225,500 · signed 22 Jun 2026, 00:00 BST · active
Contract period: 23 Jun 2026, 00:00 BST — 31 Mar 2027, 23:59 BST
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Nuclear Restoration Services Limited

Contracting authority GB-PPON-PXPQ-2228-DGTY
View buyer profile

  • Nuclear Restoration Services Limited
    buyer

    GB-PPON: PXPQ-2228-DGTY
    Hinton House, Birchwood Park Avenue, Risley, Warrington, UKD61, WA3 6GR, GB
    alwena.owen@nrservices.uk

  • AON Solutions UK Limited
    supplier

    GB-COH: 4396810
    The Aon Centre, 122 Leadenhall Street, London, UKI31, EC3V 4AN, GB
    damien.kelson.3@aon.com
Documents (1)
Official links; attachments are not copied

  • Not published

    tender
    conflictOfInterest
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThe trustee of the Magnox Group of the Electricity Supply Pension Scheme (ESPS) is obliged under pensions legislation (originally the Pensions Act 1995) to appoint a scheme actuary. The scheme actuary is employed by Aon. This cost relates to the provision of mandatory professional actuarial services to the trustee. The appointment of the scheme actuary is subject to periodic review by the trustee. NRS has no influence over the appointment of service providers or the determination of these costs.