Find a TenderAwardedContract details notice
Published 23 Apr 2025, 11:19 BST

Official UK procurement notice

Pension Trustee Services · UK public procurement notice

Official notice

Authority: Nuclear Restoration Services Limited (Public body)

ServicesCompetitive flexible procedureAbove thresholdSME suitable
Sectors: Financial and insurance services (66) Delivery: Delivery location not published
Published estimate£925,000≈ £154k / year · £1,110,000 inc. VAT · 1 value update16.8% below final estimate
Submissions closed 5 Jan 2026awarded 30 Mar 2026
Awarded to Capital Cranfield Pension, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.2 awards
Contract term 6 yrsends 27 Apr 2032 · starts 27 Apr 2026

What is being bought

Published requirement description

NRS are seeking to put in place a Professional Services Contract with a supplier for the provision of two Pension Trustee Directors with investment expertise. This is in relation to NRS’ legacy Defined Benefits pension scheme and its Corporate Trustee Board. As the service is in relation to a Corporate Trustee Board, NRS must appoint two different suppliers.

  • The authority expects to re-tender this requirement around 13 Apr 2026, 23:59 BST.
  • How the procedure runs: 3 Stage process, non negotiated terms

CPV: Pension services

The lotProcurement structure

single lot · value published
Lot #1Awarded 6 yrsSMEPublished value£925,000
Contract period: 27 Apr 2026 – 27 Apr 2032 (6 yrs)Value: £925,000 exc. VAT · £1,110,000 inc. VAT
Eligibility: SME eligible
Pre-qualification & selection criteria (PQQ)1
  • Condition of participation

    Please refer to the Invitation to Participate (ITP) guidance document

    shortlisting

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 75%Price: 25%
Published sub-criteria (2)
  • Technical: 75%
  • Commercial: 25%
Published award criteria (2)
  • Technical
  • Commercial
Conditions of participation1
  • Condition of participation

    Please refer to the Invitation to Participate (ITP) guidance document

    shortlisting
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 13 Apr 2026
First published
23 Apr 2025, 11:19 BST
Last source update
21 May 2026, 14:16 BST
Award evaluation window
Submission end – 13 Apr 2026
Authority reference
C24227
FTS notice number
2025/S 000-080297
Latest notice
Contract details notice (UK7)
Classification (CPV)
Pension services
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-050628 Find a Tender
How it runs

3 Stage process, non negotiated terms

How it was run

Official notice
Run through: Atamis (Health Family) · Who buys & how to bid on Atamis
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · one account PER buying organisation portal · password resets come "from Salesforce.com" (check spam)
Requests to participate (first stage)
5 Jan 2026, 12:00 GMT
Submission deadline
5 Jan 2026, 12:00 GMT
Clarification deadline
18 Dec 2025, 12:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

To obtain further information, including all documentation, please follow these steps:

  1. Log in to the supplier portal at: atamis-2464.my.site.com/s/Welcome ↗
  2. Locate the opportunity using 'Find Opportunities' or use ref C24227

Timeline

23 Apr 2025 → 21 May 2026 · 11 dates
  1. Planning notice published
    23 Apr 2025, 11:19 BST
  2. Market engagement
    30 May 2025, 23:59 BST

    none

  3. Next notice expected324 days ago
    3 Dec 2025, 23:59 GMT
  4. Tender notice published323 days ago
    5 Dec 2025, 16:01 GMT
  5. Clarification questions by310 days ago
    18 Dec 2025, 12:00 GMT
  6. Submission deadline292 days ago
    5 Jan 2026, 12:00 GMT
  7. Assessment summaries sent208 days ago
    30 Mar 2026, 00:00 BST
  8. Award decision expected by193 days ago
    13 Apr 2026, 23:59 BST
  9. Standstill ends193 days ago
    13 Apr 2026, 23:59 BST
  10. Contract starts180 days ago
    27 Apr 2026, 00:00 BST
  11. Latest notice published156 days ago
    21 May 2026, 14:16 BST

Notice history

12 events · 5 releases on Find a Tender · since 23 Apr 2025
  1. Preliminary market engagement notice published
    23 Apr 2025, 11:19 BST
    UK2
  2. Planned procurement notice published
    27 Nov 2025, 09:57 GMT
    UK3
  3. Published value updated to £925,000
    27 Nov 2025, 09:57 GMT
    was £700,000
  4. Status changed to planned
    27 Nov 2025, 09:57 GMT
  5. Procurement method changed
    27 Nov 2025, 09:57 GMT
  6. Tender notice published
    5 Dec 2025, 16:01 GMT
    UK4
  7. Status changed to active
    5 Dec 2025, 16:01 GMT
  8. Contract award notice published
    31 Mar 2026, 14:14 BST
    UK6
  9. Status changed to complete
    31 Mar 2026, 14:14 BST
  10. Procurement method changed
    31 Mar 2026, 14:14 BST
  11. Contract signature expected
    24 Apr 2026, 23:59 BST
    scheduled
  12. Contract details notice published
    21 May 2026, 14:16 BST
    UK7
Routine re-releases (5)
  • 2025-11: 1 release · 27 Nov 2025
  • 2025-04: 1 release · 23 Apr 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £925,0001 award exc. VAT
Bids received 5
Contracts signed 1latest 27 Apr 2026
Awarded toValueDateStatus
Capital Cranfield PensionSME, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.SMEjoint award27 Apr 2026 – 31 Mar 2032£925,00030 Mar 2026standstill to 13 Apr 2026Standstill
Capital Cranfield PensionSME, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.SMEjoint award£770,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5final-stage tenders00—

Contracting authority & participating public bodies

Nuclear Restoration Services Limited

Contracting authorityPublic authority - sub-central government GB-PPON: PXPQ-2228-DGTY Hinton House, Birchwood Park Avenue, Risley, Warrington, North West, WA3 6GRContact name, email

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications (5)

Official links; attachments are not copied

Notices published for this procedure