Official UK procurement notice
Pension Trustee Services · UK public procurement notice
Authority: Nuclear Restoration Services Limited (Public body)
What is being bought
Published requirement descriptionNRS 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 publishedLot #1AwardedPublished value£925,000
- Condition of participationshortlisting
Please refer to the Invitation to Participate (ITP) guidance document
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- Technical: 75%
- Commercial: 25%
Published award criteria (2)
- Technical
- Commercial
- Condition of participationshortlisting
Please refer to the Invitation to Participate (ITP) guidance document
- 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)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-050628Find a Tender
- How it runs
3 Stage process, non negotiated terms
How it was run
Official notice- 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
To obtain further information, including all documentation, please follow these steps:
- Log in to the supplier portal at: atamis-2464.my.site.com/s/Welcome ↗
- Locate the opportunity using 'Find Opportunities' or use ref C24227
Timeline
23 Apr 2025 → 21 May 2026 · 11 dates- Planning notice published23 Apr 2025, 11:19 BST
- Market engagement30 May 2025, 23:59 BST
none
- Next notice expected324 days ago3 Dec 2025, 23:59 GMT
- Tender notice published323 days ago5 Dec 2025, 16:01 GMT
- Clarification questions by310 days ago18 Dec 2025, 12:00 GMT
- Submission deadline292 days ago5 Jan 2026, 12:00 GMT
- Assessment summaries sent208 days ago30 Mar 2026, 00:00 BST
- Award decision expected by193 days ago13 Apr 2026, 23:59 BST
- Standstill ends193 days ago13 Apr 2026, 23:59 BST
- Contract starts180 days ago27 Apr 2026, 00:00 BST
- Latest notice published156 days ago21 May 2026, 14:16 BST
Notice history
12 events · 5 releases on Find a Tender · since 23 Apr 2025- Preliminary market engagement notice published23 Apr 2025, 11:19 BSTUK2
- Planned procurement notice published27 Nov 2025, 09:57 GMTUK3
- Published value updated to £925,00027 Nov 2025, 09:57 GMTwas £700,000
- Status changed to planned27 Nov 2025, 09:57 GMT
- Procurement method changed27 Nov 2025, 09:57 GMT
- Tender notice published5 Dec 2025, 16:01 GMTUK4
- Status changed to active5 Dec 2025, 16:01 GMT
- Contract award notice published31 Mar 2026, 14:14 BSTUK6
- Status changed to complete31 Mar 2026, 14:14 BST
- Procurement method changed31 Mar 2026, 14:14 BST
- Contract signature expected24 Apr 2026, 23:59 BSTscheduled
- Contract details notice published21 May 2026, 14:16 BSTUK7
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| Awarded to | Value | Date | Status |
|---|---|---|---|
| Capital Cranfield PensionSME, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.SMEjoint award27 Apr 2026 – 31 Mar 2032 | £925,000 | 30 Mar 2026standstill to 13 Apr 2026 | Standstill |
| Capital Cranfield PensionSME, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.SMEjoint award | £770,000 † | — | Awarded |
Contracts
Pension Trustee Services · Capital Cranfield PensionSME, THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.SME
- Signed
- 27 Apr 2026
- Value
- £770,000
- Period
- 27 Apr 2026 – 27 Apr 2032
- Status
- active
No agreed KPIs: Contract no required
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 5final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
2 commercial parties on the notice- Capital Cranfield PensionAwarded supplier
- THE LAW DEBENTURE PENSION TRUST CORPORATION P.L.C.Awarded supplier
Official documents & specifications (5)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender
- Planned procurement notice Planned procurement notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender