Official UK procurement notice
Pensions actuarial advice · UK public procurement notice
Authority: Nuclear Decommissioning Authority (Central government)
What is being bought
Published requirement descriptionPensions actuarial advice to the NDA to support the NDA’s management of the NDA group’s pension schemes and liabilities.
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 22 Apr 2026, 12:11 BST
- Last source update
- 5 May 2026, 11:51 BST
- Authority reference
C27281- FTS notice number
2026/S 000-040933- Latest notice
- Contract details notice (UK7)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-06885cFind a Tender
- Why no open competition
- Additional Repeat Extension Partial Replacement
- Published justification
GAD provide actuarial advice within Government and charge for their advice. As a government department, GAD do not aim to make a profit, and their fee rates are designed to cover their costs only and hence are significantly lower than comparable private sector fee rates. Government policy is that departments and other bodies should not buy externally when there is a public sector entity that can provide the advice.
- Risks
Funding and Valuation Risks
Liability Miscalculation
Employer Covenant Misjudgment
Investment Strategy Misalignment
Communication Gaps
How it was run
Official notice- Submission deadline
- —
Timeline
1 May 2026 → 5 May 2026 · 2 dates- Standstill ends175 days ago1 May 2026, 23:59 BST
- Notice published171 days ago5 May 2026, 11:51 BST
Notice history
4 events · 3 releases on Find a Tender · since 22 Apr 2026- Transparency notice published22 Apr 2026, 12:11 BSTUK5
- Contract award notice published22 Apr 2026, 12:15 BSTUK6
- Contract details notice published5 May 2026, 11:51 BSTUK7
- Contract signature expected5 May 2026, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Government Actuary's Department6 May 2026 – 31 Mar 2027 | £137,500same award published again · counted once | 21 Apr 2026standstill to 1 May 2026 | Standstill |
| Government Actuary's Department | £137,500 † | — | Awarded |
Contracts
Pensions Actuarial advice · Government Actuary's Department
- Signed
- 5 May 2026
- Value
- £137,500
- Period
- 6 May 2026 – 31 Mar 2027
- Status
- active
1 agreed KPI: Deliverables
- Deliverables, Target 95% Deliverables ran to proposed timelines and costings and in line with the Specification. Confirmation by the Authority of delivery of deliverables by agreed dates.
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Government Actuary's DepartmentAwarded supplier
Official documents & specifications (3)
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
- Transparency notice Transparency notice on Find a Tender