2026/27 Pension Fund - Actuarial Services

Nuclear Restoration Services LimitedcontractFind a TenderRef ocds-h6vhtk-068ef5Procurement Act 2023SME suitableplanning
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Estimated value

£1.2m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

30 Apr 2026

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Description

Under pension legislation (originally the Pensions Act 1995), the trustee of the Magnox Group of ESPS is required to appoint a scheme actuary. An external actuarial firm has been appointed to fulfil this role. The costs relate to the provision of mandatory professional actuarial services to the Trustee. This appointment is subject to periodic review by the Trustee. The scope covers actuarial and consultancy advice to the Trustee for the period 1 April 2026 to 31 March 2027.

Scope

Reference
C30429
Total value
£1,225,500 excluding VAT
£1,470,600 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
01 May 2026 to 31 Mar 2027
Main category
services
CPV classifications
66520000
66519600
Particular suitability
Small and medium-sized enterprises (SME)