GPS Energy Solutions Section of the Combined Nuclear Pension Plan
Estimated value
£25.0m
Awarded value
£24.6m
Suppliers
1
Lots
1
Published
07 Jun 2019
Description
This procurement is being undertaken by the Trustee of the Combined Nuclear Pension Plan ("the Trustee"). It relates to liabilities in respect of the GPS Energy Solutions Section of the Combined Nuclear Pension Plan ("the Section" and "the Plan" respectively). The Plan is a multi-employer final salary pension arrangement with a separate ring-fenced section for each employer or employment group. The Nuclear Decommissioning Authority (NDA), while not an employing entity is the Lead (Principal) Company for many of the sections. This annuity is only in respect of the Section (the EnergySolutions EU Limited section), although the Plan may seek to secure further bulk annuities for other sections in future.
Scope
- Reference
- 20190607123019-11416
- Total value
- £25,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 12 May 2019 to 11 May 2020
- CPV classifications
- 66000000
Submission & procedure
- Submission deadline
- 15 Apr 2019, 11:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£24.6m
Award date
14 May 2019
Contract start
12 May 2019
Contract end
11 May 2020