Actuarial Advisory Services Framework
Estimated value
£6.5m
Awarded value
—
Suppliers
0
Lots
1
Published
13 Jul 2026
This is a preliminary market engagement notice
Map the supplier landscape and document your shortlist before opening the tender. The market simulation produces a defensible audit record you can attach to your procurement file.
Description
Provision of actuarial advisory services to Group Pensions. Scope of requirements could cover: • advice in relation to accounting, • funding, • investment, • governance, • benefit strategy and design, • mergers & acquisitions and other corporate restructuring, • risk management, • HR and people issues connected to pensions and benefits.
Scope
- Reference
- ocds-h6vhtk-06c9d8
- Total value
- £6,500,000 excluding VAT£7,800,000 including VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 01 Dec 2026 to 30 Nov 2031Possible extension to 30 Nov 2034
By mutual agreement to a maximum of +3 years
- Main category
- services
- CPV classifications
- 6651960066520000
- Contract locations
- North East England, United KingdomNorth West England, United KingdomYorkshire and the Humber, United KingdomEast Midlands, United KingdomWest Midlands, United KingdomEast of England, United KingdomLondon, United KingdomSouth East England, United KingdomSouth West England, United KingdomWales, United Kingdom
Participation
Conditions suppliers must meet to bid.
Technical capabilities that will require demonstration through the tender process will include: • Corporate advisory skills supporting multi-billion pound schemes and/or FTSE 100 companies on corporate pension matters. • Capabilities & knowledge in advising in Regulated corporate sector
Submission & procedure
- Submission address
- Suppliers wishing to participate in this opportunity should complete the attached 'Expression of Interest (EOI) & SAP Ariba On-boarding Form' and return it to Jennifer.schultz@nationalgrid.com After the Tender Notice is issued on Find a Tender, National Grid Procurement will issue the tender documents via SAP Ariba (www.ariba.com) to those suppliers that have expressed their interest in response to this notice.
- Electronic submission
- Yes
- Procedure
- Competitive flexible procedure