2025/26 Pension Fund - Actuarial Services

Nuclear Restoration Services LimitedcontractFind a TenderRef ocds-h6vhtk-0543b7Procurement Act 2023SME suitablepending
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Estimated value

Awarded value

£1.1m

Awarded 03 Jun 2025

Suppliers

1

Lots

1

1 awarded

Published

05 Jun 2025

Description

The trustee of the Magnox Group of ESPS is obliged under pension legislation (originally Pensions Act 1995) to appoint a scheme actuary. Damien Kelson, who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically.

Scope

Reference
C24413
Commercial tool
Standalone contract
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Procedure
Direct award

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£1.1m

Award date

03 Jun 2025

Contract start

30 Jun 2025

Contract end

31 Mar 2026

Awarded to