2026/27 Pension Fund - Actuarial Services

contractFind a TenderRef ocds-h6vhtk-068ef5Procurement Act 2023SME suitablepending

Estimated value

Awarded value

£1.2m

Awarded 09 Jun 2026

Suppliers

1

Lots

1

1 awarded

Published

10 Jun 2026

Description

The Trustee of the Magnox Group of the ESPS is required, under pension legislation (originally the Pensions Act 1995), to appoint a Scheme Actuary. The current Scheme Actuary is appointed through Aon. This represents the cost associated with the provision of mandatory professional actuarial services to the Trustee. The appointment is subject to periodic review by the Trustee.

Scope

Reference
C30429
Commercial tool
Standalone contract
Contract dates
01 May 2026 to 31 Mar 2027
CPV classifications
66520000
66519600
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

£1.2m

Award date

09 Jun 2026

Contract start

22 Jun 2026

Contract end

31 Mar 2027

Awarded to