Stale Pre-tender

2026/27 Pension Fund - Actuarial Services

Details

Value
£1,225,500
Topic
Actuarial services
Published
30 April 2026
Submission
30 April 2026

Tender 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.

Timeline

  1. Completed: Pre-tender published30 April 2026
    Current notice

About the buyer

Nuclear Restoration Services Limited decommissions 14 former nuclear sites, from Sizewell A to Trawsfynydd. The Nuclear Decommissioning Authority owns the company and sets its group-wide commercial strategy. The company also runs its own framework agreements, covering scaffolding, lifting and characterisation services at its sites. Bidders for classified decommissioning work must also pass security clearance checks. A dedicated supply chain team handles questions and comments from prospective suppliers.

Over the past 5 years, most of Nuclear Restoration Services Limited's contract awards have been in architectural and engineering services, construction work and business services.

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Decision makers

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