Planning

Pension administration - ESPS

NUCLEAR RESTORATION SERVICES LTD

This public procurement record has 1 release in its history.

Planning

19 May 2025 at 13:28

Summary of the contracting process

Nuclear Restoration Services Ltd, a public authority in the sub-central government sector, is at the planning stage for a procurement process focused on pension administration services for the Electricity Supply Pension Scheme (ESPS). The contracting process, with the title "Pension administration - ESPS", is categorised in the services industry specifically under pension services and consultancy. The procurement aims to manage day-to-day pension administration and audit services split across four sections of the ESPS. This opportunity is located in the United Kingdom, with a substantial budget of £3.6 million gross. The contract period is intended to run from 1st September 2027 to 30th August 2031, and the tender is expected to be announced by 1st February 2027.

This tender offers significant business growth potential, particularly for small and medium-sized enterprises (SMEs) specialised in pension administration and consultancy services. It is a lucrative opportunity due to its substantial financial value and long-term contract nature. Companies with expertise in pension services, particularly those with experience in handling schemes similar to ESPS, will find this tender particularly suitable. Moreover, the planned future notice invites businesses to prepare early, ensuring they can effectively compete in this high-value procurement process.

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Notice Title

Pension administration - ESPS

Notice Description

The Trustees outsource the pension administration function. Day to day administration/calculation service for the members of the Electricity Supply Pension Scheme. The ESPS Audit Fee is split between the four sections of ESPS (SLC, Atkins, NNL and Cavendish Nuclear) proportionate to the number of members in the scheme. The Audit fees are recharged out to the companies through finance along with other costs relating to administration of the scheme etc.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05170f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022682-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
1 Feb 202712 months to go
Award Date
Not specified
Contract Period
31 Aug 2027 - 30 Aug 2031 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NUCLEAR RESTORATION SERVICES LTD
Contact Name
Not specified
Contact Email
alwena.owen@nrservices.uk
Contact Phone
Not specified

Buyer Location

Locality
WARRINGTON
Postcode
WA3 6GR
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
Delivery Location
Not specified

Local Authority
Warrington
Electoral Ward
Birchwood
Westminster Constituency
Warrington North

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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