Award

2025/26 Project Canary (Phase XI)

NUCLEAR RESTORATION SERVICES LTD

This public procurement record has 1 release in its history.

Award

22 May 2025 at 12:49

Summary of the contracting process

The public procurement contracting process managed by Nuclear Restoration Services Ltd, a sub-central government authority in the UK, has concluded with the award for "2025/26 Project Canary (Phase XI)." This process pertains to insurance and pension services for the Magnox Group of the Electricity Supply Pension Scheme, specifically focusing on triennial employer covenant reviews. The procurement stage is at the 'Award' phase, with PricewaterhouseCoopers LLP being the successful supplier. The contract was signed on the 21st of May, 2025, and will run from 22nd May 2025 to 31st March 2026, with a gross value of £69,000. The procurement method used was 'direct', executed below the threshold without competition, indicating a streamlined process tailored to specific expertise requirements.

This procurement offers substantial business growth opportunities, particularly for firms with expertise in insurance and pension services. Companies within the financial services industry, especially those specialising in pension schemes and employer covenants, would find this contract particularly pertinent. The contract signifies a significant endorsement from a major public authority, offering a credible reference point for future engagements. Additionally, businesses that can provide high-quality financial consultancy and accounting services are well-suited to compete in similar future procurements, given the nature of the services required by the client. This collaboration with a reputable firm like PricewaterhouseCoopers LLP accentuates the demand for seasoned expertise in managing complex financial reviews.

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Notice Title

2025/26 Project Canary (Phase XI)

Notice Description

Project Canary (Phase XI) - triennial employer covenant reviews for the Magnox Group of the Electricity Supply Pension Scheme

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051dce
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024865-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£57,500 Under £100K

Notice Dates

Publication Date
22 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 May 20259 months ago
Contract Period
21 May 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NUCLEAR RESTORATION SERVICES LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS

Open Contracting Data Standard (OCDS)

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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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