Award

Actuarial expertise

SELLAFIELD LIMITED

This public procurement record has 1 release in its history.

Award

20 Oct 2025 at 07:04

Summary of the contracting process

Sellafield Limited, located in Warrington, United Kingdom, has completed a procurement process for specialist professional financial and actuarial expertise to assist in the preparation of the IAS19 Valuation of Defined Benefit Pension schemes. This tender, titled "Actuarial expertise," falls under the services industry and was procured through a direct method below the threshold, without competition. The contract was awarded on 15th August 2025 to Isio Group Ltd, based in London, with the contract commencing on 22nd October 2025 and potentially extending up to 2028. The procurement stage is at the award phase, and key dates include a future contract signature scheduled for 21st October 2025.

This tender presents opportunities for growth particularly for businesses offering financial auditing and actuarial services, as it highlights demand for expertise within the public sector pension schemes. While this specific procurement was directly awarded, similar future opportunities could benefit consultancies with large-scale operations capable of delivering specialised financial services. It represents a valuable business interaction with a sub-central government authority, potentially opening doors for longer-term contracts and strategic partnerships within the public finance sector.

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Notice Title

Actuarial expertise

Notice Description

Specialist professional financial and actuarial expertise for the preparation of the IAS19 Valuation of the Defined Benefit Pension schemes

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cf61
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066548-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award 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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£21,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Aug 20256 months ago
Contract Period
21 Oct 2025 - 20 Oct 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SELLAFIELD LIMITED
Contact Name
Rachael Walker
Contact Email
rachael.walker@sellafieldsites.com
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

Supplier Information

Number of Suppliers
1
Supplier Name

ISIO GROUP

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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