Award

The provision of an "off the shelf" Master Trust defined contribution (DC) pension scheme administered and operated by Legal & General Resources Limited.

NUCLEAR RESTORATION SERVICES LIMITED

This public procurement record has 2 releases in its history.

Award

21 Jan 2026 at 08:30

Award

19 Jan 2026 at 15:38

Summary of the contracting process

Nuclear Restoration Services Limited, a public authority operating under the sub-central government category, has recently finalised the procurement process for an "off the shelf" Master Trust defined contribution (DC) pension scheme. The contract, valued at £24,000,000 gross, has been awarded directly to Legal & General Resources Limited, marking the procurement stage as complete. Situated in Warrington, UK, the buying organisation is involved in transitioning Advanced Gas-Cooled Reactor (AGR) sites from EDF. This tender, focused on pension services and related consultancy and administration offerings, aligns with the procurement method of a direct award, adhering to specific legal exemptions under the Procurement Act 2023. The contract commences on 31 March 2026, lasting until 31 March 2036, with the future signature date scheduled for 1 March 2026.

This procurement offers significant growth potential for businesses within the financial services sector, particularly those specialising in pension and fund management. The initiative caters to the seamless transition of pension arrangements for staff at various AGR sites, paving the way for businesses with capabilities in multi-employer pension scheme administration. Companies like Legal & General Resources Limited, noted for their large-scale operational capacity, underscore the opportunities available for entities equipped to handle extensive financial and administrative responsibilities that support regulatory compliance and workforce retention during structural transitions. This tender primarily serves financial service providers with the necessary expertise to navigate complex pension service delivery and consultancy under stringent regulatory frameworks.

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Notice Title

The provision of an "off the shelf" Master Trust defined contribution (DC) pension scheme administered and operated by Legal & General Resources Limited.

Notice Description

The proposed arrangement is such that NRS/NDA would utilise an existing commercial MasterTrust to continue providing the necessary pensions arrangements for transferring employees of all the AGR sites that are transferring to NRS. The MasterTrust is a multi-employer pension scheme, unlike traditional schemes which typically serve a single employer or a group of related companies. MasterTrusts are established and managed by a scheme funder that supports the trust financially. An aspect of the management of the MasterTrust will be exempt from application of the Procurement Act 2023, pursuant to paragraphs 15 and 16 of Part 2 of Schedule 2, albeit it is not currently known if that will be the main purpose. To the extent that it is exempt, this notice is published on a voluntary basis.

Procurement Information

The existing EDF arrangement with L&G is being replicated by this arrangement as part of the AGR site transfer process and the MasterTrust arrangement may be a direct award for the purposes of Procurement Act 2023. The direct award is therefore being made pursuant to Paragraph 6 of Schedule 5 of the Procurement Act 2023. NRS considers Paragraph 6 of Schedule 5 of the Procurement Act 2023 applies as the services provided by Legal & General Resources Limited have a critical impact on the ongoing operation of Hunterston B, Hinkley B and the remaining AGR sites transferring from EDF to NRS and it would create significant technical difficulties as well as posing unacceptable regulatory risks to NRS for any other supplier to supply the services at the point of the sites transferring. Only Legal & General Resources Limited can therefore currently supply those services, in order to avoid creating significant technical difficulties due to workforce recruitment and retention, acceptance by the employees and their unions, consistency of approach across all transferring sites, an inability to put alternative arrangements in place in time and the creation of a two tier workforce. Background As part of the UK's nuclear decommissioning programme, Nuclear Restoration Services (NRS) will begin taking ownership of and the responsibility for the Advanced Gas-Cooled Reactor (AGR) sites from EDF Energy Nuclear Generation Limited (EDF). This transition, starting with Hunterston B in spring 2026 followed by Hinkley B in October 2026 and the remaining sites over the next few years, marks a key milestone in ensuring the safe, secure and cost-effective decommissioning of the UK's nuclear legacy. NRS is committed to transparency and collaboration throughout this transfer process, working closely with stakeholders to deliver a seamless transfer whilst maintaining the highest standards of regulatory, safety and environmental compliance. In line with this commitment, NRS therefore intends to make a potential direct award of a non-exempt service in accordance with Section 41 of the Procurement Act 2023.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0608ff
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005077-2026
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
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

66132000 - Commodity brokerage services

66140000 - Portfolio management services

66141000 - Pension fund management services

66520000 - Pension services

66522000 - Group pension services

66523000 - Pension fund consultancy services

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£20,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Oct 20254 months ago
Contract Period
30 Mar 2026 - 31 Mar 2036 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NUCLEAR RESTORATION SERVICES LIMITED
Contact Name
Not specified
Contact Email
kelly.capdeville@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

Supplier Information

Number of Suppliers
1
Supplier Name

LEGAL & GENERAL RESOURCES

Open Contracting Data Standard (OCDS)

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