Planning

2026/27 Pension Fund - Actuarial Services

NUCLEAR RESTORATION SERVICES LIMITED

This public procurement record has 1 release in its history.

Planning

30 Apr 2026 at 09:56

Summary of the contracting process

The procurement process initiated by Nuclear Restoration Services Limited focuses on securing actuarial services for the 2026/27 Pension Fund. This activity, classified under the services industry category and specifically involving pension and actuarial services, is currently at the planning stage. The process is intended for the location of Warrington, United Kingdom. Key dates include the commencement of the contract period from 2nd May 2026, with services expected to conclude by 31st March 2027. The tender, with a value of £1,225,500, is set under the legal basis of UK legislation 2023/54, and a preliminary market engagement notice was published on 30th April 2026.

This tender presents substantial opportunities for actuarial firms, especially those with experience in providing consultancy advice within the pension sector. With a targeted contract value and a timeframe extending close to a year, businesses in the actuarial services category have the potential to enhance their portfolios and engage in a significant government contract. The suitability criteria indicate readiness for participation by small and medium-sized enterprises (SMEs), promoting inclusivity for a diverse range of companies. Competing in this tender could allow firms to establish or strengthen relationships with public authorities, potentially leading to further opportunities in the public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

2026/27 Pension Fund - Actuarial Services

Notice Description

Under pension legislation (originally the Pensions Act 1995), the trustee of the Magnox Group of ESPS is required to appoint a scheme actuary. An external actuarial firm has been appointed to fulfil this role. The costs relate to the provision of mandatory professional actuarial services to the Trustee. This appointment is subject to periodic review by the Trustee. The scope covers actuarial and consultancy advice to the Trustee for the period 1 April 2026 to 31 March 2027.

Planning Information

NRS has no influence over the appointment of service provider.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068ef5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/039717-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement 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

66519600 - Actuarial services

66520000 - Pension services

Notice Value(s)

Tender Value
£1,225,500 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20262 days ago
Submission Deadline
Not specified
Future Notice Date
1 May 2026Expired
Award Date
Not specified
Contract Period
1 May 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NUCLEAR RESTORATION SERVICES LIMITED
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

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-068ef5-2026-04-30T10:56:29+01:00",
    "date": "2026-04-30T10:56:29+01:00",
    "ocid": "ocds-h6vhtk-068ef5",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PXPQ-2228-DGTY",
            "name": "Nuclear Restoration Services Limited",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PXPQ-2228-DGTY"
            },
            "address": {
                "streetAddress": "Hinton House, Birchwood Park Avenue, Risley",
                "locality": "Warrington",
                "postalCode": "WA3 6GR",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKD61"
            },
            "contactPoint": {
                "name": "Alwena Owen",
                "email": "alwena.owen@nrservices.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/nuclear-restoration-services",
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PXPQ-2228-DGTY",
        "name": "Nuclear Restoration Services Limited"
    },
    "planning": {
        "milestones": [
            {
                "id": "engagement",
                "type": "engagement",
                "description": "NRS has no influence over the appointment of service provider.",
                "dateMet": "2026-04-30T00:00:00+01:00",
                "status": "met"
            }
        ],
        "documents": [
            {
                "id": "039717-2026",
                "documentType": "marketEngagementNotice",
                "noticeType": "UK2",
                "description": "Preliminary market engagement notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/039717-2026",
                "datePublished": "2026-04-30T10:56:29+01:00",
                "format": "text/html"
            }
        ]
    },
    "tender": {
        "id": "C30429",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "2026/27 Pension Fund - Actuarial Services",
        "description": "Under pension legislation (originally the Pensions Act 1995), the trustee of the Magnox Group of ESPS is required to appoint a scheme actuary. An external actuarial firm has been appointed to fulfil this role. The costs relate to the provision of mandatory professional actuarial services to the Trustee. This appointment is subject to periodic review by the Trustee. The scope covers actuarial and consultancy advice to the Trustee for the period 1 April 2026 to 31 March 2027.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66520000",
                        "description": "Pension services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66519600",
                        "description": "Actuarial services"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 1470600,
            "amount": 1225500,
            "currency": "GBP"
        },
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-05-02T00:00:00+01:00",
                    "endDate": "2027-03-31T23:59:59+01:00"
                },
                "status": "planning"
            }
        ],
        "communication": {
            "futureNoticeDate": "2026-05-01T23:59:59+01:00"
        },
        "status": "planning"
    },
    "language": "en"
}