2026/27 Pension Fund - Investment Advice

NUCLEAR RESTORATION SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

11 Jun 2026 at 15:17

Summary of the contracting process

The procurement process conducted by Nuclear Restoration Services Limited involves the provision of investment advice for the 2026/27 Pension Fund. Based in Warrington, UK, this public authority within the sub-central government has completed its procurement stage with AON Investments Limited as the chosen supplier. The procurement method was a direct award, specifically for professional investment advice required by legislation. The contract period spans from 12th June 2026 to 31st March 2027, covering pension investment services. As of 11th June 2026, the contract value is set at £1,627,000, with a gross amount of £1,952,400.

This tender presents significant opportunities for businesses specialising in financial and investment services, particularly those providing professional and regulated advice to pension schemes. Companies like AON Investments Limited, which boasts a large-scale operation, are ideal candidates for such contracts due to their expertise and capability in handling substantial financial advisory tasks mandated by trustees. Participation in such tenders can foster substantial business growth, especially for firms looking to expand their portfolio in public sector contracts and long-term financial planning for government-associated funds.

How relevant is this notice?

Notice Title

2026/27 Pension Fund - Investment Advice

Notice Description

2026/27 Pension Fund - Investment Advice (Recharge to Scheme)

Procurement Information

The Trustee appointed the supplier as the Investment Advisors. All investment advice is recharged to the Pension Scheme. Pension scheme trustees are required by legislation to appoint a professionally qualified/ regulated investment adviser. The rules of ESPS allow for investment related costs to be charged to the fund. (These are the only fees which may be charged to the fund and not met directly by the employer). The employer does not directly pay these fees - they are re-charged to the pension scheme and met from the fund. NRS raises a Purchase Order as a mechanism to manage the charges.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b35f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/055398-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency 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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,627,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jun 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Jun 20261 weeks ago
Contract Period
11 Jun 2026 - 31 Mar 2027 6-12 months
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
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

AON INVESTMENTS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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-06b35f-2026-06-11T16:17:09+01:00",
    "date": "2026-06-11T16:17:09+01:00",
    "ocid": "ocds-h6vhtk-06b35f",
    "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"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-05913159",
            "name": "AON Investments Limited",
            "identifier": {
                "scheme": "GB-COH",
                "id": "05913159"
            },
            "address": {
                "streetAddress": "The Aon Centre, The Leadenhall Building, 122 Leadenhall Street",
                "locality": "LONDON",
                "postalCode": "EC3V 4AN",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "ruth.williams@aon.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PXPQ-2228-DGTY",
        "name": "Nuclear Restoration Services Limited"
    },
    "tender": {
        "id": "C30430",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "2026/27 Pension Fund - Investment Advice",
        "description": "2026/27 Pension Fund - Investment Advice (Recharge to Scheme)",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Direct award",
        "procurementMethodRationale": "The Trustee appointed the supplier as the Investment Advisors. All investment advice is recharged to the Pension Scheme. Pension scheme trustees are required by legislation to appoint a professionally qualified/ regulated investment adviser. The rules of ESPS allow for investment related costs to be charged to the fund. (These are the only fees which may be charged to the fund and not met directly by the employer). The employer does not directly pay these fees - they are re-charged to the pension scheme and met from the fund. NRS raises a Purchase Order as a mechanism to manage the charges.",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            }
        ],
        "procurementMethodRationaleClassifications": [
            {
                "id": "additionalRepeatExtensionPartialReplacement"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "title": "2026/27 Pension Fund - Investment Advice",
            "status": "pending",
            "value": {
                "amountGross": 1952400,
                "amount": 1627000,
                "currency": "GBP"
            },
            "mainProcurementCategory": "services",
            "aboveThreshold": true,
            "suppliers": [
                {
                    "id": "GB-COH-05913159",
                    "name": "AON Investments Limited"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "66131100",
                            "description": "Pension investment services"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-06-12T00:00:00+01:00",
                "endDate": "2027-03-31T23:59:59+01:00"
            },
            "relatedLots": [
                "1"
            ],
            "documents": [
                {
                    "id": "055398-2026",
                    "documentType": "awardNotice",
                    "noticeType": "UK5",
                    "description": "Transparency notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/055398-2026",
                    "datePublished": "2026-06-11T16:17:09+01:00",
                    "format": "text/html"
                }
            ],
            "milestones": [
                {
                    "id": "1",
                    "type": "futureSignatureDate",
                    "dueDate": "2026-06-12T23:59:59+01:00",
                    "status": "scheduled"
                }
            ]
        }
    ],
    "language": "en"
}