Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of NDA Pensions Funding, Investment and Strategy Support

Nuclear Decommissioning Authority

This public procurement record has 1 release in its history.

Award

24 Aug 2026 at 10:24

UK6 - Contract Award Notice
Summary of the contracting process

The Nuclear Decommissioning Authority procured pensions funding, investment and strategy support. This is specialist pension investment and actuarial consultancy work, covering advice to support the Authority’s pension arrangements, funding decisions, investment approach and related strategy. The requirement was procured as a call-off following a further competition under the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services. The service is for the Nuclear Decommissioning Authority, whose headquarters are in Cumbria. The awarded service is classified as pension investment services (CPV 66131100). The requirement was organised as one lot and concerns professional services rather than goods, construction or operational decommissioning work. It is therefore most relevant to pension consultancies, investment advisers, actuarial firms and providers with public-sector local government pension scheme expertise.

The procurement has reached the award stage and the tender is complete. It used a selective procedure as a competitive call-off under a framework. Mercer Limited was selected for the single lot. The award date was 21 August 2026, with a gross value of £792,000 including tax (£660,000 excluding tax). The standstill period ends on 3 September 2026. The contract is scheduled to run from 10 September 2026 to 9 September 2030, with a possible 12-month renewal extending the maximum period to 9 September 2031. Contract signature is scheduled for 7 September 2026. The award is above the applicable threshold. The published data identifies the requirement as a competitive framework call-off, but does not provide detailed scoring criteria or minimum participation requirements.

This award demonstrates established demand from the Nuclear Decommissioning Authority for integrated pensions funding, investment and strategy support at a substantial public-sector scale. A credible future competitor would need strong pension investment advisory capability, including funding analysis, investment strategy and broader pensions governance or actuarial support. Experience of advising public bodies and local government pension scheme arrangements would be particularly relevant because the requirement was called off from a national LGPS consultancy framework. Suppliers should also be able to compete through a framework-based further competition rather than relying only on open-market tendering. The incumbent is a large specialist consultancy, indicating that competing firms will need sufficient technical depth, experienced advisers and capacity to provide sustained strategic support for a complex pension client.

How relevant is this notice?

Notice Information

Notice Title

Provision of NDA Pensions Funding, Investment and Strategy Support

Notice Description

Provision of NDA Pensions Funding, Investment and Strategy Support. Call-off following a further competition - NCCT43062 National LGPS Framework Actuarial, Benefits and Governance Consultancy Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ea36
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080199-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Award under framework
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
£660,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Aug 20266 days ago
Contract Period
10 Sep 2026 - 9 Sep 2030 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Nuclear Decommissioning Authority
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CUMBRIA
Postcode
CA24 3HU
Postcode Area
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

Mercer Limited

Further Information

Notice Documents

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.

Loading OCDS record...