--- title: "Great British Nuclear (GBN) Workplace Pension Scheme" ocid: "ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BEIS" published: "2023-09-22" --- # Great British Nuclear (GBN) Workplace Pension Scheme Buyer: BEIS Current stage: Tender OCID: ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99.json) ## Summary The Great British Nuclear (GBN) Workplace Pension Scheme procurement process is currently active and being conducted by the Department for Energy Security and Net Zero. The tender involves the establishment of a Defined Contribution (DC) pension plan for GBN employees, with a total estimated value based on market understanding. The procurement method is an Open procedure and the deadline for tender submissions is set for October 23, 2023. The contract period is scheduled to start on December 4, 2023, and run until December 4, 2033. The industry category for this procurement is Pension services. This opportunity to provide pension services for GBN offers a chance for businesses in the financial services sector to engage with a high-profile organisation and potentially secure a long-term contract. Companies specialising in pension fund management and financial planning are well-suited to compete for this tender. Small and medium-sized enterprises (SMEs) have been identified as suitable bidders, indicating a desire for diverse participation in the procurement process. Interested parties can participate by accessing and submitting tender documents via the Jaggaer eSourcing Portal. ## Notice The Government is committed to a programme of new nuclear projects beyond Sizewell C, giving industry and investors the confidence, they need to deliver projects at speed. Great British Nuclear (GBN) was launched to lead delivery of a programme of new nuclear projects. GBN is an executive non-departmental public body, sponsored by the Department for Energy Security and Net Zero. GBN will implement UK policy on new nuclear generation, ensuring energy security and implement a programme that will deliver faster, better value projects with private sector investment. GBN intends to establish a Defined Contribution (DC) pension plan for its employees which will also act as the auto-enrolment scheme. GBN is seeking a provider to establish a Defined Contribution workplace pension for its employees. All employees will be new staff as such there are no existing DC assets to transfer into the new pension plan. GBN reserves the right to extend the pension provision to any subsidiary which may be set up. GBN reserves the right not to make any award at all, or where an award is made not to extend provision to any subsidiary which may be set up. The estimated total value is indicative only and is based upon GBN's current understanding of the market, the potential costs of the Total Expense Ratio charge and prior to the conduct of the competitive procurement process. Additional information: If you wish to participate and view the procurement documentation, please register on the Jaggaer eSourcing Portal. Following registration, potential bidders will be granted access to redacted procurement documentation. Full procurement documentation will be made available to potential bidders on completion and return of a signed Non-Disclosure Agreement (NDA). The NDA document will be made available via the Jaggaer eSourcing Portal. Potential bidders are requested to read the procurement documentation in full. All queries should be submitted via the Jaggaer eSourcing Portal. GBN will not contact bidders through any other route. Tenders or requests to participate must be submitted electronically via: https://beisgroup.ukp.app.jaggaer.com/ GBN is not committed to any course of action because of this notice. It is not liable for any costs incurred including in respect of expressing an interest or in tendering for this opportunity. GBN reserves the right to abandon or terminate the procurement (or any part of it) at its own discretion. Important note: This Contract Notice must be read in full. Suppliers are reminded that participation in this procurement will be subject to the terms and conditions set out in the procurement documents and the Jaggaer eSourcing Portal. Great British Nuclear is a trading name of British Nuclear Fuels Limited, a company registered in England and Wales with registered number: 05027024. Registered office address: 1 Victoria Street, London, England, SW1H 0ET. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c1c359e1-d15e-4d42-9d2e-5f1c76f2337d | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 22 Sep 2023 | | Submission deadline | 23 Oct 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 4 Dec 2023 - 4 Dec 2033 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BEIS | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 0ET | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66520000 - Pension services ## Release History - 22 Sep 2023 at 15:34 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c1c359e1-d15e-4d42-9d2e-5f1c76f2337d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/c1c359e1-d15e-4d42-9d2e-5f1c76f2337d 22nd September 2023 - Opportunity notice on Contracts Finder - https://beisgroup.ukp.app.jaggaer.com/ Procurement Access Link - https://www.gov.uk/government/organisations/great-british-nuclear? GBN URL - https://www.find-tender.service.gov.uk/Notice/028092-2023 Link to FTS Notice ## Notice URLs - https://www.gov.uk/government/organisations/great-british-nuclear ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-191d21be-1131-4732-999a-fa60185d6b99.json.