---
title: "CA300 (2025) - Provision of Pension Accounting Advisory Services and management of pension liabilities, including advising the company in relation to triennial scheme funding valuations"
ocid: "ocds-h6vhtk-04e637"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04e637"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04e637.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04e637.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NORTHERN IRELAND ELECTRICITY NETWORKS"
published: "2026-01-09"
---

# CA300 (2025) - Provision of Pension Accounting Advisory Services and management of pension liabilities, including advising the company in relation to triennial scheme funding valuations

Buyer: NORTHERN IRELAND ELECTRICITY NETWORKS  
Current stage: Award  
OCID: ocds-h6vhtk-04e637

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## Summary

The public procurement process for CA300 (2025) involved the Northern Ireland Electricity Networks (NIE Networks) as the buying organisation, focusing on the provision of pension accounting advisory services and the management of pension liabilities. The procurement, classified under the CPV code for pension services, was conducted through a selective procurement method with a negotiated procedure after a prior call for competition. The contract location was specified in Northern Ireland, and the main category was services. The procurement process reached completion with an award made to Mercer Limited, with the contract signed on 12th December 2025 for a value of £890,000. This framework agreement spans an initial period of five years, with an option to extend for up to three more years, totalling a possible eight-year contract duration.

This tender presents significant opportunities for businesses specialising in pension services and consultancy to expand their operations and establish long-term contracts. It is particularly advantageous for organisations possessing expertise in managing pension liabilities and providing strategic advice on scheme funding valuations. The procurement's focus on high-quality services and competitive pricing criteria highlights that well-organised and financially competitive businesses are well-suited to tender for such contracts. The framework agreement entails repeat assignments and the opportunity to become a primary advisor to NIE Networks, making it an ideal proposition for both large-scale service providers and SMEs with relevant experience eager to broaden their client base and secure substantial contracts over several years.

## Notice

NIE Networks wishes to enter into a Framework Agreement with one suitably qualified and experienced organisation to provide management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. The service provider will provide a primary point of contact for NIE Networks. The Framework will be established for an initial period of 5 years with an option (exercisable entirely at NIE Network's Discretion) to extend for up to 3 further years (a maximum of 8 years).

### Lot Information

Lot 1

NIE Networks wishes to enter into a Framework Agreement with one suitably qualified and experienced organisation to provide management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. The service provider will provide a primary point of contact for NIE Networks. NIE Networks have a requirement for an experienced pension advisor to provide the following services (assignments) to the company three times in each annual period to meet International Accounting Standard 19 'Employee Benefits' (IAS 19) requirements for a) annual published accounts, b) interim published accounts and c) published regulatory accounts: * Formal terms of reference for each exercise, * Provision of advice and methodology in relation to financial and demographic assumptions to be used in IAS19 exercises, * Discussion with the company of approach to each exercise including assumption setting and accounting treatment of various items, * Provision of IAS19 calculations and disclosure requirements, * Preparation of formal reports to meet all IAS19 reporting and disclosure requirements In addition to the pension accounting services, additional advisory services are required so that the company can meet its requirements in managing pension liabilities, including advice in relation to triennial scheme funding valuations, reviewing the investment strategy of the scheme and implementing the scheme's long-term funding objectives. The Framework will be established for an initial period of 5 years with an option (exercisable entirely at NIE Network's Discretion) to extend for up to 3 further years (a maximum of 8 years).

Options: The Framework Agreement period is 5 (five) years with the option, exercisable exclusively by NIE Networks, to extend the Framework Agreement for up to a further 3 (three) years.

Renewal: The Framework Agreement period is 5 (five) years with the option, exercisable exclusively by NIE Networks, to extend the Framework Agreement for up to a further 3 (three) years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/001960-2026 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure with prior call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Jan 2026 |
| Submission deadline | 25 Mar 2025 |
| Future notice date | Not specified |
| Award date | 12 Dec 2025 |
| Contract period | Not specified |
| Recurrence | 96 months |

## Values

| Field | Value |
| --- | --- |
| Tender value | £890,000 |
| Lots value | £890,000 |
| Awards value | Not specified |
| Contracts value | £890,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORTHERN IRELAND ELECTRICITY NETWORKS |
| Additional buyers | NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED |
| Locality | BELFAST, |
| Post town | Northern Ireland |
| Postcode | BT9 5HT |
| Country | Northern Ireland |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Not specified |
| Electoral ward | Not specified |
| Westminster constituency | Not specified |
| Delivery location | TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MERCER |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services
- 66522000 - Group pension services
- 66523000 - Pension fund consultancy services
- 66523100 - Pension fund administration services

## Release History

- 9 Jan 2026 at 15:12 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001960-2026
- 21 Feb 2025 at 11:58 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006646-2025

## Notice URLs

- http://www.nienetworks.co.uk
- https://e-sourcingni.bravosolution.co.uk

## 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-h6vhtk-04e637. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04e637.json.