---
title: "2026/27 Pension Fund - Actuarial Services"
ocid: "ocds-h6vhtk-068ef5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-068ef5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-068ef5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-068ef5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NUCLEAR RESTORATION SERVICES LIMITED"
published: "2026-06-23"
---

# 2026/27 Pension Fund - Actuarial Services

Buyer: NUCLEAR RESTORATION SERVICES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-068ef5

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## Summary

The public procurement process for the 2026/27 Pension Fund Actuarial Services, led by Nuclear Restoration Services Limited, has been completed with a direct award to AON Solutions UK Limited. This contract, identified as C30429, is governed by the legal framework set out in the UKPGA 2023/54 and aims to provide mandatory professional actuarial services for the Magnox Group of the Electricity Supply Pension Scheme. Located in Warrington, the buying organisation operates as a sub-central government public authority. The procurement progressed through direct award due to statutory obligations under the Pensions Act 1995, with the contract period spanning from 23 June 2026 to 31 March 2027. The gross contract value is £1,470,600, with significant milestones scheduled and managed to ensure service delivery aligned with funding and valuation objectives.

This tender presents robust opportunities for businesses offering actuarial and consultancy services, ideally suited to large enterprises like AON Solutions UK Limited, which has the capability and expertise in addressing complex pension service requirements. The focus on providing high-quality services against a structured set of KPIs ensures that there is potential for reliable revenue streams and business growth. Particularly for firms capable of delivering significant valuation and funding consultations, similar future opportunities can be leveraged by maintaining strategic partnerships and demonstrating cost-efficient, reliable service delivery within the public sector framework.

## Notice

The Trustee of the Magnox Group of the ESPS is required, under pension legislation (originally the Pensions Act 1995), to appoint a Scheme Actuary. The current Scheme Actuary is appointed through Aon. This represents the cost associated with the provision of mandatory professional actuarial services to the Trustee. The appointment is subject to periodic review by the Trustee.

### Planning Information

NRS has no influence over the appointment of service provider.

### Procurement Information

The trustee of the Magnox Group of the Electricity Supply Pension Scheme (ESPS) is obliged under pensions legislation (originally the Pensions Act 1995) to appoint a scheme actuary. The scheme actuary is employed by Aon. This cost relates to the provision of mandatory professional actuarial services to the trustee. The appointment of the scheme actuary is subject to periodic review by the trustee. NRS has no influence over the appointment of service providers or the determination of these costs.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/059072-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Planning, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2026 |
| Submission deadline | Not specified |
| Future notice date | 1 May 2026 |
| Award date | 12 May 2026 |
| Contract period | 22 Jun 2026 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,225,500 |
| Lots value | Not specified |
| Awards value | £1,225,500 |
| Contracts value | £1,225,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active, Pending |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NUCLEAR RESTORATION SERVICES LIMITED |
| Locality | WARRINGTON |
| Post town | Warrington |
| Postcode | WA3 6GR |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD6 Cheshire |
| ITL 3 | TLD61 Warrington |
| Local authority | Warrington |
| Electoral ward | Birchwood |
| Westminster constituency | Warrington North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AON SOLUTIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services
- 66520000 - Pension services

## Release History

- 23 Jun 2026 at 14:33 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/059072-2026
- 10 Jun 2026 at 13:16 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/054777-2026
- 12 May 2026 at 14:33 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/043558-2026
- 30 Apr 2026 at 09:56 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/039717-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/059072-2026
  23rd June 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/054777-2026
  10th June 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/043558-2026
  12th May 2026 - Transparency notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/039717-2026
  30th April 2026 - Preliminary market engagement notice on Find a Tender

## Notice URLs

- https://www.gov.uk/government/organisations/nuclear-restoration-services
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-068ef5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-068ef5.json.