Official UK procurement notice
2025/26 Pension Fund - Actuarial Services
Authority: Nuclear Restoration Services Limited (Public body)
What is being bought
Published requirement descriptionThe trustee of the Magnox Group of ESPS is obliged under pension legislation (originally Pensions Act 1995) to appoint a scheme actuary. Damien Kelson, who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically.
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 5 Jun 2025, 14:28 BST
- Last source update
- 21 Apr 2026, 10:52 BST
- Authority reference
C24413- FTS notice number
2026/S 000-035960- Latest notice
- Contract termination notice (UK11)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-0543b7Find a Tender
- Why no open competition
- Additional Repeat Extension Partial Replacement
- Published justification
The Trustee are required to formally appoint an Actuary under pension legislation and can only rely on advice from an Actuary – AON were chosen by the Trustee. The trustee of the Magnox Group of ESPS is obliged under pensions legislation (originally Pensions Act 1995) to appoint a scheme actuary. An individual who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically. NRS has no influence over the appointment of service providers or the determination of these costs.
How it was run
Official notice- Submission deadline
- —
Timeline
16 Jun 2025 → 21 Apr 2026 · 2 dates- Standstill ends16 Jun 2025, 23:59 BST
- Notice published189 days ago21 Apr 2026, 10:52 BST
Notice history
5 events · 4 releases on Find a Tender · since 5 Jun 2025- Transparency notice published5 Jun 2025, 14:28 BSTUK5
- Contract award notice published5 Jun 2025, 14:56 BSTUK6
- Contract details notice published24 Jun 2025, 08:41 BSTUK7
- Contract signature expected30 Jun 2025, 23:59 BSTscheduled
- Contract termination notice published21 Apr 2026, 10:52 BSTUK11
Routine re-releases (4)
- 2025-06: 1 release · 5 Jun 2025
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Aon Solutions UK LimitedPension Fund - Actuarial Services1 Jul 2025 – 31 Mar 2026 | £1,101,750same award published again · counted once | 4 Jun 2025standstill to 16 Jun 2025 | Standstill |
| Aon Solutions UK Limited | £1,101,750 † | — | Awarded |
Contracts
Pension Fund - Actuarial Services · Aon Solutions UK Limited
- Signed
- 20 Jun 2025
- Value
- £1,101,750
- Period
- 24 Jun 2025 – 31 Mar 2026
- Status
- terminated
- Final value
- £935,326
- Termination
- contractCompleted
Contracting authority & participating public bodies
Bidders & participating suppliers
2 commercial parties on the notice- AON Solutions UK LimitedAwarded supplier
- AON Solutions UK LimitedAwarded supplier
Official documents & specifications (4)
Official links; attachments are not copiedNotices published for this procedure
- Contract termination notice Contract termination notice on Find a Tender
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender