Find a TenderClosedTender notice
Published 17 Jun 2026, 15:00 BST

Official UK procurement notice

Defined Contribution Pension Administration and Investment Services

Official notice

Authority: COMBINED NUCLEAR PENSION PLAN TRUSTEES LIMITED (Public body)·On behalf of: MUSE ADVISORY LIMITED

ServicesOpen procedureAbove threshold
Published estimate£37,500,000≈ £6.3m / year · £37,500,000 inc. VAT · 1 value update
Submissions closed 24 Aug 2026
Contract term 6 yrsends 13 Mar 2033 · up to 13 Mar 2037 with extensions · starts 14 Mar 2027

What is being bought

Published requirement description

Combined Nuclear Pension Plan Trustees Limited (the "Trustee") intends to procure a bundled defined contribution pension service, comprising administration and investment services, including the provision of services for both pension accumulation and decumulation.

The services will support a multi-employer pension arrangement with approximately 16,000 members and assets of approximately £1.2 billion. The contract is expected to commence on 14th March 2027.

CPV: Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1Renewal 6 yrsPublished value£37,500,000
Contract period: 14 Mar 2027 – 13 Mar 2033 (6 yrs) · up to 13 Mar 2037 with extensionsValue: £37,500,000 exc. VAT · £37,500,000 inc. VAT
Delivery: UK
Extensions: By mutual agreement

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 80%Price: 10%Environmental: 10%
Published sub-criteria (7)
  • Transition of services and assets: 10%
  • Member experience: 30%
  • Client experience: 15%
  • Fund range and default requirements: 20%
  • Contracts: 5%
  • Costs: 10%
  • Low risk, well controlled and sustainable operation: 10%
Published award criteria (7)
  • Low risk, well controlled and sustainable operation
  • Transition of services and assets
  • Member experience
  • Client experience
  • Costs
  • Fund range and default requirements
  • Contracts
What this means for your bid
  • Price carries 10 of 100 points: a 10% discount moves about 1 point. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
17 Jun 2026, 15:00 BST
Last source update
28 Jul 2026, 16:42 BST
Award evaluation window
Submission end – 6 Nov 2026
FTS notice number
2026/S 000-071415
Latest notice
Tender notice (UK4)
Classification (CPV)
Financial and insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-06b736 Find a Tender

How it was run

Official notice
Submission deadline
24 Aug 2026, 17:00 BST
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

17 Jun 2026 → 14 Mar 2027 · 6 dates
  1. Planning notice published132 days ago
    17 Jun 2026, 15:00 BST
  2. Market engagement125 days ago
    24 Jun 2026, 23:59 BST

    Service providers who express an interest in the premarket engagement may request a questionnaire from paul.armitage@museadvisory.com including the following detail:

    • Quote Reference: CNPP-DC Administration
    • Full name
    • Company/organisation name
    • Contact details: email and phone number

    The Trustee would like service providers to respond to the request for premarket engagement before 5pm on 24th June 2026. Responses should be sent to paul.armitage@museadvisory.com

    Once the preliminary market engagement has closed, the Trustee will review feedback received to inform the structure and approach to the forthcoming procurement.

  3. Tender notice published91 days ago
    28 Jul 2026, 16:42 BST
  4. Submission deadline64 days ago
    24 Aug 2026, 17:00 BST
  5. Today
    28 Oct 2026
  6. Award decision expected byin 9 days
    6 Nov 2026, 23:59 GMT
  7. Contract startsin 136 days
    14 Mar 2027

Notice history

6 events · 2 releases on Find a Tender · since 17 Jun 2026
  1. Preliminary market engagement notice published
    17 Jun 2026, 15:00 BST
    UK2
  2. Tender notice published
    28 Jul 2026, 16:42 BST
    UK4
  3. Published value published: £37,500,000
    28 Jul 2026, 16:42 BST
  4. Status changed to active
    28 Jul 2026, 16:42 BST
  5. Procurement method changed
    28 Jul 2026, 16:42 BST
  6. Deadline published: 24 Aug 2026, 17:00 BST
    28 Jul 2026, 16:42 BST

Contracting authority & participating public bodies

2 public bodies on the notice

COMBINED NUCLEAR PENSION PLAN TRUSTEES LIMITED

Contracting authorityPrivate utility GB-COH: 05872585 · GB-PPON: PRQG-6555-YTBR Herdus House Ingwell Drive, Moor Row, North West, CA24 3HUContact email

Other public bodies

  • MUSE ADVISORY LIMITEDProcess contact pointProcuring entityResponding to queriesGB-COH: 05948671GB-PPON: PHBP-2441-MCLT Hemel Hempstead, East of EnglandContact email

Official documents & specifications (3)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure