Award

Pensions actuarial support

  • Nuclear Decommissioning Authority

UK5: Transparency notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-013715

Procurement identifier (OCID): ocds-h6vhtk-04fef5 (view related notices)

Published 8 April 2025, 2:54pm



Scope

Reference

C25259

Description

Pensions actuarial advice to the NDA to support NDA's management of NDA group's pension schemes and liabilities.


Contract 1

Supplier

Contract value

  • £250,000 excluding VAT
  • £300,000 including VAT

Above the relevant threshold

Earliest date the contract will be signed

22 April 2025

Contract dates (estimated)

  • 23 April 2025 to 31 March 2026
  • 11 months, 8 days

Main procurement category

Services

CPV classifications

  • 66520000 - Pension services

Other information

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Direct award

Direct award justification

Additional or repeat goods, services or works - extension or partial replacement

GAD provide actuarial advice within Government and charge for their advice. As a government department, GAD do not aim to make a profit, and their fee rates are designed to cover their costs only and hence are significantly lower than comparable private sector fee rates. Government policy is that departments and other bodies should not buy externally when there is a public sector entity that can provide the advice.


Supplier

Government's Actuary Department

  • Public Procurement Organisation Number: PJVY-9952-JQGR

10 South Colonnade, Canary Wharf

London

E14 4PU

United Kingdom

Region: UKI42 - Tower Hamlets

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Contract 1


Contracting authority

Nuclear Decommissioning Authority

  • Public Procurement Organisation Number: PVDH-2346-PXDL

Herdus House Westlakes Science and Technology Park Moor Row

Cumbria

CA24 3HU

United Kingdom

Region: UKD11 - West Cumbria

Organisation type: Public authority - central government