2025/26 Pension Fund - Actuarial Services

Nuclear Restoration Services
North West
Direct award
24 June 2025 to 31 March 2026

Provision of mandatory scheme actuary services for the Magnox Group of the Electricity Supply Pension Scheme (ESPS). The work involves statutory actuarial duties as required under the Pensions Act 1995, ensuring ongoing regulatory compliance and professional oversight of the pension fund's financial obligations.

Open the official notice

Awarded value: £1.1m; As published
Published: 5 June 2025; Find a Tender
Awarded: 20 June 2025; Maven Public Sector
Contract length: 9 months; Ends 31 March 2026

What the buyer is asking for

Provision of specialist actuarial and pension scheme advisory services for large-scale corporate and public sector pension funds.

Lifecycle

Publishedon Find a Tender
5 June 2025
Contract awardedto Maven Public Sector
20 June 2025
Contract starts
24 June 2025
Contract ends
31 March 2026

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See the pension actuary market: prices, buyers and who wins →

The buyer

Type: Other public body
Pension actuary contracts, 24 months: 4
Open pension actuary tenders: 0
Typical pension actuary contract: £580k

See everything Nuclear Restoration Services buys →

How it compares

11.0× the typical pension actuary contract (£100k).

Cite this contract

Link: https://bidskim.com/tender/322908/2025-26-pension-fund-actuarial-services
Buyer reference: C24413
Open contracting ID: ocds-h6vhtk-0543b7
Source: Find a Tender
Last checked: 12 October 2026

Nuclear Restoration Services. 2025/26 Pension Fund - Actuarial Services. Contract award, 5 June 2025. BidSkim, https://bidskim.com/tender/322908/2025-26-pension-fund-actuarial-services (accessed 12 October 2026).