Awarded contract

Pension investment services

Details

Supplier(s)
Redington Ltd
Value
£8,000,000
Duration
8 years
Topic
Pension investment services
Published
23 October 2019

Tender description

The Trustee of the Combined Nuclear Pension Plan requires an investment adviser to provide investment advice in relation to the defined contribution arrangements within the plan. The Trustee is conducting this procurement as if it were subject to the requirements of the Public Contract Regulations 2015. The Trustee of the Combined Nuclear Pension Plan requires an Investment Adviser to provide investment advice in relation to the defined contribution arrangements within the plan. The Trustee is conducting this procurement as if it were subject to the requirements of the Public Contract Regulations 2015.

Timeline

  1. Completed: Award date16 October 2019
  2. Completed: Award published23 October 2019
    Current notice
  3. Next: Contract expiry date4 September 2027in 11 months

About the buyer

Nuclear Decommissioning Authority (NDA) is a non-departmental public body that oversees the clean-up of the UK's former nuclear sites, sponsored by the Department for Energy Security and Net Zero. Suppliers register and bid through OneNDA, its eCommercial portal. Contract awards above a set value are published on Find a Tender, and framework agreements route further work through government procurement hubs. Four group companies, including Sellafield and Nuclear Restoration Services, deliver its site programmes. Meet the Buyer events connect suppliers with upcoming opportunities across the group. The authority has set a target for 9% direct spend with SMEs by 2027/28.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of NDA's contract awards have been in research and development, business services and IT services.

Relevant CPV codes

  • 66131100 · Pension investment services

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Decision makers

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