RFP QuestBeta
Awarded · ResultStage · contract

International Nuclear Services Ltd

GPS Energy Solutions Section of the Combined Nuclear Pension Plan

Financial ServicesCPV 66000000
Value£24.6m
Awarded15 Apr 2019
Published7 Jun 2019
RegionUK-wide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£24.6mtotal contract value
median £150k
this tender£0£26.6m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

This procurement is being undertaken by the Trustee of the Combined Nuclear Pension Plan ("the Trustee").

It relates to liabilities in respect of the GPS Energy Solutions Section of the Combined Nuclear Pension Plan ("the Section" and "the Plan" respectively).

The Plan is a multi-employer final salary pension arrangement with a separate ring-fenced section for each employer or employment group.

The Nuclear Decommissioning Authority (NDA), while not an employing entity is the Lead (Principal) Company for many of the sections.

This annuity is only in respect of the Section (the EnergySolutions EU Limited section), although the Plan may seek to secure further bulk annuities for other sections in future.

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Source & provenance
OCID
b69ed386-2650-4af1-8225-1d333975a8d7
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
20190607123019-11416
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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