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Provision of a Pension Administration Service - ESPS

Nuclear Restoration Services Limited · Local or regional public body

In brief

Nuclear Restoration Services Limited has announced plans to buy financial services work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £3,500,000 excluding VAT.

The contract runs for 47 months, starting 1 July 2027.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Typical: a median of 3 bids per contract for this buyer (from 17 awards in the last 12 months).

What the notice says

The Trustee of the Electricity Supply Pension Scheme (ESPS) requires the provision of pensions administration services to support the ongoing operation and management of the Scheme. The ESPS is a multi-employer scheme comprising four sections relevant to this requirement: 1) Atkins 2) Nationsl Nuclear Laboratories 3) Cavendish Nuclear Costs associated with the administration of the Scheme are apportioned across participating employers based on member volumes and are recharged via established finance arrangements alongside other scheme-related administrative costs. The Magnox Group is one of 24 employer groups participating in the ESPS, and a single supplier currently acts as administrator for 16 of these groups.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Pipeline notice · UK1, notice 043703-2026

Last time this was bought

Pension Trustee Services

Won by
Capital Cranfield Pension, The Law Debenture Pension Trust Corporation P.L.C.
Awarded
27 April 2026
Value
Not stated, or split across lots
Contract ends
27 April 2032

Matched on Nuclear Restoration Services Limited, the type of work and the title; it may be a related contract rather than the same one. Check the notice to be sure.

About the buyer

Procurements

361

Awards

301

Suppliers it has used most for financial services

  1. Provision of Corporate and Professional Services to Big Life Schools Multi Academy Trust

    Big Life SchoolsNorth WestFinancial services and insurance, IT services and software

    Open8 days leftSuitable for SMEs

    £545kestimated
  2. Motor Fleet Insurance Renewal

    James Paget University Hospitals NHS Foundation TrustNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Open9 days left

    £21kestimated
  3. ESNEFT 3197 Charitable Funds Investment

    East Suffolk and North Essex NHS Foundation TrustNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Open11 days leftExpress interestSuitable for SMEs

    £278kestimated
  4. The Provision of Firefighter Pension and Administration and Pensioner Payroll Services

    Cleveland Fire AuthorityNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Open34 days leftSuitable for SMEs

    £500kestimated

From notice 043703-2026 on Find a Tender, first published 13 May 2026. We last checked for changes on 28 September 2026.