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Actuarial Advisory Services Framework

Original Pensions Actuarial Advisory Services Framework

Open Contract notice 26 days left
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  1. Published
  2. Today
  3. Deadline open for 27 days
  4. Awarded pending

Summary

Machine-generated summary

The buyer is seeking to establish a framework for the provision of actuarial advisory services to Group Pensions. The scope may cover advice on accounting, funding, investment, governance, benefit strategy and design, mergers and acquisitions and other corporate restructuring, risk management, and HR and people issues connected to pensions and benefits. The summary text does not specify the buyer's name, location, estimated contract value, or submission deadline. It is a framework agreement procedure, and interested providers of actuarial advisory services would bid for a place on the framework. Small specialist firms with pensions actuarial expertise may consider participating.

Description

National Grid is seeking to establish a multi-supplier framework agreement for the provision of Pensions Actuarial Advisory Services and related pensions, employee benefits, risk management, governance, and advisory support services across its UK pension arrangements. The framework will support both business-as-usual activities and project-based requirements and will be available for use by National Grid and its associated entities. The framework is intended to provide access to suitably qualified suppliers capable of delivering specialist advice and support across a range of areas, including but not limited to: Pensions actuarial and accounting advice. Pension scheme funding and investment strategy support. Governance and regulatory advisory services. Pension benefit design and reward strategy. Corporate transactions, mergers and acquisitions support. Pension risk management and financial wellbeing advisory services. Employee benefits and related consultancy services. National Grid intends to appoint up to nine (9) suppliers to the framework. The framework will operate through individual call-off engagements awarded either through direct award or mini-competition, depending on the nature of the requirement and the capabilities required. National Grid does not guarantee any minimum volume or value of work under the framework. The estimated value of the framework is £5.2 million over its full potential term, comprising an initial five (5) year term with the option to extend for up to three (3) additional one-year periods. Services will be supplied on an as-needed basis in accordance with the framework agreement and the requirements of individual call-off engagements.

Official source

Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)

Always verify details on the official notice.

Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 14 minutes ago

Documents on Find a Tender Service (UK Cabinet Office / Crown Commercial Service) (English)

View the official notice

More from this buyer

Full buyer profile

9 open tenders right now

This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - United Kingdom

Company Wins Total awarded Last win
Arthur J. Gallagher Insurance Brokers Ltd 11 €2.3M Aug 2026
ALLPAY LIMITED 4 €3.0M Jul 2026
KPMG LLP 3 €759,475 Aug 2026
EVOUCHERS LIMITED 2 €1.7M Aug 2026
AVC Wise Limited (T/a My Money Matters) 2 €454,227 Aug 2026

Based on 77 awards with a linked company profile over the last 2 years.

Change history

Every time an official source republished this notice with different content. We watch every source we index, including regional copies of the same notice.

  1. Read before bidding
    • Title: "Actuarial Advisory Services Framework" to "Pensions Actuarial Advisory Services Framework"
    • Status: Now marked as Open
    • Main CPV code: "66519600" to "66520000"
    • Estimated value: Lowered to €6,052,494 (-21%)
    • Submission deadline: Deadline set: October 7, 2026, 15:00
    • Scope and criteria: The description was expanded. Re-read it before you bid.
    • Procedure: "Restricted procedure" to "Open procedure"
    • Estimated value: Lowered to €5,200,000 (-20%)

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Market context

Avg. open tender · Financial & insurance services
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Buyer track record on Aperlena
14 notices tracked · 3 awarded

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