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Contract award record

GPS Energy Solutions Section of the Combined Nuclear Pension Plan

Tender value £25,000,000

Notice details

Published
Category
services
Buyer region
North West

Public buyer and contract winner

awarded to

Contract winner

Just Retirement Limited

Award value£24,640,000

  1. Awarded
    Completed
  2. Start
    Completed
  3. End
    Completed

Work description

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: Contracts Finder · Notice b69ed386-2650-4af1-8225-1d333975a8d7-293905

View source notice