2025/26 Pension Fund - Investment Advice (Recharge to Scheme)

{
  "awards": [
    {
      "id": "2",
      "items": [
        {
          "additionalClassifications": [
            {
              "description": "Pension investment services",
              "id": "66131100",
              "scheme": "CPV"
            }
          ],
          "id": "1",
          "relatedLot": "1"
        }
      ],
      "mainProcurementCategory": "services",
      "relatedLots": [
        "1"
      ],
      "status": "active",
      "suppliers": [
        {
          "id": "GB-PPON-PQPY-9576-LTNP",
          "name": "AON Investments"
        }
      ]
    }
  ],
  "buyer": {
    "id": "GB-PPON-PXPQ-2228-DGTY",
    "name": "Nuclear Restoration Services Limited"
  },
  "contracts": [
    {
      "aboveThreshold": true,
      "awardID": "2",
      "dateSigned": "2025-06-20T00:00:00+01:00",
      "documents": [
        {
          "datePublished": "2025-06-23T16:44:44+01:00",
          "description": "Contract details notice on Find a Tender",
          "documentType": "contractNotice",
          "format": "text/html",
          "id": "034506-2025",
          "noticeType": "UK7",
          "url": "https://www.find-tender.service.gov.uk/Notice/034506-2025"
        }
      ],
      "id": "2",
      "period": {
        "endDate": "2026-03-31T23:59:59+01:00",
        "startDate": "2025-06-23T00:00:00+01:00"
      },
      "status": "active",
      "title": "2025/26 Pension Fund - Investment Advice (Recharge to Scheme)",
      "value": {
        "amount": 1277931.0,
        "amountGross": 1533517.0,
        "currency": "GBP"
      }
    }
  ],
  "date": "2025-06-23T16:44:44+01:00",
  "id": "034506-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-0543a7",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Warrington",
        "postalCode": "WA3 6GR",
        "region": "UKD61",
        "streetAddress": "Hinton House, Birchwood Park Avenue, Risley"
      },
      "contactPoint": {
        "email": "alwena.owen@nrservices.uk",
        "name": "Alwena OWen"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.gov.uk/government/organisations/nuclear-restoration-services"
      },
      "id": "GB-PPON-PXPQ-2228-DGTY",
      "identifier": {
        "id": "PXPQ-2228-DGTY",
        "scheme": "GB-PPON"
      },
      "name": "Nuclear Restoration Services Limited",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "LONDON",
        "postalCode": "EC3V 4AN",
        "region": "UKI31",
        "streetAddress": "The Aon Centre, The Leadenhall Building, 122 Leadenhall Street"
      },
      "contactPoint": {
        "email": "lily.oliver-hall@aon.com"
      },
      "details": {
        "publicServiceMissionOrganization": false,
        "scale": "large",
        "shelteredWorkshop": false,
        "vcse": false
      },
      "id": "GB-PPON-PQPY-9576-LTNP",
      "identifier": {
        "id": "PQPY-9576-LTNP",
        "scheme": "GB-PPON"
      },
      "name": "AON Investments",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
  ],
  "tender": {
    "description": "The Trustee has appointed AON as the investment adviser for the pension scheme, in line with legal requirements for trustees to use regulated professionals. Investment advice costs are recharged to the pension fund, not paid directly by the employer, although the employer ultimately funds the scheme.",
    "documents": [
      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      }
    ],
    "id": "C24467",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "The Trustee has appointed Aon as the investment adviser, in compliance with legal requirements for pension schemes to engage a regulated professional. Under the ESPS rules, investment-related costs are the only fees that can be charged directly to the pension fund rather than the employer. Although the employer ultimately funds the scheme, these fees are recharged to the fund.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "additionalRepeatExtensionPartialReplacement"
      }
    ],
    "status": "complete",
    "title": "2025/26 Pension Fund - Investment Advice (Recharge to Scheme)"
  }
}