Source: https://tendernation.io/opportunities/01a13ba1-8e2c-721d-9fbb-760117039019/great-british-nuclear-gbn-workplace-pension-scheme

closed GB open procedure

# Great British Nuclear (GBN) Workplace Pension Scheme

[Great British Nuclear ("GBN")](https://tendernation.io/buyers/great-british-nuclear-gbn)

Estimated value

£1,257,480

Published

22 Sept 2023

Deadline

Closed

23 Oct 2023

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

The Government is committed to a programme of new nuclear projects beyond Sizewell C, giving industry and investors the confidence, they need to deliver projects at speed. Great British Nuclear (GBN) was launched to lead delivery of a programme of new nuclear projects. GBN is an executive non-departmental public body, sponsored by the Department for Energy Security and Net Zero. GBN will implement UK policy on new nuclear generation, ensuring energy security and implement a programme that will deliver faster, better value projects with private sector investment.

GBN intends to establish a Defined Contribution (DC) pension plan for its employees which will also act as the auto-enrolment scheme. GBN is seeking a provider to establish a Defined Contribution workplace pension for its employees. All employees will be new staff as such there are no existing DC assets to transfer into the new pension plan. GBN reserves the right to extend the pension provision to any subsidiary which may be set up.

GBN reserves the right not to make any award at all, or where an award is made not to extend provision to any subsidiary which may be set up.

The estimated total value is indicative only and is based upon GBN’s current understanding of the market, the potential costs of the Total Expense Ratio charge and prior to the conduct of the competitive procurement process.

## CPV classification

Pension services Pension investment services Pension fund management services Group pension services Pension fund administration services Government employee pension schemes

Source

Find a Tender (UK) · Notice ocds-h6vhtk-040322-2023-09-22T16:28:44+01:00

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-040322-2023-09-22T16:28:44+01:00)

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