Source: https://tendernation.io/opportunities/01a13be3-cd68-7250-bb6b-630ac47a2ee4/pensions-actuarial-advisory-services-framework closed GB open procedure # Pensions Actuarial Advisory Services Framework [National Grid UK Limited](https://tendernation.io/buyers/national-grid-uk-limited) Estimated value £5,200,000 Published 10 Sept 2026 Deadline Closed 7 Oct 2026 ## Who can bid - Sets up a framework Winning a place does not guarantee work: contracts are awarded later as call-offs, and the list usually stays closed for years. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender 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. Read full description ## CPV classification Pension services Source Find a Tender (UK) · Notice ocds-h6vhtk-06c9d8-2026-09-10T18:40:33+01:00 [View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-06c9d8-2026-09-10T18:40:33+01:00) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile National Grid UK Limited: past awards and live tenders](https://tendernation.io/buyers/national-grid-uk-limited) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Insurance Procurement · Local Space · 27 days left · 13 Nov 2026](https://tendernation.io/opportunities/01a14427-99f2-714c-89ff-b2d3a77e9b3d/insurance-procurement) [Portfolio management services – Kuhmon kaupungin varainhoidon palveluiden hankinta · Kuhmon kaupunki · 29 days left · 16 Nov 2026](https://tendernation.io/opportunities/01a14210-0f58-712c-8802-4349ba955dee/finland-portfolio-management-services-kuhmon-kaupungin-varainhoidon-palvelui) [Insurance services – DCE 2026-103-01 - Assurances Dommages aux biens · Institut Technologique Fcba · 43 days left · 30 Nov 2026](https://tendernation.io/opportunities/01a1420f-fd77-715c-8e37-28d3e608ef74/france-insurance-services-dce-2026-103-01-assurances-dommages-aux-biens) [Insurance services – Eigenrisicodragerschap WGA · ABG-organisatie · 36 days left · 23 Nov 2026](https://tendernation.io/opportunities/01a1420f-ffed-70f7-bb52-75984a3590bc/netherlands-insurance-services-eigenrisicodragerschap-wga) [Financial leasing services – Leasing zwrotny finansowy środków trwałych · Miejskie Przedsiębiorstwo Oczyszczania Spółka z o.o. · 12 days left · 30 Oct 2026](https://tendernation.io/opportunities/01a14210-0bfa-7028-91b2-1e7bd0a06fb2/poland-financial-leasing-services-leasing-zwrotny-finansowy-srodkow-trwalych) [Financial leasing services – Förmånscyklar · Region Halland · 28 days left · 14 Nov 2026](https://tendernation.io/opportunities/01a14210-0b2b-7136-a618-74fc1f5e82fd/sweden-financial-leasing-services-formanscyklar)