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PROCUREMENT OPPORTUNITY

Rail Network Investment Framework

Office of Rail and Road · Contract details notice on Find a Tender

Tender information last checkedLast checked 5 Oct 2026, 09:18.

Opportunity overview

The purpose of this project is to undertake an independent actuarial review of Network Rail's Industry Risk Fund (IRF) and Network Rail Risk Fee Fund (NRFF). Both funds are central mechanisms of the Rail Network Investment Framework (RNIF) and are designed to provide third-party promoters with protection against defined liabilities when delivering enhancement projects on the national rail network.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Government Actuary's Department

Match pending…
Contract value
£45.3k
Awarded
Not supplied
Contract signed
2 Jan 2026
Including VAT
£54.4k
Award ID
1
Status
active
Identifier
GB-PPON PJVY-9952-JQGR
Location
London, UKI42, E14 4PU, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-05e106
Status
complete
Procurement Method
open
Procurement Method Details
Below threshold - open competition

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
Office of Rail and Road
Id
GB-PPON-PMPH-6471-MDYY

Identifier

Scheme
GB-PPON
Id
PMPH-6471-MDYY

Address

Street Address
25 Cabot Square
Locality
London
Postal Code
E14 4QZ
Country
GB
Country Name
United Kingdom
Region
UKI42

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
Government Actuary's Department
Id
GB-PPON-PJVY-9952-JQGR

Identifier

Scheme
GB-PPON
Id
PJVY-9952-JQGR

Address

Street Address
6th Floor, 10 South Colonnade
Locality
London
Postal Code
E14 4PU
Country
GB
Country Name
United Kingdom
Region
UKI42

Contact

Roles

supplier

Details

Scale
large
Vcse
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
66171000
Description
Financial consultancy services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-PPON-PJVY-9952-JQGR
Name
Government Actuary's Department

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Status
active
Above Threshold
No
Date Signed
2 Jan 2026, 00:00

Period

Starts
5 Jan 2026, 00:00
Ends
18 Mar 2026, 23:59

Value

Including VAT
54,415.2
Amount
45,346
Currency
GBP

Documents

Entry 1
Id
000146-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
5 Jan 2026, 09:51
Format
text/html

Recorded locations

  • Buyer location · London · UKI42 · E14 4QZ · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 000146-2026Contract details notice on Find a Tender ·