AWARD OUTCOME
What happened
The Pension Protection Fund has announced an award to Aon Solutions UK Ltd for specialist actuarial consultancy covering a Funding Framework Review and a Long-Term Risk Model review.
Published outcomeOne active award, valued at £249,500 gross, is recorded for Aon Solutions UK Ltd. The notice records a future signature date of 7 October 2026 and a planned service period from 8 October to 31 December 2026; it does not explicitly confirm that a contract has been signed.
Market significanceThis is a short-duration, specialist actuarial-services engagement supporting the PPF’s funding strategy, risk governance and long-term risk-model assurance.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
Aon Solutions UK Ltd
99% confidenceAward 1 · Lots 1 · 249500 GBP · active
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Award 1 names Aon Solutions UK Ltd as its supplier and records gross value of GBP 249,500. The award relates to lot 1.
LIFECYCLE
Award or contract stage
Published status
98% confidenceContract award notice published; award status active
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The process is labelled “Contract award notice on Find a Tender”; award 1 has status “active”.
Award decision date
95% confidence11 May 2026
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Award 1 date is 2026-05-11.
Signature status
98% confidenceNot explicitly confirmed; signature was scheduled for 7 October 2026
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Award milestone type is “futureSignatureDate”, due 2026-10-07T23:59:59+01:00, with status “scheduled”.
Planned contract start
98% confidence8 October 2026
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Award 1 contractPeriod.startDate is 2026-10-08.
VALUES
Published values explained
Award value
99% confidence£249,500 gross
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Award 1 value.amountGross is 249500 and currency is GBP.
Lot-level value
99% confidenceNot published
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Lot 1 has no value amount or currency in the supplied record.
TIMELINE
Procurement timeline
Award decision date
95% confidence11 May 2026
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Award 1 date is 2026-05-11.
Award notice publication
99% confidence7 October 2026, 14:27 BST
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Award notice document 094797-2026 was published at 2026-10-07T14:27:20+01:00.
Scheduled signature date
98% confidence7 October 2026
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The futureSignatureDate milestone is due on 2026-10-07.
Planned service period
99% confidence8 October 2026 to 31 December 2026
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Award 1 contractPeriod runs from 2026-10-08 to 2026-12-31T23:59:59+00:00.
SCOPE
What was awarded
Service category
99% confidenceActuarial services
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Award item classification is CPV 66519600, “Actuarial services”.
Funding Framework Review
98% confidenceIndependent review of the PPF Funding Framework’s objectives, risk thresholds, methodology and governance, supporting an updated funding strategy and governance framework.
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The tender description sets out CS1039 A - Funding Framework Review.
Long-Term Risk Model review
98% confidenceIndependent review of the PPF Long-Term Risk Model methodology, implementation, controls and governance.
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The tender description sets out CS1039 E - Long-Term Risk Model (LTRM) Review.
Delivery location
86% confidenceCroydon area (UKI62)
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Award item delivery address is region UKI62; the buyer address is in Croydon, CR0 2NA.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceSelective
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Tender procurementMethod is “selective”.
Award route
99% confidenceAward under framework
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Tender procurementMethodDetails is “Award under framework”.
Related framework
98% confidenceocds-h6vhtk-05196d, related framework lot 5
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The relatedProcesses entry identifies framework OCID ocds-h6vhtk-05196d and related lot 5.
Competition flag
92% confidenceRecorded as non-competitive
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Tender competitive field is false.
Bidder count and evaluation detail
99% confidenceNot published
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The supplied notice data contains no bid count, tenderer list, scores or evaluation narrative.
CONTRACT TERMS
Published contract terms
Recorded award period
99% confidence8 October 2026 to 31 December 2026
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Award 1 contractPeriod specifies these start and end dates.
Extensions or options
99% confidenceNot published
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No extension, option or renewal terms are present in the supplied record.
Contract execution
98% confidenceNot explicitly confirmed
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The supplied award has a scheduled futureSignatureDate milestone rather than an explicit signed-contract confirmation.
COMMERCIAL VIEW
Commercial observations
Engagement structure
96% confidenceA single supplier has been awarded one combined engagement covering two defined actuarial review workstreams.
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Award 1 names one supplier and the tender title and description cover CS1039 A and CS1039 E.
Value attribution
98% confidenceThe £249,500 gross amount is an award-level value for the combined engagement, not a published split between the two workstreams.
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The award has one gross value while lot 1 has no separate value and the notice does not provide workstream allocations.
DATA QUALITY
Gaps and source limitations
Contract signature evidence
98% confidenceInformation not supplied in the published notice.
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A signature date is scheduled, but no explicit signed-contract status or execution date is provided.
Lot detail
99% confidenceInformation not supplied in the published notice.
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Lot 1 has no title, description or separate value in the supplied lot record.
Competition and evaluation
99% confidenceInformation not supplied in the published notice.
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No bidder count, pricing breakdown, evaluation scores or award rationale is provided.
Renewal terms
99% confidenceInformation not supplied in the published notice.
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No options, extensions or renewal provisions are included.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The supplied record does not explicitly confirm that the contract was signed.
- No lot-level title, description or value is published for lot 1.
- No bidder count, evaluation detail, pricing breakdown or award rationale is published.
- No extension, option or renewal terms are published.
MARKET THEMES
Relevant award themes
Pension Protection FundAon Solutions UK Ltdactuarial servicesFunding Framework ReviewLong-Term Risk Model reviewCS1039
COMMON QUESTIONS
About this award
Who won the PPF specialist actuarial consultancy award?
Aon Solutions UK Ltd is named as the supplier for award 1.
What is the recorded award value?
The award-level value is £249,500 gross.
Has the contract been confirmed as signed?
No. The supplied record shows a signature date scheduled for 7 October 2026, but does not explicitly confirm execution.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.