AWARD OUTCOME
What happened
South Tyneside Borough Council has published a pending award decision for actuarial services for the Tyne and Wear Pension Fund. The intended supplier is AON SOLUTIONS UK LIMITED, with a gross award value of £1,400,000.
Published outcomeAward decision pending standstill and a future signature milestone; the supplied data does not evidence a signed or active contract.
Market significanceThis is a £1.4m gross, above-threshold services award made through a framework, with an intended term running from January 2027 to December 2035 and up to one 12-month extension.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
AON SOLUTIONS UK LIMITED
99% confidenceAward 1 · Lots 1 · 1400000 GBP · Pending award
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Award 1 names Aon Solutions UK Limited as supplier and gives £1,400,000 gross. Supplier verification identifies the legal company as AON SOLUTIONS UK LIMITED (company number 04396810).
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract award notice on Find a Tender
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Published document is described as “Contract award notice on Find a Tender”.
Award status
99% confidencePending
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Award 1 has status “pending”.
Contract status
98% confidenceNot evidenced as signed or active
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The award is pending and lists a scheduled future signature date; no concluded contract record is supplied.
Standstill period
98% confidenceEnds 23 October 2026, 23:59:59 BST
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Award 1 standstillPeriod.endDate is 2026-10-23T23:59:59+01:00.
Future signature milestone
98% confidence1 November 2026
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Award milestone type “futureSignatureDate” is scheduled for 2026-11-01T23:59:59Z.
VALUES
Published values explained
Award value
99% confidence£1,400,000 gross
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Award 1 value.amountGross is 1400000 GBP.
Value allocation
96% confidenceSingle pending award to the named supplier
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Award 1 identifies one supplier, Aon Solutions UK Limited, and covers lot 1.
TIMELINE
Procurement timeline
Award decision date
99% confidence9 October 2026
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Award 1 date is 2026-10-09.
Notice publication
99% confidence9 October 2026
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The award notice datePublished is 2026-10-09T14:34:08+01:00.
Planned contract start
98% confidence1 January 2027
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Award 1 contractPeriod.startDate is 2027-01-01.
Planned base end
98% confidence31 December 2035
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Award 1 contractPeriod.endDate is 2035-12-31.
Maximum possible end
98% confidence31 December 2036
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Award 1 contractPeriod.maxExtentDate is 2036-12-31.
SCOPE
What was awarded
Requirement
99% confidenceActuarial services for the Tyne and Wear Pension Fund
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Process title and description state provision of actuarial services for the Tyne and Wear Pension Fund.
Lot
98% confidenceLot 1
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The award is related to lot 1; the lot status is complete.
Procurement category
99% confidenceServices
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Award 1 mainProcurementCategory is services.
Classification
98% confidenceCPV 66141000 — Pension fund management services
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Award item 1 lists CPV 66141000 with this description.
Delivery region
95% confidenceUKC
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Award item delivery address specifies region UKC.
PROCEDURE
Procedure and competition
Procedure
99% confidenceSelective procedure
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Tender procurementMethod is selective.
Award route
99% confidenceAward under framework
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Tender procurementMethodDetails is “Award under framework”.
Competition flag
95% confidenceCompetitive
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Tender competitive field is true.
Threshold
99% confidenceAbove threshold
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Award 1 aboveThreshold is true.
Framework reference
97% confidenceocds-h6vhtk-05196d
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Related process identifies framework OCID ocds-h6vhtk-05196d.
CONTRACT TERMS
Published contract terms
Intended contract period
98% confidence1 January 2027 to 31 December 2035
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Award 1 contractPeriod specifies these start and end dates.
Extension provision
99% confidenceUp to one 12-month extension
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Award renewal states “One x 12 months extension maximum”.
Maximum term extent
98% confidenceUntil 31 December 2036
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Award 1 maxExtentDate is 2026-12-31.
COMMERCIAL VIEW
Commercial observations
Commercial position
96% confidenceFramework award with a single named intended supplier
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The notice states award under framework; award 1 names one supplier and relates to lot 1.
Award maturity
98% confidenceCommercial outcome remains subject to pending award and standstill/signature steps
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Award status is pending, standstill ends 23 October 2026, and a future signature milestone is scheduled.
DATA QUALITY
Gaps and source limitations
Pending status
99% confidenceThe published record is a pending award, not evidence of a signed contract.
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Award 1 status is pending and a future signature milestone is scheduled.
Lot detail
99% confidenceLot 1 has no published title, description or separate value.
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Lot record has null title, description and value.
Evaluation detail
98% confidenceInformation not supplied in the published notice.
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No bid counts, bidder list, scoring, pricing breakdown or award rationale is included in the supplied data.
Date consistency
96% confidenceThe maximum extent date supports the stated 12-month extension, but the contract remains unexecuted in the supplied record.
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Base end is 31 December 2035; maximum extent is 31 December 2036; award status is pending.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The record is a pending award decision; it does not evidence that a contract has been signed, commenced or remains active.
- Information not supplied in the published notice: tender submission dates, bid counts, evaluation scores, award rationale, pricing breakdown and savings.
- Lot 1 has no published title, description or individual lot value.
- No detailed service specification or performance measures are supplied.
MARKET THEMES
Relevant award themes
Tyne and Wear Pension Fundactuarial servicesSouth Tyneside Borough CouncilAON SOLUTIONS UK LIMITEDframework awardpension fund management services
COMMON QUESTIONS
About this award
Who is the intended supplier?
AON SOLUTIONS UK LIMITED is named for the pending award.
What is the award value?
The published gross award value is £1,400,000.
Has the contract been signed?
No signed contract is evidenced in the supplied data. The award is pending and a future signature date is scheduled.
When is the planned contract period?
The published intended period is 1 January 2027 to 31 December 2035, with up to one 12-month extension.
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.