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The proposed arrangement is such that NRS/NDA would utilise an existing commercial MasterTrust to continue providing the necessary pensions arrangements for transferring employees of all the AGR sites that are transferring to NRS. The MasterTrust is a multi-employer pension scheme, unlike traditional schemes which typically serve a single employer or a group of related companies. MasterTrusts are established and managed by a scheme funder that supports the trust financially. An aspect of the management of the MasterTrust will be exempt from application of the Procurement Act 2023, pursuant to paragraphs 15 and 16 of Part 2 of Schedule 2, albeit it is not currently known if that will be the main purpose. To the extent that it is exempt, this notice is published on a voluntary basis.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| Legal & General Resources Limited | 01417162 | £20,000,000 | 1 lot Lot 1 | - |
Taken from this notice, not from Companies House. Check the original notice — details change and are not updated here.
This procurement was divided into 1 lots, each awarded separately.
| Lot | Value | Awarded To | Status |
|---|---|---|---|
| Lot 1 | - | pending |
This supplier has only 1 government contract in our database. These payments are likely for this contract.
£688,964 paid vs £20,000,000 contract value (3% of stated value). Only payments over £25k are included.