Tender

TEN-1920-022 - Proxy voting research & services

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Tender

20 Dec 2019 at 14:18

Tender Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) is inviting tenders for the project titled "TEN-1920-022 - Proxy voting research & services," aimed at businesses within the business services sector, particularly those dealing with law, marketing, consulting, and recruitment. The procurement is currently at the tender stage and was published on 20 December 2019. The deadline for submissions is set for 24 January 2020, with the contract period anticipated to commence on 3 February 2020, lasting three years with a potential two-year extension. The contract is valued at £241,000 and supports delivery addresses in London, specifically in the postal code E14 4PU.

This tender presents a valuable opportunity for businesses specialising in proxy voting research and corporate governance services. Companies that can tailor their offerings to meet the unique requirements of NEST, especially during key voting seasons, will be well-positioned to compete effectively. Small and medium-sized enterprises (SMEs) with expertise in environmental and social governance are particularly encouraged to apply, as the selected provider will be integral to advising NEST on substantial corporate issues and shareholder votes.

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Notice Information

Notice Title

TEN-1920-022 - Proxy voting research & services

Notice Description

This tender opportunity can be access via the following link: https://nesttenders.bravosolution.co.uk/web/login.shtml Nest Corporation is seeking to work with an organisation that provides proxy voting research and reporting services (the Provider). The Provider will support Nest's investment team with a number of its stewardship functions primarily around, but not limited to voting. The Provider will have expert knowledge and in-depth analysis on corporate governance as well as social and environmental practices and policies of listed companies globally. It is essential the Provider should be able to tailor its services and be flexible to Nest's needs and requirements - which are likely to be different to other more traditional asset owners as outlined in the description of our voting process below. The Provider will serve as an important source of information and expertise for Nest particularly during voting season. It will advise Nest on key issues and watch points ahead of companies' AGMs. The selected Provider will support and interact with Nest on an intra-day basis primarily during voting season to help monitor and analyse fund manager voting on a subset of companies. The contract will be for three years duration with the potential to extend for a further two years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e88f395-2e1e-476a-a865-9f2e469a3976
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/95f60e52-3a39-442a-bb8f-3be5a9c1e5bf
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£241,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20196 years ago
Submission Deadline
24 Jan 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Feb 2020 - 2 Feb 2023 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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