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TEN-2122-016 Fund Administration Legal Services

National Employment Savings Trust (NEST)

This public procurement record has 1 release in its history.

Award

16 Dec 2021 at 09:47

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) is conducting a public procurement process for legal services under the title "TEN-2122-016 Fund Administration Legal Services". This contract, valued at £62,500, relates to the provision of legal expertise during the procurement of NEST's fund administration and custody services. The procurement method employed is a Direct Award Procedure under Lot 1 of the Crown Commercial Service's General Legal Advice Services framework. The award date for this contract was 24 November 2021, with the contract period commencing on 9 December 2021 and concluding on 30 June 2022. The location for the services is based in London, United Kingdom, highlighting the industry category as legal services.

This tender presents potential business growth opportunities, particularly for law firms with expertise in public procurement and financial services. Businesses that can provide comprehensive legal advice during the mobilisation and preparation stages of large-scale contracts are well-suited to participate. Companies that specialise in compliance, fund administration, and custody services will find this procurement particularly relevant, as they can leverage their specific skill sets to meet the needs of NEST and similar organisations.

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Notice Information

Notice Title

TEN-2122-016 Fund Administration Legal Services

Notice Description

This contract covers the provision of legal services during the preparation and mobilisation phase of the procurement of Nest's fund administration and custody services requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-17a588c4-afbb-4a76-8103-cb02edc33828
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b82a174b-a512-4d56-9d4c-e8cdb1fea93c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award Procedure under Lot 1 (General Legal Services Tier 1) of the Crown Commercial Service's General Legal Advice Services framework (RM3786).
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£62,500 Under £100K
Lots Value
Not specified
Awards Value
£62,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20214 years ago
Submission Deadline
27 Oct 2021Expired
Future Notice Date
Not specified
Award Date
24 Nov 20214 years ago
Contract Period
9 Dec 2021 - 30 Jun 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
Postcode Area
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

Supplier Information

Number of Suppliers
1
Supplier Name

Pinsent Masons LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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