Award

TEN-2324-016 Call-Off Contract Willis Tower Watson

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

08 Dec 2025 at 08:39

Summary of the contracting process

The procurement process facilitated by the National Employment Savings Trust (NEST) centres around a selective call-off contract, "TEN-2324-016 Call-Off Contract Willis Tower Watson," in the services industry category involving business services like law, marketing, and consulting. This contract is designed to support the development of Nest's retirement income blueprint, amongst other responsibilities. The process commenced with the tender phase ending on 10th September 2025, followed by an award being made to Willis Tower Watson on 11th December 2025. The contract is active from 12th September 2025 until 11th September 2026 and is focused in the East of England region, United Kingdom. The total contract value amounts to £200,000 GBP.

This tender presents substantial growth prospects for companies proficient in consulting and investment strategy within the business services domain, particularly those capable of engaging with retirement income solutions. Large-scale enterprises such as those with capacities akin to Willis Tower Watson would find the selective procurement method beneficial, given its framework agreement setup. This opportunity is particularly suited for firms ready to manage comprehensive contracts with public sector organizations like NEST, aspiring to dominate in consulting services for financial models and strategy development.

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Notice Title

TEN-2324-016 Call-Off Contract Willis Tower Watson

Notice Description

Framework call off contract covering the following The provider will support Nest to develop the model for the Nest retirement income blueprint, and provide other support, including on design questions such as the approach to cohorting, the fund structure, and investment strategy.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-82178d2b-1583-48d6-b956-b24801d7d1af
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d765115-af84-482b-a3ce-d29a5fd89486
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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

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

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Dec 20252 months ago
Submission Deadline
10 Sep 2025Expired
Future Notice Date
Not specified
Award Date
8 Dec 20252 months ago
Contract Period
11 Sep 2025 - 11 Sep 2026 6-12 months
Recurrence
Not specified

Notice Status

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

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
REIGATE
Postcode
RH2 9PQ
Post Town
Redhill
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
Not specified

Local Authority
Reigate and Banstead
Electoral Ward
Reigate
Westminster Constituency
Reigate

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS TOWER WATSON

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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