Award

Provision of Investment Research Services

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

02 Sep 2024 at 09:15

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) has completed the award stage for the provision of Investment Research Services, valuing GBP 600,000. The contract, categorised under investment banking services, was awarded to Capital Economics Limited and Absolute Strategy Research Ltd following an open procurement procedure. The contract period spans from 15th August 2024 to 20th August 2026, with an option to extend annually for up to three additional years. The services are to be delivered primarily in London, E14 4PU, with scope for broader coverage including the United Kingdom, British Overseas Territories, Channel Islands, Isle of Man, Europe, and globally.

This tender presents substantial growth opportunities for businesses offering strategic investment research services. Large firms with robust capabilities in delivering sophisticated financial research and analysis are particularly well-suited to compete in such tenders. Given NEST’s significant scale and the contract's extensive geographic reach, suppliers have the potential to strengthen their market credibility and expand their customer base by securing such high-value and strategically important contracts.

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Notice Information

Notice Title

Provision of Investment Research Services

Notice Description

Nest Corporation has awarded two contracts for Strategic Investment Research Services for contract duration of 12 months, with the option to extend for a further 3 years in 12 month periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-902363ab-d979-466d-ad71-ec5e7ee92a62
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a3052336-0503-4a2c-87eb-ba7e80223110
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20241 years ago
Submission Deadline
19 Apr 2024Expired
Future Notice Date
Not specified
Award Date
19 Aug 20241 years ago
Contract Period
14 Aug 2024 - 20 Aug 2026 2-3 years
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
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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
2
Supplier Names

ABSOLUTE STRATEGY RESEARCH

CAPITAL ECONOMICS

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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