Award

TEN-2122-004 - Climate Change Research

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 2 releases in its history.

Award

02 Feb 2022 at 12:33

Tender

12 Aug 2021 at 16:37

Summary of the contracting process

The National Employment Savings Trust (NEST) is seeking suppliers for the contract titled "TEN-2122-004 - Climate Change Research". This procurement process is focused on research consultancy services within the climate change sector and is located in London, United Kingdom. Currently in the award stage, the contract is valued at £25,000 and covers a period from 26th January 2022 to 29th July 2022. Those interested in submitting proposals were required to do so by the deadline of 20th September 2021, with additional clarifications accepted until 8th September 2021.

This tender presents opportunities for businesses specialising in climate change research and consultancy services, particularly small and medium-sized enterprises (SMEs). Suppliers capable of providing climate change scenario analyses and related portfolio alignment tools will find this tender particularly relevant. With the increasing importance of sustainable investing, firms that can demonstrate expertise in assessing climate-related risks and asset resiliency will be well-positioned to compete for this contract.

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How relevant is this notice?

Notice Title

TEN-2122-004 - Climate Change Research

Notice Description

Nest is a low-cost occupational pension scheme. The aim of this procurement is to appoint a supplier(s) to deliver climate change research services, focussing on the risk climate change poses to various investments Nest makes on behalf of its members. The supplier will deliver a climate change scenario analysis which will describe a diverse set of plausible future states, generally based on a specific global temperature rise. These scenarios are then used to assess potential climate-related risks and uncertainties and test the resiliency of various asset classes under different conditions.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b61e095f-a02d-487d-accf-65b3f9e55114
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2bc47234-c11d-4ee9-a9e6-2e0289625132
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£24,500 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Feb 20224 years ago
Submission Deadline
20 Sep 2021Expired
Future Notice Date
Not specified
Award Date
21 Jan 20224 years ago
Contract Period
26 Jan 2022 - 29 Jul 2022 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

AON SOLUTIONS

Further Information

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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