Award

TEN-2223-010 Retirement Blueprint Consultancy

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

10 Oct 2022 at 13:02

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) has awarded a contract for the consultancy services titled "TEN-2223-010 Retirement Blueprint Consultancy" in the financial consultancy services category. The contract involves providing advice on sustainable retirement incomes to NEST members. The procurement method used was a competitive quotation below threshold, with a total contract value of £45,000. The tender period ended on 30th August 2022, and the contract runs from 21st September 2022 to 20th September 2023, with a delivery address in London, United Kingdom.

This procurement opportunity by NEST presents a chance for businesses, particularly consultancy firms in the financial services sector, to showcase their expertise in delivering retirement income solutions. The contract has been awarded to Hymans Robertson LLP, highlighting the potential for similar firms to engage in future opportunities. Small and medium-sized enterprises (SMEs) are well-suited to compete in this type of procurement process, which focusses on competitive quotations, providing an opening for growth and collaboration within the financial consultancy services industry.

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Notice Information

Notice Title

TEN-2223-010 Retirement Blueprint Consultancy

Notice Description

The contract is for consulting and advisory services to Nest. The supplier that has been appointed will provide advice on how Nest can deliver sustainable retirement incomes to its members.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cbbc8efc-6a75-42f9-8483-b3e07456fcc5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2424a83b-8abe-4825-84fc-6e7936e0ebc8
Current Stage
Award
All Stages
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Oct 20223 years ago
Submission Deadline
30 Aug 2022Expired
Future Notice Date
Not specified
Award Date
7 Sep 20223 years ago
Contract Period
20 Sep 2022 - 20 Sep 2023 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
Not specified
Contact Email
procurement@nestcorporation.org.uk
Contact Phone
Not specified

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

HYMANS ROBERTSON

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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