This public procurement record has 2 releases in its history.

AwardUpdate

05 Sep 2024 at 12:44

Award

02 Sep 2024 at 10:17

Summary of the contracting process

The National Employment Savings Trust (NEST) has awarded a contract for creative partnership services under the title "TEN-2324-029 - Nest Brand Creative Partnership." This award, classified under the industry category "Marketing Services" (CPV code 79342000), covers delivery across various locations including British Overseas Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom. The contract, valued at £650,000, begins on 29th July 2024 and ends on 28th July 2025, with an option to extend for up to five additional one-year periods. The procurement followed an open procedure and was at the contract award stage as of 29th July 2024, with the award notice published on 2nd September 2024.

This tender presents significant opportunities for businesses involved in marketing and creative services. Specifically, it benefits larger firms capable of delivering comprehensive marketing solutions on a global scale. Given NEST's wide geographical reach and sizeable budget, businesses experienced in international marketing campaigns, brand management, and creative content production will find this contract a valuable addition to their portfolio, enhancing their market competitiveness and growth potential. Small and medium enterprises, as well as social enterprises, may find it challenging to meet the scope and scale required by this contract.

How relevant is this notice?

Notice Title

TEN-2324-029 -Nest Brand Creative Partnership

Notice Description

Nest Corporation has awarded a contract for Creative Partnership services for a period of twelve months, with the option to extend for five further periods of one year each.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dcc669fd-1af2-4c62-9bee-8a7ab55c41d0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/222f113a-3fd4-4403-bb91-272af030e370
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 (below threshold)
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

79342000 - Marketing services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
£650,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20241 years ago
Submission Deadline
2 Apr 2024Expired
Future Notice Date
Not specified
Award Date
29 Jul 20242 years ago
Contract Period
29 Jul 2024 - 28 Jul 2025 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
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
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

Aardman Animations Limited

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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