Tender

Commodity Fund Procurement

NEST CORPORATION

This public procurement record has 2 releases in its history.

TenderAmendment

01 Feb 2018 at 12:01

Tender Notice
Tender

30 Jan 2018 at 15:44

Tender Notice
Summary of the contracting process

The National Employment Savings Trust (NEST), based in London, is inviting tenders for its Commodity Fund Procurement, falling under the brokerage and securities services category. This procurement process is currently in the tender stage, with a closing date for submissions set for 26th February 2018. The contract period is expected to commence on 1st May 2018 and extend until 30th April 2049. This project is being conducted through an open procurement method, allowing for broader participation from interested parties.

This tender presents significant opportunities for businesses, particularly those with expertise in financial services and agency marketing. Companies that are digitally led and can deliver innovative b2b campaign concepts will find this project particularly relevant. Given the focus on an actively managed Commodity Fund, firms specialising in investment management, financial consultancy, or related services are well-suited to compete for this contract, which could enhance their portfolio and market presence.

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Notice Information

Notice Title

Commodity Fund Procurement

Notice Description

Summary The National Employment Savings Trust ("NEST") is a defined contribution trust based occupational pension scheme and is a qualifying scheme for auto-enrolment purposes under the Pensions Act 2008. NEST is looking to add an actively managed Commodity Fund to the range of building blocks. The search is for a pooled fund.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e99d21f8-8c34-4255-b6a6-5ed962bb3a69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/016ef107-a049-49eb-8d29-e8b32260a778
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66130000 - Brokerage and related securities and commodities services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Feb 20188 years ago
Submission Deadline
26 Feb 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Apr 2018 - 30 Apr 2049 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NEST CORPORATION
Contact Name
Procurement & Contracts Team
Contact Email
procurement@nestcorporation.org.uk
Contact Phone
0203 056 3652 ext 3652

Buyer Location

Locality
LONDON
Postcode
SE1 9AH
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

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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