Notice Information
Notice Title
Provision of Fund Administration, Custody and Related Services
Notice Description
This is a contract for the provision of fund administration, custody and related services. Core Services included within the scope of the contract: - Custodian services - Asset allocation and rebalancing services - Investment Performance measurement - Investment Compliance monitoring - Investment Tax services Additional services that may be included throughout the term of the contract include: - FX Overlay - Public and private market investments - Data management The contract is for an initial 10-year period with the option to extend up to an additional 5 years (15 years in total).
Lot Information
Lot 1
This is a contract for the provision of fund administration, custody and related services. Core Services included within the scope of the contract: - Custodian services - Asset allocation and rebalancing services - Investment Performance measurement - Investment Compliance monitoring - Investment Tax services Additional services that may be included throughout the term of the contract include: - FX Overlay - Public and private market investments - Data management The contract is for an initial 10-year period with the option to extend up to an additional 5 years (15 years in total).
Options: The contract has the option for the provision of related services including: Additional services that may be included throughout the term of the contract include: - FX Overlay - Public and private market investments - Data management
Renewal: This is an ongoing requirement for Nest and, as of date of publication of this notice, it is anticipated that Nest will re-tender this opportunity upon contract expiry (and any contract extension(s) Nest chooses to enter into - see options section).
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-03ea34
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/073617-2025
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Competitive procedure with negotiation
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66162000 - Custody services
66523100 - Pension fund administration services
Notice Value(s)
- Tender Value
- £79,000,000 £10M-£100M
- Lots Value
- £79,000,000 £10M-£100M
- Awards Value
- Not specified
- Contracts Value
- £50,000,000 £10M-£100M
Notice Dates
- Publication Date
- 13 Nov 20253 months ago
- Submission Deadline
- 24 Aug 2023Expired
- Future Notice Date
- Not specified
- Award Date
- 24 Apr 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- 10 - 15 years
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
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
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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