Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of Retirement Consultancy Services

National Employment Savings Trust (NEST)

This public procurement record has 1 release in its history.

Tender

06 Oct 2023 at 18:28

Tender Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) has issued a tender for the provision of Retirement Consultancy Services, specifically focusing on Pension fund consultancy services. The procurement process is currently in the Tender stage, with a submission deadline set for November 6, 2023. The total contract value for the initial term of 5 years is £5,250,000 GBP, with the possibility of extending for up to an additional two years. The procurement method is an Open procedure, allowing electronic and written submissions. NEST is located in London, United Kingdom, and interested parties can find more details on the tender submission process on their website.

This tender by NEST offers an opportunity for businesses operating in the consultancy services sector, particularly those with expertise in Pension fund consultancy services, to compete for a long-term contract valued at over £5 million GBP. The contract includes the provision of internal audit services with potential for extension, creating a recurring revenue stream for the successful bidder. Businesses with experience in audit and compliance services, willing to adhere to the bid validity period of 180 days, are well-suited to compete and potentially grow their portfolio through this procurement opportunity.

How relevant is this notice?

Notice Information

Notice Title

Provision of Retirement Consultancy Services

Notice Description

This tender is for the provision of internal audit services to Nest Corporation. The

Lot Information

Lot 1

This tender is for the provision of internal audit services to Nest Corporation. The contract s for an initial term of 5 years, with the option to extend up to a further two years, The contract value given on this form is the total potential value for the full 7 years and includes expenditure for ad-hoc audits over and above the core audit requirements as described in the tender documents.

Renewal: This contract will be renewed upon expiry as internal audit will be an ongoing requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0408d0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029617-2023
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
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£5,250,000 £1M-£10M
Lots Value
£5,250,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Oct 20232 years ago
Submission Deadline
6 Nov 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
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

JSON Markdown

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.

Loading OCDS record...