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Proxy voting

National Employment Savings Trust (NEST) Corporation

This public procurement record has 3 releases in its history.

Award

22 Feb 2026 at 22:27

UK7 - Contract Details Notice
Award

08 Jan 2026 at 12:21

UK6 - Contract Award Notice
Tender

15 Oct 2025 at 15:23

UK4 - Tender Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation has successfully completed a public procurement process for proxy voting services, awarded to Minerva Analytics Limited. This contract, under the legal framework of UKPGA 2023/54, focuses on financial consultancy services, specifically supporting NEST in holding fund managers accountable for their voting decisions. The industry category is financial consultancy services, and the process used was an open and competitive flexible procedure. Located at Canary Wharf in London, the contracting organisation is classified as a public authority within the central government sector. The procurement stage culminated on 22nd February 2026, following the signing of contracts on 17th January 2026. The contract runs from 29th January 2026 to 28th January 2029, with potential renewal options for one or two years at NEST's discretion.

This tender presents excellent opportunities for growth, specifically for SMEs like Minerva Analytics. Companies with expertise in financial consultancy, specifically those experienced in delivering voting research and analysis, would find this tender advantageous. The process encourages competitive bids, especially by organisations able to align their strategies with NEST’s corporate governance values. Businesses with substantial sector experience can leverage their knowledge to influence fund managers on corporate governance, environmental, and social matters. Frameworks are in place to facilitate meaningful dialogues, providing these organisations with the potential to extend their influence and service offerings within a growing investment portfolio. This procurement encourages innovation and strategic collaboration in addressing stewardship responsibilities under the Financial Reporting Council’s code.

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Notice Information

Notice Title

Proxy voting

Notice Description

At Nest, we take our responsibilities as an asset owner seriously. Appointing the right people to invest and manage our members' money is important. As clients, we work closely with our fund managers to help us support good corporate behaviour. As investors in globally diversified equity funds, we hold and own thousands of shares on our members' behalf. We entrust our fund managers to vote these shares thoughtfully and largely in accordance with their own documented policies. We expect them to be mindful of clients' beliefs and expectations. Having our own policy enables Nest to document our position and expectations to our fund managers on good corporate behaviour and hold them to account on the decisions they make. It is important that we fulfil our trustee obligations and responsibilities as signatories to the Financial Reporting Council (FRC) stewardship code by monitoring and challenging our fund managers as they discharge their stewardship on our members' behalf. We require support to hold our fund managers to account on the voting decisions they take. Each year we focus our efforts on a subset of shares

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cd70
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015878-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
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
£240,000 £100K-£500K
Lots Value
£240,000 £100K-£500K
Awards Value
£232,875 £100K-£500K
Contracts Value
£232,875 £100K-£500K

Notice Dates

Publication Date
22 Feb 20266 months ago
Submission Deadline
17 Nov 2025Expired
Future Notice Date
Not specified
Award Date
19 Dec 20258 months ago
Contract Period
29 Jan 2026 - 28 Jan 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
National Employment Savings Trust (NEST) Corporation
Additional Buyers

1

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

MINERVA ANALYTICS 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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