Award

Retirement Income Blueprint

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 2 releases in its history.

Award

06 Feb 2026 at 09:11

Award

14 Jan 2026 at 16:27

Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation, a public authority under the central government in the UK, has recently completed the procurement process for a contract titled "Retirement Income Blueprint." This process was conducted under a selective method, specifically as an award under a framework. The main focus is financial consultancy services, classified under CPV code 66171000, delivered in the UK region. The contract's timeline spans from 16 January 2026 to 29 May 2026, with the contract signed on 16 January 2026. Located in London, NEST Corporation orchestrated this procurement to organise workshops and support materials aimed at enhancing their retirement income strategies.

This tender presents significant opportunities for large-scale consulting firms specialising in retirement planning and financial consultancy services. The contract with Willis Towers Watson and TOWERS WATSON LIMITED opens prospects for businesses capable of facilitating strategic workshops and documentation in a collaborative environment, better known as 'sprint'-style formats. Firms with experience in financial modelling and income distribution strategies would find this contract particularly aligned with their expertise. Such opportunities not only enable business growth but also position firms as key players in governmental financial projects, which can lead to further collaborations and a robust portfolio in public sector consultancy services.

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Notice Title

Retirement Income Blueprint

Notice Description

The Supplier will organise workshops, in 'sprint'-style format, to support Nest Invest to agree positions on topics related to its retirement income blueprint will prepare pre-reading materials and papers documenting the outcomes of workshops, for subjects relating to the retirement income blueprint, including the subjects above. will also carry out related relevant actions to support the design of the income distribution approach and associated modelling

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060601
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010759-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Award under framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
£300,000 £100K-£500K

Notice Dates

Publication Date
6 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Jan 20261 months ago
Contract Period
16 Jan 2026 - 29 May 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION
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
Not specified

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

Supplier Information

Number of Suppliers
2
Supplier Names

TOWERS WATSON

WILLIS TOWERS WATSON

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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