This public procurement record has 1 release in its history.

Tender

29 Jul 2026 at 17:12

Summary of the contracting process

Nest is procuring climate change scenario analysis services for top-down portfolio analysis. The core requirement is to provide minimum climate scenario analysis capabilities for assessing a portfolio at an overall, top-down level. The buyer also regards it as desirable for suppliers to extend the analysis from the portfolio to individual assets, sectors, companies and/or industries. This is a specialist financial and investment service, relevant to firms providing climate risk analysis, investment research, portfolio analytics, scenario modelling or related advisory work. The requirement is structured as one service lot and is identified under the banking and investment services category. The work supports climate-aware assessment of investment portfolios and may suit organisations combining financial-market knowledge with environmental, climate or sustainability modelling expertise.

The procurement has reached tender: Nest invited offers through a below-threshold open competition. Clarification questions and procurement communications were due electronically through Nest’s Bravo e-tendering portal by 14 August 2026 at 12:00, and completed tenders with supporting documents were due through the same portal by 4 September 2026 at 12:00. The initial contract period is 13 October 2026 to 12 October 2029, with an option for one further extension of up to 12 months, giving a latest stated end date of 12 October 2030. The estimated gross value is £150,000. The contract will be awarded to the most advantageous tender, assessed on quality and cost: climate scenario analysis quality carries 70% and cost 30%, with specified compliance requirements assessed pass or fail.

This opportunity suits specialist providers able to design and deliver climate change scenario analysis for investment portfolios, with a clear understanding of how portfolio-level findings can inform decisions about assets, sectors, companies and industries. Strong candidates are likely to combine climate-risk, sustainability or environmental modelling with financial-services, investment-management or portfolio-analysis experience. The evaluation places greater emphasis on the quality of the climate scenario analysis than on price, so suppliers should be able to demonstrate a robust analytical approach, credible methodologies and clear, decision-useful outputs. The buyer has identified the requirement as suitable for small and medium-sized enterprises, making it relevant to focused consultancies, specialist analytics firms and larger providers with the capacity to deliver a sustained multi-year service.

How relevant is this notice?

Notice Information

Notice Title

TEN-2627-009 (PA2023) - Climate-Aware CMAs

Notice Description

Core/minimum requirement: Climate change scenario analysis services for top-down portfolio analysis Desirable requirement: look through capabilities from the top-down analysis to the asset, sector, company and/or industry-level.

Lot Information

Lot 1

Renewal: Nest may, at its sole discretion, extend the contract for one further period of up to 12 months following expiry of the initial three-year term. The extension may be used where Nest requires continuation of the climate change scenario analysis services beyond the initial term. No multiple extension periods are available.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d6f5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071903-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
£150,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20262 months ago
Submission Deadline
4 Sep 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
13 Oct 2026 - 12 Oct 2029 3-4 years
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
Nest Corporation
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

Further Information

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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