---
title: "TEN-2122-001 FSIP Professional Services"
ocid: "ocds-b5fd17-756c3f6f-b115-4fb1-88b5-3132262dd639"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-756c3f6f-b115-4fb1-88b5-3132262dd639"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-756c3f6f-b115-4fb1-88b5-3132262dd639.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-756c3f6f-b115-4fb1-88b5-3132262dd639.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)"
published: "2021-07-26"
---

# TEN-2122-001 FSIP Professional Services

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)  
Current stage: Award  
OCID: ocds-b5fd17-756c3f6f-b115-4fb1-88b5-3132262dd639

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## Summary

The National Employment Savings Trust (NEST) has recently awarded a contract titled "TEN-2122-001 FSIP Professional Services," aimed at providing professional services to support its Future Scheme Implementation Programme (FSIP). This tender, classified under the industry category of Pension Fund Consultancy Services, is located in London, UK. The procurement stage is complete, with the award made on 23rd June 2021. The contract is valued at £2,830,000 and runs from 13th July 2021 until 31st December 2023. The procurement method employed was selective, involving a call-off from a framework agreement, with the tender period having ended on 14th May 2021.

This tender presents substantial growth opportunities, particularly for businesses that specialise in consultancy services, project management, and technical architecture within the financial services sector. Firms with expertise in large-scale implementation, risk management, and organisational change will be well-positioned to compete. Given the nature of the services required, small and medium-sized enterprises (SMEs) may find advantageous positions, especially those that can demonstrate a solid understanding of the pensions industry and related consultancy areas. This contract opens avenues not only for consulting firms but also for those with capabilities in digital design and data analysis.

## Notice

This contract covers Nest Corporation's requirement for the provision of professional services to support its Future Scheme Implementation Programme (FSIP). In February 2021, Atos BPS Limited were formally appointed as the future provider of administration services for Nest's defined contribution pension scheme. Following this appointment, Nest has procured professional services support for the implementation, delivery and stabilisation phases of the FSIP programme of work, under which these administration services will be transitioned from the incumbent provider to Atos BPS Limited. Under this contract, the professional services which have been procured will provide expertise across, but not limited to, the following areas: - Solution delivery - Large scale implementation and delivery (including testing and assurance) - Large scale, complex service transition and data migration - Technical architecture in the financial services industry - Pensions administration risk and control - Knowledge of the pensions industry - General management consultancy - Programme and project management - Risk management - Human-centred design - Business analysis - Digital design - Data analysis and analytics - Organisational change (strategy, communications and implementation) - Commercial and contract management

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a0a74d97-3d24-4431-999f-cd94f4f249bb |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Jul 2021 |
| Submission deadline | 14 May 2021 |
| Future notice date | Not specified |
| Award date | 22 Jun 2021 |
| Contract period | 12 Jul 2021 - 31 Dec 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,830,000 |
| Lots value | Not specified |
| Awards value | £2,830,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | PA CONSULTING; PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66523000 - Pension fund consultancy services
- 72224000 - Project management consultancy services
- 72246000 - Systems consultancy services
- 79411000 - General management consultancy services

## Release History

- 26 Jul 2021 at 12:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a0a74d97-3d24-4431-999f-cd94f4f249bb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a0a74d97-3d24-4431-999f-cd94f4f249bb
  26th July 2021 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.nestpensions.org.uk/

## Provenance

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