---
title: "Proxy voting"
ocid: "ocds-h6vhtk-05cd70"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05cd70"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05cd70.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05cd70.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION"
published: "2026-02-22"
---

# Proxy voting

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION  
Current stage: Award  
OCID: ocds-h6vhtk-05cd70

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05cd70.json)

## Summary

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.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/015878-2026 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Feb 2026 |
| Submission deadline | 17 Nov 2025 |
| Future notice date | Not specified |
| Award date | 19 Dec 2025 |
| Contract period | 29 Jan 2026 - 28 Jan 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £240,000 |
| Lots value | £240,000 |
| Awards value | £232,875 |
| Contracts value | £232,875 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION |
| Additional buyers | 1 |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MINERVA ANALYTICS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 22 Feb 2026 at 22:27 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/015878-2026
- 8 Jan 2026 at 12:21 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/001434-2026
- 15 Oct 2025 at 14:23 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/065651-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/015878-2026
  22nd February 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/001434-2026
  8th January 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/065651-2025
  15th October 2025 - Tender notice on Find a Tender

## Notice URLs

- https://nesttenders.bravosolution.co.uk
- https://nesttenders.bravosolution.co.uk.
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.manifest.co.uk/
- https://www.nestpensions.org.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05cd70. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05cd70.json.