---
title: "TEN-2627-003 (PA2023) - Board Effectiveness Review"
ocid: "ocds-h6vhtk-068bf9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-068bf9"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-068bf9.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-068bf9.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION"
published: "2026-04-27"
---

# TEN-2627-003 (PA2023) - Board Effectiveness Review

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION  
Current stage: Tender  
OCID: ocds-h6vhtk-068bf9

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## Summary

The National Employment Savings Trust (NEST) Corporation, based in London, is actively seeking a supplier for the Board Effectiveness Review as part of their 2030 strategy. With an open competition procurement method, the tender invites suppliers within the services category, particularly focusing on performance review services in governance. The tender process is at the stage of submission, with key deadlines including the end of the enquiry period on 8th May 2026 and the tender submission deadline on 27th May 2026. Interested parties are encouraged to submit bids electronically, with the contract set to commence on 1st July 2026 and conclude by 29th January 2027, with a potential extension if required.

This tender presents lucrative opportunities for organisations specialising in governance and performance reviews, especially those experienced with board effectiveness across sectors. Ideal candidates include Small and Medium Enterprises (SMEs) with a track record in bespoke and agile governance reviews, both domestically and internationally. The contract value is up to £100,000, providing a substantial avenue for business growth. Companies capable of demonstrating transferrable experience, innovative methodologies, and a robust understanding of pension and investment governance frameworks are well-positioned to benefit from this engagement with NEST, potentially paving the way for further collaborations.

## Notice

The Supplier will objectively review the effectiveness of the Nest Corporation Board and the overall governance framework (comprising Committees, Panels, the Nest Invest Board and individual Board Members). The objective of this external effectiveness review will be to evaluate whether Nest's governance framework- particularly the role, composition, and operation of the Nest Corporation Board-is adequately positioned to deliver effective strategic leadership, oversight and accountability in the context of Nest's evolving scale and complexity; and to identify any changes required to ensure the Board remains fit for purpose in the medium to long term as Nest pursues its 2030 strategy, responds to regulatory and political developments, and strengthens its focus on investment, customer outcomes, and organisational resilience. As an additional part of this review, the Supplier should also consider future readiness and benchmark against leading global practices in pensions, investment and broader financial services governance.

### Lot Information

Lot 1

Renewal: There will be an additional 6-month extension to the contract should any further nominal advisory work be required, which will be taken up at the discretion of Nest and agreement by both parties.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/038193-2026 |
| 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 |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Apr 2026 |
| Submission deadline | 27 May 2026 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Jun 2026 - 29 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | £80,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION |
| 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 |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79313000 - Performance review services

## Release History

- 27 Apr 2026 at 15:18 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/038193-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/038193-2026
  27th April 2026 - Tender notice on Find a Tender
- https://nesttenders.ukp.app.jaggaer.com/web/login.shtml

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-068bf9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-068bf9.json.