TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity Product
Estimated value
—
services
Awarded value
—
Suppliers
0
Lots
1
0 awarded
Published
25 Apr 2025
This is a preliminary market engagement notice
Map the supplier landscape and document your shortlist before opening the tender. The market simulation produces a defensible audit record you can attach to your procurement file.
Description
Nest is seeking an insurer to partner with to develop a bulk deferred annuity. We anticipate that the supplier appointed to partner with Nest for the co-design period would also be appointed to be the provider of the bulk annuity to Nest for an exclusive period.
Scope
- Reference
- ocds-h6vhtk-05076b
- Total value
- £0 including VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 29 Jan 2026 to 28 Jan 2036Possible extension to 28 Jan 2038
2 year extension in 1 year intervals
- Main category
- services
- CPV classifications
- 66131100
- Contract locations
- UK, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Procurement Specific Questionnaire | Used for Stage 1 Invitation to Participate - Will be a Pass/Fail Scoring Citeria | quality | — |
| Strategic Alignment | Stage 2 Initial Tenders Shortlisting Evaluation Criteria | quality | — |
| Strategic Partnership | Stage 2 Initial Tenders Shortlisting Evaluation Criteria | quality | — |
| Co-design requirements: resourcing and delivery approach | Stage 2 Initial Tenders Shortlisting Evaluation Criteria | quality | — |
| Co-design requirements: innovation and product development capability | Stage 2 Initial Tenders Shortlisting Evaluation Criteria | quality | — |
| Co-design requirements: pricing data and insight | Stage 2 Initial Tenders Shortlisting Evaluation Criteria - Will be a Pass/Fail Scoring Citeria for this question | quality | — |
| Ability to deliver the requirements of the bulk deferred annuity | Stage 2 Initial Tenders Shortlisting Evaluation Criteria | quality | — |
| Ability to deliver the requirements of the bulk deferred annuity pricing data | Stage 2 Initial Tenders Shortlisting Evaluation Criteria - Will be a Pass/Fail Scoring Citeria for this question | quality | — |
| Strategic Alignment | Stage 4 Final Tenders Award Evaluation Criteria | quality | — |
| Strategic Partnership | Stage 4 Final Tenders Award Evaluation Criteria | quality | — |
| Co-design requirements: resourcing and delivery approach | Stage 4 Final Tenders Award Evaluation Criteria | quality | — |
| Co-design requirements: innovation and product development capability | Stage 4 Final Tenders Award Evaluation Criteria | quality | — |
| Ability to deliver the requirements of the bulk deferred annuity | Stage 4 Final Tenders Award Evaluation Criteria | quality | — |
Participation
Conditions suppliers must meet to bid.
No