TEN-2526-037 (PA2023) Retirement Consultancy Framework
National Employment Savings Trust (NEST)contractFind a Tender ↗Ref ocds-h6vhtk-06085fProcurement Act 2023pending
Estimated value
—
Awarded value
£9.0m
Awarded 06 Mar 2026
Suppliers
5
Lots
3
3 awarded
Published
13 Mar 2026
Description
Framework Agreement for consultancy services to help it enhance and develop its retirement offering.
Scope
- Reference
- ocds-h6vhtk-06085f
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2026 to 31 Mar 2030
- CPV classifications
- 66523000
- Contract locations
- UK, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Experience and Capability | — | quality | 50.00% |
| Proposed Team | — | quality | 30.00% |
| Cost | — | cost | 20.00% |
Submission & procedure
- Procedure
- Open procedure
Award details· 3 awards
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£3.0m
Award date
06 Mar 2026
Contract start
31 Mar 2026
Contract end
31 Mar 2030
Awarded to
HR
CH OC310282
TW
CH 05379716
LC
CH OC301436
HR
CH OC310282
TW
CH 05379716
Lots · 3 total
Divisions of the contract. Each lot can be awarded separately.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | Decumulation expertise, scheme and product design. | £3.0m | complete |
| 2 | Bulk Insurance and Risk Transfer | £3.0m | complete |
| 3 | Longevity Analysis and Modelling | £3.0m | complete |