Provision of Fund Administration, Custody and Related Services

National Employment Savings Trust (NEST)contractFind a TenderRef ocds-h6vhtk-03ea3432014L0024active
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Estimated value

services

Awarded value

Suppliers

2

Lots

1

1 awarded

Published

13 May 2024

Description

This is a contract for the provision of fund administration, custody and related services. Core Services included within the scope of the contract: - Custodian services - Asset allocation and rebalancing services - Investment Performance measurement - Investment Compliance monitoring - Investment Tax services Additional services that may be included throughout the term of the contract include: - FX Overlay - Public and private market investments - Data management The contract is for an initial 10-year period with the option to extend up to an additional 5 years (15 years in total).

Scope

Reference
TEN-2324-001
Commercial tool
Standalone contract
Contract dates

This is an ongoing requirement for Nest and, as of date of publication of this notice, it is anticipated that Nest will re-tender this opportunity upon contract expiry (and any contract extension(s) Nest chooses to enter into - see options section).

Main category
services
CPV classifications
66162000
Contract locations
London

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
price

Submission & procedure

Procedure
Competitive procedure with negotiation

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end