Awarded contract

Published 13 days ago

TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity

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Buyer

National Employment Savings Trust (NEST) Corporation

Current supplier

ROTHESAY LIFE PLC

Description

Nest was 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. Due to the complexity of the service and contract, the procurement was run as a full over threshold competitive flexible procedure with various stages. ## Contract award Title: TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity

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Product / service

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Contract structure

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Organisation mentioned

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Supplier requirements

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Chair

Chairman

Redacted

redacted@redacted.co.uk

+44 01234 567 890

Chief Executive Officer

Chief Officer

Redacted

redacted@redacted.co.uk

+44 01234 567 890

General Counsel & Corporate Secretary

Clerk/Secretary

Redacted

redacted@redacted.co.uk

+44 01234 567 890

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CPV Codes

66131100 - Pension investment services

66131000 - Security brokerage services

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