Expired contract

TEN-2122-001 FSIP Professional Services

Details

Value
£2,830,000
Duration
3 years
Topic
Pension fund consultancy services
Published
26 July 2021

Tender description

This contract covers Nest Corporation's requirement for the provision of professional services to support its Future Scheme Implementation Programme (FSIP). In February 2021, Atos BPS Limited were formally appointed as the future provider of administration services for Nest's defined contribution pension scheme. Following this appointment, Nest has procured professional services support for the implementation, delivery and stabilisation phases of the FSIP programme of work, under which these administration services will be transitioned from the incumbent provider to Atos BPS Limited. Under this contract, the professional services which have been procured will provide expertise across, but not limited to, the following areas: - Solution delivery - Large scale implementation and delivery (including testing and assurance) - Large scale, complex service transition and data migration - Technical architecture in the financial services industry - Pensions administration risk and control - Knowledge of the pensions industry - General management consultancy - Programme and project management - Risk management - Human-centred design - Business analysis - Digital design - Data analysis and analytics - Organisational change (strategy, communications and implementation) - Commercial and contract management

Timeline

  1. Completed: Award date23 June 2021
  2. Completed: Award published26 July 2021
    Current notice
  3. Completed: Contract expiry date31 December 2023

About the buyer

National Employment Savings Trust (NEST) Corporation is a non-departmental public body accountable to the Department for Work and Pensions, and runs the UK's largest workplace pension scheme by membership as trustee. NEST was established in July 2010. Every tender is advertised on the Find a Tender Service, in line with the Procurement Act 2023. Suppliers register on NEST's BravoSolution e-tendering portal to bid for opportunities. Framework agreements cover specialist services such as retirement consultancy, and suppliers must follow NEST's Supplier Code of Conduct. The procurement team manages contracting activity and can be contacted directly by suppliers.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of NEST's contract awards have been in financial and insurance services, business services and IT services.

Relevant CPV codes

  • 66523000 · Pension fund consultancy services
  • 72224000 · Project management consultancy services
  • 72246000 · Systems consultancy services
  • 79411000 · General management consultancy services

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