Closed tender

Nest Scheme Banking Services

Details

Value
£2,000,000
Topic
Banking services
Published
22 February 2024
Submission
28 March 2024

Tender description

This ITT is to procure a new banking contract for the National Employment Savings Trust (Nest) Scheme, which is used for managing members contributions into the scheme, providing valuations of member's pension pots within the scheme, and paying member's benefits out of the scheme (including the transfer of funds into and out of member's other pension pots).

Timeline

  1. Completed: Tender published22 February 2024
    Current notice
  2. Completed: Submission date28 March 2024

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. The procurement team manages contracting activity and can be contacted directly by suppliers.

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

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Decision makers

Connect with the people behind this procurement.

Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
Category Lead+44 •••• ••••••
Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

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