Official UK procurement notice
TEN-2425-026 Annuity Brokerage Service
Authority: National Employment Savings Trust (NEST)
Sectors: Financial and insurance services (66) Delivery: UK
Budget not disclosedValue not published
Submissions closed 10 Jan 2025
What is being bought
Published requirement descriptionNest is looking to launch an annuity service for members that would go live in April 2025.
CPV: Insurance and pension services
The lotProcurement structure
single lot · no lot value publishedLot #1Initially, our expectation is that it will be a signposted service that is linked to…
Initially, our expectation is that it will be a signposted service that is linked to via the Nest member portal and within our retirement withdrawal journey. We may consider introducing data sharing or integrating the service into our retirement journey in the future, if user behaviour supports this development.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 25 Nov 2024, 10:14 GMT
- Last source update
- 25 Nov 2024, 10:14 GMT
- Award evaluation window
- 10 Jan 2025 – …
- FTS notice number
2024/S 000-037955- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04be4cFind a Tender
How it was run
Official noticeRun through: Jaggaer · Who buys & how to bid on JAGGAER
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
- Submission deadline
- 10 Jan 2025, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 10 Jan 2025, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release
Timeline
25 Nov 2024 → 10 Jan 2025 · 3 dates- Notice published25 Nov 2024, 10:14 GMT
- Submission deadline10 Jan 2025, 12:00 GMT
- Bids opened10 Jan 2025, 12:00 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.