Published date: 12 August 2021

This notice was replaced on 2 February 2022

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 2 February 2022)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.

Contract summary


  • Research consultancy services - 73210000

Location of contract

E14 4PU

Value of contract


Procurement reference


Published date

12 August 2021

Closing date

20 September 2021

Closing time


Contract start date

25 October 2021

Contract end date

29 July 2022

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?


Contract is suitable for VCSEs?



Nest is a low-cost occupational pension scheme. The aim of this procurement is to appoint a supplier(s) to deliver climate change research services, focussing on the risk climate change poses to various investments Nest makes on behalf of its members.

The tender will result in three possible contracts relating to climate change research:

Core requirement: climate change scenario analysis which describe a diverse set of plausible future states, generally based on a specific global temperature rise. These scenarios are then used to assess potential climate-related risks and uncertainties and test the resiliency of various asset classes under different conditions.

Additional requirements: proposals for portfolio alignment tools and climate change metrics.

These services may be awarded to a sole supplier or up to three separate specialist suppliers.

More information


Additional text

RFP document suite can be found on our Bravo tendering portal. Interested bidders will need to register on the site, express an interest in the opportunity and then download the documents.

Any clarifications must be submitted to Nest by 8th September. Submission deadline is noon on 20th September.

About the buyer

Contact name



10 S Colonnade, Canary Wharf
E14 4PU