Published date: 20 December 2019

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.


Closing: 24 January 2020

Contract summary

Industry

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

E14 4PU

Value of contract

£241,000

Procurement reference

tender_228642/824702

Published date

20 December 2019

Closing date

24 January 2020

Contract start date

3 February 2020

Contract end date

2 February 2023

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This tender opportunity can be access via the following link:

https://nesttenders.bravosolution.co.uk/web/login.shtml

Nest Corporation is seeking to work with an organisation that provides proxy voting research and reporting services (the Provider). The Provider will support Nest's investment team with a number of its stewardship functions primarily around, but not limited to voting. The Provider will have expert knowledge and in-depth analysis on corporate governance as well as social and environmental practices and policies of listed companies globally.

It is essential the Provider should be able to tailor its services and be flexible to Nest's needs and requirements - which are likely to be different to other more traditional asset owners as outlined in the description of our voting process below.

The Provider will serve as an important source of information and expertise for Nest particularly during voting season. It will advise Nest on key issues and watch points ahead of companies' AGMs.

The selected Provider will support and interact with Nest on an intra-day basis primarily during voting season to help monitor and analyse fund manager voting on a subset of companies.

The contract will be for three years duration with the potential to extend for a further two years.

About the buyer

Contact name

Nest Procurement Team

Address

Nest, 10 South Colonnade, Canary Wharf
London
E14 4PU
England

Email

Procurement@nestcorporation.org.uk