Published date: 22 February 2024

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: 28 March 2024, 12pm

Contract summary

Industry

  • Banking services - 66110000

Location of contract

E14 4PU

Value of contract

£2,000,000

Procurement reference

tender_414629/1317143

Published date

22 February 2024

Closing date

28 March 2024

Closing time

12pm

Contract start date

31 July 2024

Contract end date

30 July 2037

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?

No

Contract is suitable for VCSEs?

No

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).

About the buyer

Address

10 South Colonnade 1st floor
London
E14 4PU
England

Email

procurement@nestcorporation.org.uk