Section one: Contracting authority
one.1) Name and addresses
National Employment Savings Trust (NEST)
10 South Colonnade 1st floor
London
E14 4PU
sean.ryan@nestcorporation.org.uk
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
https://nesttenders.bravosolution.co.uk/
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://nesttenders.bravosolution.co.uk/
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://nesttenders.bravosolution.co.uk/
Tenders or requests to participate must be submitted to the above-mentioned address
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
TEN-2223-015 - Investment Risk Platform
Reference number
TEN-2223-015 - Investment Risk Platform
two.1.2) Main CPV code
- 72000000 - IT services: consulting, software development, Internet and support
two.1.3) Type of contract
Services
two.1.4) Short description
Investment risk management is at the core of Nest Corporation’s investment processes.
The management of investment risk is caried out along the full cycle of investment process within different teams in Nest’s Investment directorate. This function aims to give the governing bodies of NEST timely, relevant and accurate information on risk, which is needed to make informed decisions in areas such as asset allocation, risk monitoring, portfolio management and implementation, manager selection and review. ESG risks are fully integrated within these areas.
As such, a robust and independent Investment Risk Platform (IRP) is a critical tool utilised in the day-to-day running of the Nest scheme.
As part of Nest Corporation’s long-term plan to evolve our investment strategy, we are seeking to procure an IRP which we can use to monitor and analyse the risk profiles of our investments at both asset class and multi-asset portfolio level.
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Investment risk management is at the core of Nest Corporation’s investment processes.
The management of investment risk is caried out along the full cycle of investment process within different teams in Nest’s Investment directorate. This function aims to give the governing bodies of NEST timely, relevant and accurate information on risk, which is needed to make informed decisions in areas such as asset allocation, risk monitoring, portfolio management and implementation, manager selection and review. ESG risks are fully integrated within these areas.
As such, a robust and independent Investment Risk Platform (IRP) is a critical tool utilised in the day-to-day running of the Nest scheme.
As part of Nest Corporation’s long-term plan to evolve our investment strategy, we are seeking to procure an IRP which we can use to monitor and analyse the risk profiles of our investments at both asset class and multi-asset portfolio level.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
60
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
13 February 2023
Local time
5:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
four.2.7) Conditions for opening of tenders
Date
13 February 2023
Local time
5:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.3) Additional information
To register on our e-tendering portal, go to https://nesttenders.bravosolution.co.uk/
Under the "Register or Login" heading, select "Click here to Register". The registration process takes less than 5 minutes. Once you have registered, you will be able to see the opportunity and download the documentation in the attachments area.
If your company is already registered, once you have logged in to your account you will be able to see the opportunity and download this documentation in the attachments area.
six.4) Procedures for review
six.4.1) Review body
Nest Corporation
London
E14 4PU
Country
United Kingdom