Scope
Reference
TEN -2526- 019 (PA2023)
Description
Nest requires support to hold our fund managers to account on the voting decisions they take. Each year we focus our efforts on a subset of shares. We compare how our fund managers intend to vote these shares at upcoming general meeting to how our voting policy tells us we would vote in our members' best interests. We identify differences between how our fund managers intend to vote and how we would vote on a particular issue. With the differences identified we have an informed debate with our fund managers and influence them. The approach allows us to meaningfully participate in a dialogue on corporate governance, value, risk, environmental and social matters.
Contract 1
Supplier
Contract value
- £232,875 excluding VAT
- £279,250 including VAT
Above the relevant threshold
Award decision date
19 December 2025
Date assessment summaries were sent to tenderers
7 January 2026
Standstill period
- End: 19 January 2026
- 8 working days
Earliest date the contract will be signed
29 January 2026
Contract dates (estimated)
- 29 January 2026 to 28 January 2029
- Possible extension to 28 January 2031
- 5 years
Description of possible extension:
two 1 year extensions to be activated at Nest's discretion
Main procurement category
Services
CPV classifications
- 66171000 - Financial consultancy services
Contract locations
- UKI - London
Information about tenders
- 3 tenders received
- 2 tenders assessed in the final stage:
- 1 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 1 supplier unsuccessful (details included for contracts over £5 million)
Submission
Submission type
Tenders
Procedure
Procedure type
Competitive flexible procedure
Supplier
MINERVA ANALYTICS LIMITED
- Companies House: 11260966
- Public Procurement Organisation Number: PXCC-1961-QVRD
9 Freebournes Court
Witham
CM8 2BL
United Kingdom
Email: info@minerva.info
Website: https://www.manifest.co.uk/
Region: UKH34 - Essex Haven Gateway
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
Contracting authority
National Employment Savings Trust (NEST) Corporation
- Public Procurement Organisation Number: PQGC-5667-VDDT
10 South Colonnade, Canary Wharf,
London
E14 4PU
United Kingdom
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - central government