Contract

Provision of ESG Data Services

  • National Employment Savings Trust (NEST) 

F03: Contract award notice

Notice identifier: 2023/S 000-001515

Procurement identifier (OCID): ocds-h6vhtk-0345b1

Published 18 January 2023, 11:37am



Section one: Contracting authority

one.1) Name and addresses

National Employment Savings Trust (NEST) 

10 South Colonnade 1st floor

London

E14 4PU

Email

procurement@nestcorporation.org.uk

Telephone

+44 2030563652

Country

United Kingdom

Region code

UKI - London

Internet address(es)

Main address

www.nestpensions.org.uk

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Provision of ESG Data Services

Reference number

TEN-2223-003

two.1.2) Main CPV code

  • 72319000 - Data supply services

two.1.3) Type of contract

Services

two.1.4) Short description

This tender requirement is for the provision of ESG (Environmental, Social & Governance) data, across a 3-year contract duration (with the option to extend for 12 months), to support Nest in its responsible investment activities and reporting.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £220,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

Nest tender for the provision of ESG data for four main purposes:

1. To assess and ensure that our funds are adhering to our responsible investment standards and highlight companies that are failing to meet those standards so Nest can better focus its engagement efforts.

2. To ensure our funds are meeting our responsible investment standards, the data must be able to highlight holdings in controversial industries and activities, as well as provide data at a portfolio and company level of performance in key ESG areas.

3. To highlight companies that fail to meet Nest’s standards and with which Nest may want to engage with, data must use the most up to date information.

4. To ensure where our additional investment fund choices have specific policies in relation to values and ethics, we can monitor fund manager performance and update our policy from time-to-time.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70%

Quality criterion - Name: Presentation / Weighting: 10%

Price - Weighting: 20%

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.2.1) Previous publication concerning this procedure

Notice number: 2022/S 000-016140


Section five. Award of contract

Contract No

TEN-2223-003

Title

Provision of ESG Data

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

9 January 2023

five.2.2) Information about tenders

Number of tenders received: 12

Number of tenders received by electronic means: 12

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Clarity AI Ltd

PO Box W2 4HZ, 30 Palace Court, Flat A

London

W2 4HZ

Country

United Kingdom

NUTS code
  • UKI - London
National registration number

12448515

The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £220,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Nest Corporation

10 South Colonnade

London

E14 4PU

Country

United Kingdom