Section one: Contracting authority
one.1) Name and addresses
National Employment Savings Trust (NEST)
10 South Colonnade 1st floor
London
E14 4PU
procurement@nestcorporation.org.uk
Telephone
+44 2030563652
Country
United Kingdom
Region code
UKI - London
Internet address(es)
Main address
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