Award

Retirement Income Blueprint

  • National Employment Savings Trust (NEST) Corporation

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-003235

Procurement identifier (OCID): ocds-h6vhtk-060601 (view related notices)

Published 14 January 2026, 4:27pm



Scope

Reference

TEN- 2526 -011 LOT3 Call off No 1

Description

The Supplier will

organise workshops, in 'sprint'-style format, to support Nest Invest to agree positions on topics related to its retirement income blueprint

will prepare pre-reading materials and papers documenting the outcomes of workshops, for subjects relating to the retirement income blueprint, including the subjects above.

will also carry out related relevant actions to support the design of the income distribution approach and associated modelling


Contract 1

Supplier

Contract value

  • £300,000 excluding VAT
  • £360,000 including VAT

Above the relevant threshold

Award decision date

14 January 2026

Earliest date the contract will be signed

16 January 2026

Contract dates (estimated)

  • 16 January 2026 to 29 May 2026
  • 4 months, 14 days

Main procurement category

Services

CPV classifications

  • 66171000 - Financial consultancy services

Contract locations

  • UKI - London

Procedure

Procedure type

Award under framework

Framework being used

Nest Invest consultancy services

Lot 3. Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS

Award without competition - single supplier


Supplier

TOWERS WATSON LIMITED

  • Companies House: 05379716
  • Public Procurement Organisation Number: PCQM-4544-RGMV

Watson House

Reigate

RH2 9PQ

United Kingdom

Region: UKJ26 - East Surrey

Small or medium-sized enterprise (SME): No

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