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
Country
United Kingdom
NUTS code
UKI - London
Internet address(es)
Main address
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
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 Private Market Data Collection Services & Portfolio Analytics Platform
Reference number
TEN-2122-031
two.1.2) Main CPV code
- 48411000 - Investment management software package
two.1.3) Type of contract
Supplies
two.1.4) Short description
This ITT covers the Nest Investment team's requirement for the Provision of Private Market Data Collection Services and Portfolio Analytics Platform.
Nest is looking for expertise across, but not limited to the provision of data collection services including data validation, data interpretation and data collation. The supplier must also provide an interactive, real-time Portfolio analytics and modelling tool so that Nest can create reports, benchmark data and collect ESG KPIs.
One contract will be awarded. This contract will have an initial duration of 36 months, with the option for Nest to extend for an additional 12 months.
The ITT consists of a shortlisting stage which involves completing a questionnaire (along with a Standard Supplier Questionnaire and Mandatory Questionnaire (declarations). Top bidders (up to 5) will then be invited to participate in a trial stage, where Nest trial the tools for 6 weeks.
Full details of the shortlisting and award criteria can be found in the ITT.
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 48100000 - Industry specific software package
- 48411000 - Investment management software package
- 72314000 - Data collection and collation services
two.2.3) Place of performance
NUTS codes
- UKI4 - Inner London – East
two.2.4) Description of the procurement
This ITT covers the Nest Investment team's requirement for the Provision of Private Market Data Collection Services and Portfolio Analytics Platform.
Nest is looking for expertise across, but not limited to the provision of data collection services including data validation, data interpretation and data collation. The supplier must also provide an interactive, real-time Portfolio analytics and modelling tool so that Nest can create reports, benchmark data and collect ESG KPIs.
One contract will be awarded. This contract will have an initial duration of 36 months, with the option for Nest to extend for an additional 12 months.
The ITT consists of a shortlisting stage which involves completing a questionnaire (along with a Standard Supplier Questionnaire and Mandatory Questionnaire (declarations). Top bidders (up to 5) will then be invited to participate in a trial stage, where Nest trial the tools for 6 weeks.
Full details of the shortlisting and award criteria can be found in the ITT.
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
36
This contract is subject to renewal
Yes
Description of renewals
There will be an option to extend fir an additional 12 months, to bring total length of contract to 48 months.
Upon expiry of contract, Nest will look to retender this requirement.
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 three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
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
12 May 2022
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: 6 (from the date stated for receipt of tender)
four.2.7) Conditions for opening of tenders
Date
12 May 2022
Local time
5:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
Estimated timing for further notices to be published: 48 months
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
six.4) Procedures for review
six.4.1) Review body
Nest Corporation
London
Country
United Kingdom