Contract

Retirement Income Blueprint

  • National Employment Savings Trust (NEST) Corporation

UK7: Contract details notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-010759

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

Published 6 February 2026, 9:11am

Scope

Reference

TEN -2526-011 (PA2023) LOT NO 3 Call off number 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

Date signed

16 January 2026

Contract dates

  • 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

Justification for not setting key performance indicators

This is a framework with work be awarding vis separate call off contracts

Other information

Conflicts assessment prepared/revised

Yes

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

Willis Towers Watson

  • Companies House: BR021056
  • Public Procurement Organisation Number: PRTB-7625-DNJD

51 Lime Street

London

EC3M 7DQ

United Kingdom

Email: andrew.chatel@wtwco.com

Website: http://www.wtwco.com

Region: UKI31 - Camden and City of London

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

Email: Procurement@nestcorporation.org.uk

Region: UKI42 - Tower Hamlets

Organisation type: Public authority - central government