Scope
Description
Nest is a low-cost, occupational pension scheme. It's run as a trust-based scheme in the interests of its members. Established in 2010, Nest is a critical pillar of the Government's automatic enrolment programme, with a public service obligation (PSO) to accept any employer wishing to use the scheme to discharge their automatic enrolment duties.
Nest hires roles across a broad range of fields, including but not limited to pensions, risk and compliance, legal, secretariat, product design and experience, project management, technology and cyber, HR, finance, data analysis.
This ITT covers Nest's requirement for the provision of recruitment services for permanent, fixed term and interim roles. Nest is seeking to contract with suppliers to provide general and specialist permanent recruitment services.
As a result, Nest is looking for a solution where suppliers can provide either good coverage across a broad range of our requirements, or are specialist providers within one or more sectors and have access to candidates with a broad skill set.
Commercial tool
Establishes a framework
Total value (estimated)
- £2,800,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 2 June 2025 to 1 June 2027
- Possible extension to 1 June 2029
- 4 years
Description of possible extension:
2 x 12 months
Main procurement category
Services
CPV classifications
- 79600000 - Recruitment services
Contract locations
- UK - United Kingdom
Lot 1. Interim
Description
For interim roles across a broad range of fields, including but not limited to investment and pensions, risk and compliance, legal, secretariat, product design and experience, project management, technology and cyber, HR, finance, data analysis
Lot value (estimated)
- £700,000 including VAT
Framework lot values may be shared with other lots
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 2. Permanent/fixed term
Description
For permanent/fixed term roles across a broad range of fields, including but not limited to investment and pensions, risk and compliance, legal, secretariat, product design and experience, project management, technology and cyber, HR, finance, data analysis
Lot value (estimated)
- £700,000 including VAT
Framework lot values may be shared with other lots
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 3. Pay Role Services
Description
A payroll services for "client-found" interims that have been identified to complete project assignments at Nest
Lot value (estimated)
- £700,000 including VAT
Framework lot values may be shared with other lots
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 4. Executive Search
Description
Executive Search firms for senior and/or niche roles in all parts of the Corporation.
Lot value (estimated)
- £700,000 including VAT
Framework lot values may be shared with other lots
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Framework
Maximum number of suppliers
Unlimited
Maximum percentage fee charged to suppliers
0%
Framework operation description
Arrangement Fees
Award method when using the framework
Either with or without competition
Contracting authorities that may use the framework
Establishing party only
Participation
Particular suitability
Lot 1. Interim
Lot 2. Permanent/fixed term
Lot 3. Pay Role Services
Lot 4. Executive Search
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
26 March 2025, 12:00pm
Tender submission deadline
14 April 2025, 12:00pm
Submission address and any special instructions
https://nesttenders.bravosolution.co.uk
Please submit Tender pack & Supplier Information from Central Digital Platform (FTS) as a data download alongside your tender
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
5 May 2025
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Fees/Rates | Cost | 27% |
| Experience | Quality | 21% |
| Diversity - Sourcing Approach | Quality | 21% |
| Diversity within Workforce | Quality | 14% |
| Areas of Recruitment | Quality | 7% |
| SLA's | Quality | 7% |
| Rebate Policy | Cost | 3% |
Other information
Description of risks to contract performance
Nest is continuing to grow and current staff requirements are unknown, there is a possibility that staff requirements could exceed current levels estimated.
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Justification for not publishing a preliminary market engagement notice
Not required as Nest is aware of the market, and there is no need to develop its requirements.
Contracting authority
Nest Corporation
- Public Procurement Organisation Number: PQGC-5667-VDDT
10 South Colonnade
London
E14 4PU
United Kingdom
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - sub-central government