Section one: Contracting authority
one.1) Name and addresses
National Employment Savings Trust (NEST)
10 South Colonnade
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
TEN-2223-003 ESG Data Services
two.1.2) Main CPV code
- 66141000 - Pension fund management 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, to support Nest in its responsible investment activities and reporting.
The documents for this tender are available via Nest's e-tendering portal at https://nesttenders.bravosolution.co.uk/.
Companies wishing to view these documents should register to create an account on the portal at the link above by selecting the “Click here to Register” option under the "Register or Login" heading.
Companies who are already registered on the portal will be able to view the documents in the Attachments area once they have logged into their account.
two.1.5) Estimated total value
Value excluding VAT: £180,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Nest requires 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
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
Start date
10 October 2022
End date
9 October 2025
This contract is subject to renewal
Yes
Description of renewals
The contract will have a duration of 3 years, with the option to extend for up to 1 years (ie, 3+1).
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.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
Please refer to tender documents.
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
three.2) Conditions related to the contract
three.2.1) Information about a particular profession
Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision
Please refer to tender 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
14 July 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
14 July 2022
Local time
5:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
six.3) Additional information
The documents for this tender are available via Nest's e-tendering portal at https://nesttenders.bravosolution.co.uk/.
Companies wishing to view these documents should register to create an account on the portal at the link above by selecting the “Click here to Register” option under the "Register or Login" heading.
Companies who are already registered on the portal should be able to see the opportunity and download the documentation in the attachments area once they have logged into their account.
six.4) Procedures for review
six.4.1) Review body
Nest Corporation
10 South Colonnade
London
E14 4PU
Country
United Kingdom