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PROCUREMENT OPPORTUNITY

Nest Invest consultancy services

National Employment Savings Trust (NEST) Corporation · Contract details notice on Find a Tender

Tender information last checkedLast checked 5 Oct 2026, 07:36.

Opportunity overview

Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS) with assets under management of £25 billion and above specific to the following areas:

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

TOWERS WATSON LIMITED

Matched by number
Contract value
£10m
Awarded
Not supplied
Contract signed
31 Dec 2025
Including VAT
£12m
Award ID
3
Status
active
Identifier
GB-COH 05379716
Location
Reigate, UKJ26, RH2 9PQ, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 3Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
TEN -2526-011 LOT3
Status
complete
Procurement Method
open
Procurement Method Details
Open procedure

Legal basis

Id
2023/54
Scheme
UKPGA

Techniques

Has Framework Agreement
Yes

Framework Agreement

Method
withoutReopeningCompetition
Type
closed
Description
Each Lot has a single supplier . Work is awarded via call off Contracts. Pricing for Call offs will be based on rates bid as part of the competitive bid process

Lots and requirements

Entry 1
Id
3
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
National Employment Savings Trust (NEST) Corporation
Id
GB-PPON-PQGC-5667-VDDT

Identifier

Scheme
GB-PPON
Id
PQGC-5667-VDDT

Address

Street Address
10 South Colonnade, Canary Wharf,
Locality
London
Postal Code
E14 4PU
Country
GB
Country Name
United Kingdom
Region
UKI42

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
TOWERS WATSON LIMITED
Id
GB-COH-05379716

Identifier

Scheme
GB-COH
Id
05379716

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PCQM-4544-RGMV

Address

Street Address
Watson House
Locality
Reigate
Postal Code
RH2 9PQ
Country
GB
Country Name
United Kingdom
Region
UKJ26

Contact

Roles

supplier

Details

Scale
large
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
3
Status
active
Main Procurement Category
services

Items

Item 1
Id
3
Related Lot
3

Additional Classifications

Entry 1
Scheme
CPV
Id
66171000
Description
Financial consultancy services

Delivery locations

Entry 1
Region
UKI
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-05379716
Name
TOWERS WATSON LIMITED

Related lots

3

Contracts and changes

Entry 1
Id
3
Award ID
3
Status
active
Above Threshold
Yes
Date Signed
31 Dec 2025, 00:00

Period

Starts
31 Dec 2025, 00:00
Ends
30 Dec 2029, 23:59

Value

Including VAT
12,000,000
Amount
10,000,000
Currency
GBP

Documents

Entry 1
Id
A-10109
Document Type
contractSigned
Format
application/pdf
Entry 2
Id
002036-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
9 Jan 2026, 16:34
Format
text/html

Recorded locations

  • Buyer location · London · UKI42 · E14 4PU · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 002036-2026Contract details notice on Find a Tender ·