01 Procurement
Tender overview
- Buyer
- National Employment Savings Trust (NEST) Corporation
- Status
- Complete
- Procurement method
- Award under framework
- Category
- Not supplied
- CPV classification
- Not supplied
- Tender period
- Not supplied — Not supplied
Description
The Supplier will provide the services outlined below: Critical path items for FY2026/27 (ending 31 March) • Drawn from Co-design phase 2 project plan: o Review of relevant provisions of draft Umbrella Terms with insurer (first pass) o Complete design of annual process for determining income payable from 67-84 o Exits and entrants o Premium payment and price-lock (liaising with Hymans, Rothesay and nest to confirm appropriateness of proposal) o Cohort annuity purchase process • Supporting the TCS build: o NGRF closure and initial cohort set-up o Income initiation pricing process o Wider WTW support on engagement with TCS (e.g. alternatives to the dummy member approach for setting mid-year cohort pricing) o Umbrella terms (second pass) • Modelling support o Regular calls with Will on latest modelling, including methodology discussions and point estimate reviews
This page represents one OCDS contracting process. Notices can be revised over time. Values may be estimates, award values or contract values and should be read with their displayed stage and date.
02 Awards and contracts
Published award records
Retirement consultancy Framework
- Awarded
- 29 September 2026
- Award value
- £275,000
- Suppliers
- 1
- Signed contract
- Not supplied
03 Organisations
Buyers, suppliers and other parties
National Employment Savings Trust (NEST) Corporation
10 South Colonnade, Canary Wharf,, London, UKI42, E14 4PU, United Kingdom
GB-PPON PQGC-5667-VDDTWillis Towers Watson
51 Lime Street, London, UKI31, EC3M 7DQ, United Kingdom
Companies House BR021056 →Companies House links appear only for explicit GB-COH identifiers. BritDB does not create company links from a similar name or address.
04 Provenance
Source for this process
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