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Provision of Nest Scheme Administration Services

National Employment Savings Trust - London , London, United Kingdom →

Award notice

The Authority has procured a fully outsourced service for the build, delivery and operation of administration services for the defined contribution pension scheme known as the National Employment Savings Trust. The administration services will support auto-enrolment and be delivered primarily via digital channels.The contract will be for a minimum term of 10 years, with an optional extension period of up to 5 years, and the option of an additional period of up to 3 years for exit.The total contract value is indicative and...

The Authority has procured a fully outsourced service for the build, delivery and operation of administration services for the defined contribution pension scheme known as the National Employment Savings Trust. The administration services will support auto-enrolment and be delivered primarily via digital channels.The contract will be for a minimum term of 10 years, with an optional extension period of up to 5 years, and the option of an additional period of up to 3 years for exit.The total contract value is indicative and covers this potential 18 year period.

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Contract status:

Award notice - awarded

Contract value:

£1.5B

Contract can renew:

No

Contract type:

Services

Contract sectors:

  • Database systems
  • Software package and information systems
  • Operating systems
  • Miscellaneous software package and computer systems
  • Financial and insurance services
  • Database systems
  • Software package and information systems
  • Operating systems
  • Miscellaneous software package and computer systems
  • Financial and insurance services
  • Insurance and pension services
  • IT services: consulting, software development, Internet and support
  • Systems and technical consultancy services
  • Data-processing services
  • Computer-related services
  • Wide area network services
  • Business services: law, marketing, consulting, recruitment, printing and security
  • Technical testing, analysis and consultancy services
  • Miscellaneous business and business-related services
  • Administration services
  • General public services
  • Supporting services for the government
  • Compulsory social security services
  • Government employee pension schemes
  • Industrial control software package
  • Internet and intranet software package
  • Business transaction and personal business software package
  • Investment management and tax preparation software package
  • Pension services
  • See 19 more...

Contract has EU funding:

No


Contract notice published:

9 March 2021

Contract tender deadline:

-

Contract start:

9 March 2021

Contract end:

2 February 2031

Contract duration:

9 years, 11 months


Contract value awarded:

£1.5B

Contract awarded:

3 February 2021


Opportunity analysis: National Employment Savings Trust

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in the next 12 months, buyer has 999 contracts worth £999m due to end
in the next 12 months, buyer has 999 contracts worth £999m due to end
in the next 12 months, buyer has 999 contracts worth £999m due to end
in the next 12 months, buyer has 999 contracts worth £999m due to end
Supplier name City Region Country SME Award value
Atos BPS Limited London London United Kingdom Yes £1.5B