Official UK procurement notice
Provision of Commercial Advisory Services
Authority: National Employment Savings Trust (NEST) ·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThis contract is for a small advisory panel (on a 4-year Framework Agreement) who can provide specialist commercial and contract management expertise to Nest.
- Recurrence: 3.5 year after agreement is established
CPV: Business and management consultancy and related services
How this framework works
From the published notice- Places
- up to 3 suppliers · 11 bids received (3.7 per place) · 3 appointed (full)
The lotProcurement structure
single lot · value publishedLot #1This contract is for a small advisory panel (on a 4-year Framework Agreement) who can…AwardedRenewalPublished value£1,500,000
This contract is for a small advisory panel (on a 4-year Framework Agreement) who can provide specialist commercial and contract management expertise to Nest.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Quality: 75%
- Cost: 25%
Published award criteria (2)
- Quality: 75%
- Cost: 25%
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
- “Provision of Commercial Advisory Services” is a framework: the contest is a place on its panel, up to 3 suppliers, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · 3.5 year after agreement is established
- First published
- 25 Apr 2024, 16:28 BST
- Last source update
- 6 Sept 2024, 11:23 BST
- Award evaluation window
- 16 May 2024 – …
- Authority reference
TEN-2324-031- FTS notice number
2024/S 000-028576- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04553aFind a Tender
- Review procedure
The contracting authority will operate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers to provide time for unsuccessful tenderers to challenge the award decision before the contract is entered into.
Unsuccessful tenderers shall be notified by the contracting authority as soon as possible after the decision is made as to the reasons why they were unsuccessful.
The Public Contracts Regulations 2015 provide that aggrieved parties who have been harmed, or are at risk of harm, by breach of the rules are to take action in the High Court (England, Wales and Northern Ireland)
Publisher note: Nest does not bind itself to accept any tender and is not liable for any costs incurred by those expressing an interest or tendering for this opportunity.
How it was run
Official notice- Appointment period ends
- 16 May 2024, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 16 May 2024, 12:00 BST
Timeline
16 May 2024 → 6 Sept 2024 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown16 May 2024, 12:00 BST
- Bids opened16 May 2024, 12:00 BST
- Notice published6 Sept 2024, 11:23 BST
Notice history
2 events · 2 releases on Find a Tender · since 6 Sept 2024- Status changed to complete6 Sept 2024, 11:23 BST
- Buyer details updated6 Sept 2024, 11:23 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast3 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
All 3 of these contracts carry the same published figure, £1,500,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.
Contract 028576-2024-1
- Signed
- 6 Aug 2024
- Value
- ceiling above
- Status
- active
Contract 028576-2024-2
- Signed
- 6 Aug 2024
- Value
- ceiling above
- Status
- active
Contract 028576-2024-3
- Signed
- 6 Aug 2024
- Value
- ceiling above
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 11bids · 11 electronic | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- High CourtReview body
Framework contractors & participating bidders
3 commercial parties on the notice- Baringa Partners LLPFramework contractor
- Efficio LtdFramework contractor
- PricewaterhouseCoopers LLP UKFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria