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Official procurement procedure

Provision of Investment Risk Platform Services

Investment management software development services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: National Employment Savings Trust (NEST) : "Provision of Investment Risk Platform Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityNational Employment Savings Trust (NEST) Scope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: National Employment Savings Trust (NEST) 
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for National Employment Savings Trust (NEST) . These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
7.6Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 16 active published awards; 16 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published30 Nov 2023, 10:53 GMT
Last source update30 Nov 2023, 10:53 GMT
Recurring procurementNot published
ClassificationInvestment management software development services
Delivery area
UK
OCIDocds-h6vhtk-039791
What is being bought
This tender requirement is for the Provision of Investment Risk Platform Services across a five year contract duration, to support Nest in monitoring and analysing risk profiles of their investments at both asset class and multi-asset portfolio level.
What changed
From the official release history
  1. Status changed to complete
    30 Nov 2023, 10:53 GMT
  2. Official notice release published
    30 Nov 2023, 10:53 GMT
  3. Submission deadline changed to published date
    30 Nov 2023, 10:53 GMT
  4. Status changed to active
    13 Jan 2023, 20:09 GMT
  5. Official notice release published
    13 Jan 2023, 20:09 GMT
  6. Submission deadline changed to 13 Feb 2023, 17:00 GMT
    13 Jan 2023, 20:09 GMT
  7. Buyer information updated
    13 Jan 2023, 20:09 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    This tender requirement is for the Provision of Investment Risk Platform Services across a five year contract duration, to support Nest in monitoring and analysing risk profiles of their investments at both asset class and multi-asset portfolio level.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    30 Nov 2023, 10:53 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 30 Sept 2023, 00:00 BST · £1,750,000
Commercial outcome and competition
Awards
BlackRock Financial Management Inc
Not published · Not published · active
Contracts
Provision of Investment Risk Platform Services
£1,750,000 · signed 30 Sept 2023, 00:00 BST · active
Bid statistics
bids: 7 (lot 1)
electronicBids: 7 (lot 1)
Buyer and organisations in this procedure

National Employment Savings Trust (NEST) 

Contracting authority GB-FTS-4649
View buyer profile
  • National Employment Savings Trust (NEST) 
    buyer

    10 South Colonnade 1st floor, London, UK, E14 4PU
  • BlackRock Financial Management Inc
    supplier

    50 Hudson Yards, New York, US, NY 10001
  • High Court
    mediationBody

    London
  • Nest Corporation
    reviewBody

    10 South Colonnade, London, E14 4PU
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published