Find a TenderAwarded
Published 16 Feb 2024, 16:27 GMT

Official UK procurement notice

Provision of a test and lean Digital Programmatic Campaign

Official notice

Authority: National Employment Savings Trust (NEST)

ServicesOpen procedure
Published estimate£2,000,000exc. VAT
Submissions closed 28 Mar 2024awarded 28 Nov 2024
Awarded to National Westminster Bank PLC, The Kite Factory2 awards

What is being bought

Published requirement description

This contract is awarded for Nest Scheme, which is used for managing members contributions into the scheme, providing valuations of member’s pension pots within the scheme, and paying member’s benefits out of the scheme (including the transfer of funds into and out of member’s other pension pots)

CPV: Advertising campaign services

The lotProcurement structure

single lot · no lot value published
Lot #1The Contract is awarded to undertake a test and learn campaign approach to understand…AwardedRenewal

The Contract is awarded to undertake a test and learn campaign approach to understand how programmatic digital advertising can best be used to reach our members online and drive specific actions from them.

Delivery: UK
Extensions: Option 1 includes the production of a creative element Option 2 excludes the production of a creative element · This contract will be renewed upon expiry as banking services will be an ongoing requirement.Variant bids: not allowed

What it takes to win
i

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 more
How bids were scored
Quality: 75%Price: 25%
Published sub-criteria (2)
  • Quality & Technical: 75%
  • Cost: 25%
Published award criteria (2)
  • Quality & Technical: 75%
  • Cost: 25%
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
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
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
16 Feb 2024, 16:27 GMT
Last source update
16 Dec 2024, 07:41 GMT
Award evaluation window
28 Mar 2024 – …
Authority reference
TEN 2425 001
FTS notice number
2024/S 000-040365
Classification (CPV)
Advertising campaign services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-043ae4 Find a Tender
Review and risk notes
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.

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
28 Mar 2024, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
28 Mar 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

28 Mar 2024 → 16 Dec 2024 · 3 dates
  1. Submission deadline
    28 Mar 2024, 12:00 GMT
  2. Bids opened
    28 Mar 2024, 12:00 GMT
  3. Notice published
    16 Dec 2024, 07:41 GMT

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    23 Oct 2024, 11:37 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £2,340,0002 contracts exc. VAT
Bids received 15
Contracts signed 2latest 28 Nov 2024
Awarded toValueDateStatus
National Westminster Bank PLCProvision of Nest Scheme Banking Services£2,000,000 †—Awarded
The Kite FactoryDigital Media Services for a test and learn Programmatic Campaign£340,000 †—Awarded

Contracts

  • Digital Media Services for a test and learn Programmatic Campaign · The Kite Factory

    Signed
    28 Nov 2024
    Value
    £340,000
    Status
    active
  • Provision of Nest Scheme Banking Services · National Westminster Bank PLC

    Signed
    9 Oct 2024
    Value
    £2,000,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
15bids———

Contracting authority & participating public bodies

National Employment Savings Trust (NEST)

Contracting authorityBody governed by public lawEconomic affairs 10 South Colonnade 1st floor, London, UK, E14 4PUContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body London

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.