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Published 14 Jan 2026, 16:27 GMT

Official UK procurement notice

Retirement Income Blueprint · UK public procurement notice

Official notice

Authority: National Employment Savings Trust (NEST) Corporation (Central government)

Award under framework
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Awarded value£300,000published award · exc. VAT
Awarded 14 Jan 2026
Awarded to Towers Watson Ltd, Willis Towers Watson

What is being bought

Published requirement description

The Supplier will

organise workshops, in 'sprint'-style format, to support Nest Invest to agree positions on topics related to its retirement income blueprint

will prepare pre-reading materials and papers documenting the outcomes of workshops, for subjects relating to the retirement income blueprint, including the subjects above.

will also carry out related relevant actions to support the design of the income distribution approach and associated modelling

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: London
66171000 Financial consultancy services

Procedure terms & legal framework

From the official record
Procedure method
Award under framework
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Call-off under a framework
Competition type
Direct award (no call for competition)
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
14 Jan 2026, 16:27 GMT
Last source update
26 Jun 2026, 10:08 BST
Authority reference
TEN -2526-011 (PA2023) LOT NO 3 Call off number 1
FTS notice number
2026/S 000-060144
Latest notice
Contract termination notice (UK11)
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-060601 Find a Tender
Related procedures1

Notice history

4 events · 3 releases on Find a Tender · since 14 Jan 2026
  1. Contract award notice published
    14 Jan 2026, 16:27 GMT
    UK6
  2. Contract signature expected
    16 Jan 2026, 23:59 GMT
    scheduled
  3. Contract details notice published
    6 Feb 2026, 09:11 GMT
    UK7
  4. Contract termination notice published
    26 Jun 2026, 10:08 BST
    UK11

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £300,0001 award exc. VAT
Contracts signed 1latest 16 Jan 2026
Awarded toValueDateStatus
Towers Watson Ltd, Willis Towers Watsonjoint award16 Jan 2026 – 29 May 2026£300,00014 Jan 2026Awarded

Contracts

  • Contract 1 · Towers Watson Ltd, Willis Towers Watson

    Signed
    16 Jan 2026
    Value
    £300,000
    Period
    16 Jan 2026 – 29 May 2026
    Status
    terminated
    Final value
    £300,000
    Termination
    contractCompleted

    No agreed KPIs: This is a framework with work be awarding vis separate call off contracts

Contracting authority & participating public bodies

National Employment Savings Trust (NEST) Corporation

Contracting authorityPublic authority - central government GB-PPON: PQGC-5667-VDDT 10 South Colonnade, Canary Wharf,, London, London, E14 4PUContact email

Bidders & participating suppliers

2 commercial parties on the notice
  • TOWERS WATSON LIMITEDAwarded supplierGB-COH: 05379716GB-PPON: PCQM-4544-RGMV Watson House, Reigate, South East, RH2 9PQContact email
  • Willis Towers WatsonAwarded supplierGB-COH: BR021056GB-PPON: PRTB-7625-DNJD 51 Lime Street, London, London, EC3M 7DQContact email

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure