TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity

A Tender Notice
by NEST CORPORATION

Source
Find a Tender
Type
Contract (Services)
Duration
10 year
Value
___
Sector
BUSINESS
Published
25 Apr 2025
Delivery
29 Jan 2026 to 28 Jan 2036
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Nest is seeking an insurer to partner with to develop a bulk deferred annuity. We anticipate that the supplier appointed to partner with Nest for the co-design period would also be appointed to be the provider of the bulk annuity to Nest for an exclusive period.

Renewal Options

2 year extension in 1 year intervals

Award Criteria

Procurement Specific Questionnaire Used for Stage 1 Invitation to Participate - Will be a Pass/Fail Scoring Citeria
Strategic Alignment Stage 2 Initial Tenders Shortlisting Evaluation Criteria
Strategic Partnership Stage 2 Initial Tenders Shortlisting Evaluation Criteria
Co-design requirements: resourcing and delivery approach Stage 2 Initial Tenders Shortlisting Evaluation Criteria
Co-design requirements: innovation and product development capability Stage 2 Initial Tenders Shortlisting Evaluation Criteria
Co-design requirements: pricing data and insight Stage 2 Initial Tenders Shortlisting Evaluation Criteria - Will be a Pass/Fail Scoring Citeria for this question
Ability to deliver the requirements of the bulk deferred annuity Stage 2 Initial Tenders Shortlisting Evaluation Criteria
Ability to deliver the requirements of the bulk deferred annuity pricing data Stage 2 Initial Tenders Shortlisting Evaluation Criteria - Will be a Pass/Fail Scoring Citeria for this question
Strategic Alignment Stage 4 Final Tenders Award Evaluation Criteria
Strategic Partnership Stage 4 Final Tenders Award Evaluation Criteria
Co-design requirements: resourcing and delivery approach Stage 4 Final Tenders Award Evaluation Criteria
Co-design requirements: innovation and product development capability Stage 4 Final Tenders Award Evaluation Criteria
Ability to deliver the requirements of the bulk deferred annuity Stage 4 Final Tenders Award Evaluation Criteria

CPV Codes

  • 66131100 - Pension investment services

Indicators

  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

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