Provision of Nest Scheme administration services
The Authority has awarded a contract to Tata Consultancy Services (TCS) for the build, delivery and operation of administration services for the defined contribution pension scheme known as the National Employment Savings Trust. The administration services will support auto-enrolment and be delivered primarily via digital channels. The contract will be for a minimum term of 10 years, with an optional extension period of up to 5 years, and the option of an additional period of up to 3 years for exit. The total contr...
Buyer
1
Value
£1,500,000,000
Published
21 Jun 2023
Closes
21 Jun 2023
Procurement details
Source
Find a Tender
Region
Tower Hamlets
Procurement method
Limited
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66000000
Financial and insurance services
48000000
Software package and information systems
71600000
Technical testing, analysis and consultancy services
72000000
IT services: consulting, software development, Internet and support
75100000
Administration services
75320000
Government employee pension schemes
79000000
Business services: law, marketing, consulting, recruitment, printing and security
Lots
Lot 1 Provision of Nest Scheme administration services
£1,500,000,000
The Authority has procured a fully outsourced service for the build, delivery and operation of administration services for the defined contribution pension scheme known as the National Employment Savings Trust. The administration services will support auto-enrolment and be delivered primarily via digital channels. The contract will be for a minimum term of 1...
Delivery: London
Documents
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