Provision of Fund Administration, Custody & Related Services

Concepts

• pension fund administration
• provision of fund administration
• custody & related services
• nest's current investment custody
• custody services
• potential future services
• core services
• types of services
• custody
• fund administration contract

Location

London:

Description

Nest's current investment custody and fund administration contract expires in October 2025. Nest is therefore undertaking a formal procurement process to consider the current offering in the market and how it services may evolve over the coming decade. There are two types of services included – core functions and potential future services. Core Services included within the scope of the contract: - Custodian services - Asset allocation and rebalancing services - Investment Performance measurement - Investment Compliance monitoring - Investment Tax services Potential future services are described in the procurement documents and are considerations about how we might invest differently in public and private markets over the coming decade.

Total Quantity or Scope

Potential future services are described in the procurement documents and are considerations about how we might invest differently in public and private markets over the coming decade. Additional information: To access tender: 1. Visit https://nesttenders.bravosolution.co.uk/ 2. Register onto the portal 3. Once registered, log on to the portal and, under "Procurement Tools" select "RFI/PQQs Open to All Suppliers" 4. Click on "Provision of Fund Administration, Custody and Related Services" opportunity 5. Under the "RFI/PQQ Details" tab select "Buyer Attachments" to see full ITN document pack.

Renewal Options

This is an ongoing requirement for Nest and, as of date of publication of this notice, it is anticipated that Nest will re-tender this opportunity upon contract expiry (and any contract extension(s) Nest chooses to enter into - see options section).

CPV Codes

• 66523100 - Pension fund administration services
• 66162000 - Custody services

Indicators

• This is a recurring contract.
• Options are available.
• Renewals are available.
• Professional qualifications are sought.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Nest does not bind itself to accept any tender and is not liable for any costs incurred by those expressing an interest or tendering for this opportunity.