Nest Scheme Banking Services

Concepts

• banking services
• nest scheme banking services
• the scheme
• the national employment savings trust (nest) scheme
• banking
• nest
• member’s other pension pots
• member’s pension pots
• member’s benefits
• valuations

Location

London

Description

A new banking contract for the National Employment Savings Trust (Nest) Scheme.

Total Quantity or Scope

This ITT is to procure a new banking contract for the National Employment Savings Trust (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).

Renewal Options

This contract will be renewed upon expiry as banking services will be an ongoing requirement.

CPV Codes

• 66110000 - Banking services

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Award on basis of price and quality.