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Services - 400972-2016

15/11/2016    S220    Services - Prior information notice without call for competition - Not applicable 

United Kingdom-London: Pension investment services

2016/S 220-400972

Prior information notice

This notice is for prior information only


Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
Official name: National Employment Savings Trust (NEST)
Postal address: Riverside House, 2a Southwark Bridge Road
Town: London
NUTS code: UKI
Postal code: SE1 9HA
Country: United Kingdom
Telephone: +44 203563724

Internet address(es):

Main address:

Address of the buyer profile:

I.2)Information about joint procurement
Additional information can be obtained from the abovementioned address
I.4)Type of the contracting authority
Body governed by public law
I.5)Main activity
Other activity: Economic and Financial Affairs

Section II: Object

II.1)Scope of the procurement

Global High Yield Fund.

Reference number: TEN-1617-034
II.1.2)Main CPV code
II.1.3)Type of contract
II.1.4)Short description:

The National Employment Savings Trust (‘NEST’) is a defined contribution trust based occupational pension scheme and is a qualifying scheme for auto-enrolment purposes under the Pensions Act 2008. NEST helps millions of members, many of whom have never before saved in a pension scheme. It is vital for our members that they have a high quality, low charge product which they can trust to deliver acceptable outcomes.

NEST is now looking to add an actively managed Global High Yield Bond Fund to the range of building blocks. The search is for a pooled fund.

II.1.5)Estimated total value
II.1.6)Information about lots
This contract is divided into lots: no
II.2.2)Additional CPV code(s)
II.2.3)Place of performance
NUTS code: UKI
II.2.4)Description of the procurement:

NEST is now looking to add an actively managed Global High Yield Bond Fund to the range of building blocks. The search is for a pooled fund.

II.2.14)Additional information


This activity falls under within The Public Contracts Regulations 2015, ‘Specific exclusion for service contracts’ Regulation 10 ( e) (i) and therefore is exempt and a Contract Notice will NOT be issued.

For tender documents please go to

II.3)Estimated date of publication of contract notice:

Section IV: Procedure

IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: yes

Section VI: Complementary information

VI.3)Additional information:

This procurement activity falls under Regulation 10

( e) (i) of The Contracts Regulations 2015 (PCR15) and therefore has specific exclusion from PCR15. A Contract Notice will NOT be published.


Further details can only be found in the Invitation to Tender document, which can be downloaded by registering at

VI.5)Date of dispatch of this notice: