Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
National Employment Savings Trust (NEST)
10 South Colonnade 1st floor
London
E14 4PU
UK
Telephone: +44 2030563652
E-mail: procurement@nestcorporation.org.uk
NUTS: UKI
Internet address(es)
Main address: www.nestpensions.org.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Provision of ESG Data Services
Reference number: TEN-2223-003
II.1.2) Main CPV code
72319000
II.1.3) Type of contract
Services
II.1.4) Short description
This tender requirement is for the provision of ESG (Environmental, Social & Governance) data, across a 3-year contract duration (with the option to extend for 12 months), to support Nest in its responsible investment activities and reporting.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
220 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
Nest tender for the provision of ESG data for four main purposes:
1. To assess and ensure that our funds are adhering to our responsible investment standards and highlight companies that are failing to meet those standards so Nest can better focus its engagement efforts.
2. To ensure our funds are meeting our responsible investment standards, the data must be able to highlight holdings in controversial industries and activities, as well as provide data at a portfolio and company level of performance in key ESG areas.
3. To highlight companies that fail to meet Nest’s standards and with which Nest may want to engage with, data must use the most up to date information.
4. To ensure where our additional investment fund choices have specific policies in relation to values and ethics, we can monitor fund manager performance and update our policy from time-to-time.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 70%
Quality criterion: Presentation
/ Weighting: 10%
Price
/ Weighting:
20%
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2022/S 000-016140
Section V: Award of contract
Contract No: TEN-2223-003
Title: Provision of ESG Data
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
09/01/2023
V.2.2) Information about tenders
Number of tenders received: 12
Number of tenders received by electronic means: 12
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Clarity AI Ltd
12448515
PO Box W2 4HZ, 30 Palace Court, Flat A
London
W2 4HZ
UK
NUTS: UKI
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 220 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Nest Corporation
10 South Colonnade
London
E14 4PU
UK
VI.5) Date of dispatch of this notice
18/01/2023