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Contract Award Notice

TEN-2122-017 Legal Services

  • First published: 30 June 2022
  • Last modified: 30 June 2022
  • Version: N/A
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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-03131e
Published by:
National Employment Savings Trust (NEST)
Authority ID:
AA22845
Publication date:
30 June 2022
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

This Lot covers the provision to Nest Corporation of legal services for pensions, investment and competition law:

• large, high-value and complex queries relating to Nest’s obligations as a trustee of the Nest pension scheme;

• complex and unique pensions law queries;

• advice across the full range and type of investments undertaken by Nest (including but not limited to expertise in financial services regulation relating to investments across all the major asset classes including public securities, real estate, private equity, credit, infrastructure, hedge funds and managed accounts, and also expertise in funds, derivatives and structured products)

• competition law queries.

Full notice text

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

E-mail: procurement@nestcorporation.org.uk

NUTS: UK

Internet address(es)

Main address: https://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

TEN-2122-017 Legal Services

II.1.2) Main CPV code

79100000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Nest Corporation intends to establish a framework agreement for the provision of Legal Services. The Framework will be divided into 2 lots:

Lot 1: Pensions, Investment and Competition Law

Lot 2: Public, Commercial & Contract, Data Protection, Intellectual Property (IP) and Employment Law

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 3 308 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Pensions, Investment and Competition Law

II.2.2) Additional CPV code(s)

79110000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

This Lot covers the provision to Nest Corporation of legal services for pensions, investment and competition law:

• large, high-value and complex queries relating to Nest’s obligations as a trustee of the Nest pension scheme;

• complex and unique pensions law queries;

• advice across the full range and type of investments undertaken by Nest (including but not limited to expertise in financial services regulation relating to investments across all the major asset classes including public securities, real estate, private equity, credit, infrastructure, hedge funds and managed accounts, and also expertise in funds, derivatives and structured products)

• competition law queries.

II.2.5) Award criteria

Quality criterion: Quality & Technical / Weighting: 65%

Quality criterion: Presentation / Weighting: 10%

Cost criterion: Commercial Offer / Weighting: 25

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

Lot No: 2

II.2.1) Title

Public, Commercial & Contract, Data Protection, Intellectual Property (IP) and Employment Law

II.2.2) Additional CPV code(s)

79110000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

This Lot covers the provision to Nest Corporation of legal services for:

• public procurement law

• public law, including the new subsidy control regime

• general commercial and contract law, with a focus on outsourcing arrangements

• data protection law

• intellectual property law; and

• employment law

II.2.5) Award criteria

Quality criterion: Quality & Technical / Weighting: 65%

Quality criterion: Presentation / Weighting: 10%

Cost criterion: Commercial Offer / Weighting: 25%

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.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

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 000-003203

Section V: Award of contract

Lot No: 1

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

13/06/2022

V.2.2) Information about tenders

Number of tenders received: 7

Number of tenders received from tenderers from non-EU Member States: 7

Number of tenders received by electronic means: 7

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Travers Smith LLP

OC336962

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 1 225 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 1

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

13/06/2022

V.2.2) Information about tenders

Number of tenders received: 7

Number of tenders received by electronic means: 7

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Eversheds Sutherland (International) LLP

OC304065

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 1 225 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 1

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

13/06/2022

V.2.2) Information about tenders

Number of tenders received: 7

Number of tenders received by electronic means: 7

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

CMS Cameron McKenna Nabarro Olswang LLP

OC310335

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 1 225 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

07/04/2022

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Bevan Brittan LLP

OC309213

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 2 083 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

07/04/2022

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Pinsent Masons LLP

OC333653

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 2 083 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: TEN-2122-017

Title: Legal Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

07/04/2022

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Dentons UK & Middle East LLP

OC322045

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 2 083 000.00  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

E-mail: procurement@nestcorporation.org.uk

Internet address(es)

URL: www.nestpensions.org.uk

VI.5) Date of dispatch of this notice

29/06/2022

Coding

Commodity categories

ID Title Parent category
79110000 Legal advisory and representation services Legal services
79100000 Legal services Business services: law, marketing, consulting, recruitment, printing and security

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@nestcorporation.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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