NEST Scheme Administration · Awarded contract
Awarded

Provision of Nest Scheme Administration Services to NEST Scheme Administration

Awarded 03 Feb 2021

View live tenders
Awarded03 Feb 2021
Value£1,500,000,000.00
SupplierAtos BPS Limited
AgencyNEST Scheme Administration
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 4y 3mo10y term, 57% elapsed
Awarded 3 Feb 2021Expires 2 Feb 2031

About

NEST Scheme Administration awarded a contract to Atos BPS Limited for the build, delivery, and operation of administration services for the National Employment Savings Trust, a defined contribution pension scheme.

The services support auto-enrolment and are delivered primarily via digital channels.

The contract has a minimum term of 10 years, with an optional extension of up to 5 years and an additional exit period of up to 3 years, covering a potential 18-year period.

The total contract value is AUD 1,500,000,000.

The procurement was conducted in accordance with the Public Contracts Regulations 2015.

Critical Success Factors include managing risks, enabling a commercially sustainable Nest, securing value for money, and improving customer outcomes.

Similar open tenders12

Pension Administrative Services for Bank Employees – 6+5 Year Contract (£9M–£14M)Finance & Insurance
08 Feb 2027
Flexible Employee Benefits Administration Service and Cloud Platform – Ofcom (from July 2027)IT & Software
30 Nov 2026
Dynamic Purchasing System for Approved Estates Services ContractorsConstruction
03 Jan 2028
Eastern Region Examination System Application — Licences, Support and Configuration (up to 8-year contract)IT & Software
11 Dec 2026
Alternative Provider Medical Service (APMS) for Sunderland — 7-Year NHS Contract from 15 April 2027Health & Medical
11 Nov 2026
Legal Services for UK Public Sector – 60‑Month Purchasing System Accessible to NHS, Local Authorities, Housing, Education and CharitiesConsultancy & Legal
31 May 2029
Independent Audit Services for National Library of Wales Staff Superannuation SchemeConsultancy & Legal
11 Nov 2026
Scaffolding Services DPS for UK Public Sector – 60-Month Agreement Extended to 31 May 2029Construction
31 May 2029
Apprenticeships Training Dynamic Marketplace (DPS) – CCS procurement for Apprenticeship Standards, Frameworks and End Point AssessmentsEducation & Training
27 Oct 2028
Insurance Placement and Associated Services DPS for the Wider Public Sector – YPO/ESPO/NEPO (May 2024–Apr 2029, up to 2034)Finance & Insurance
30 Apr 2034
Provision of Electronic Payments and Associated Services (60‑month DPS, extended to 31 May 2029)Finance & Insurance
31 May 2029
Alternative Provider Medical Services (APMS) for Sunderland – NHS Contract Apr 2027 to Apr 2036Health & Medical
11 Nov 2026

Other similar contracts12

Award of Scheme Administration Services Contract to Tata Consultancy Services for National Employment Savings TrustIT & SoftwareTata Consultancy Services Limited
$1,500,000,000
Provision of Professional Services for Nest Corporation's Future Scheme Implementation Programme (FSIP)Consultancy & LegalPricewaterhouseCoopers LLP,PA Consulting
$2,830,000
Technical Consultancy for Nest Scheme Administration ChangesConsultancy & LegalCleartech Consulting Ltd
$152,847
Technical Architecture Support for NEST Scheme Administration TransitionConsultancy & LegalCleartech Consulting Ltd
$164,340
Fund Administration Procurement Consultancy for NestConsultancy & LegalAlpha FMC
$172,050
Provision of Fund Administration Legal Services to NestConsultancy & LegalPinsent Masons LLP
$62,500
Fund Administration Consultancy Services for NESTConsultancy & LegalAlpha FMC
$79,000
Provision of E-Tendering and Contracts Portal to National Employment Savings Trust (NEST)IT & SoftwareBravo Solution UK Limited
$190,096.51
Building Digital Service Design Capability for NEST via Digital Outcomes & Specialists 4 FrameworkIT & SoftwareSigma Consulting Ltd,Accenture (UK) Ltd
$3,000,000
Provision of Financing Consultancy Services to NestConsultancy & LegalPwC LLP
$100,000
Provision of Permanent Recruitment Services to National Employment Savings Trust (NEST)Public Services & WelfareHays Specialist Recruitment,Networkers,Reed Specialist Recruitment,Green Park Interim and Executive Limited,Intelligent Resource Limited,Michael Page International Recruitment Limited,Robertson Bell Ltd,Adecco UK&I Limited T.A The Adecco Group
$800,000
Provision of IT Managed Services to Nest CorporationIT & SoftwareExponential-e Limited
$11,500,000

Unlock the full platform.

7 days free, then £36/GBP per month. Cancel anytime.

What you get

Find

Find finance and insurance tenders in United Kingdom in one place.

We monitor central, devolved and local government portals in near real time and update the feed as tenders are published, so you check one place instead of many.

Search by keyword, or describe your workType a keyword, or switch to AI search and say what your business does.
Narrow it downFilter by category, region and area, or view open tenders on a map.

Alerts

Open tenders like this contract, sent to you.

Tell us what you are looking for and we email you when a matching tender is published.

Set it up your wayUse keywords, a description of your work, a location or a distance from a postcode. Up to 10 alerts.
Instant or dailyGet an email when a match is published, or one summary a day.

Assess

Size up a tender in minutes.

Before you open a single document, get the requirements, a likely value and who you would be up against.

Requirements from the documentsWho can bid, mandatory criteria, how it is scored, insurance and key dates, each with its source.
Value and competitionAn estimated value from similar awarded contracts, and the suppliers most likely to bid.

Market

Follow Atos BPS Limited and get alerts when they win again.

Awarded contracts with the supplier and the value, so you can check prices, spot competitors and find work that is coming back to tender.

Supplier and buyer profilesWhat each one has won or awarded, who they work with, and how that is changing.
Contracts ending soonTerms that finish in the next 12 months, which often go back out to tender.

Pipeline

Track your bids from interested to won.

Save a tender in one click and move it through each stage as you work on it.

Work as a teamInvite colleagues so you work from the same list.
Take it with youExport tenders and matches to CSV.

GovBot

Ask a question in plain English.

Find tenders, look up a supplier, or check who won a contract. Just type what you need.

Get started

Get finance and insurance tenders in United Kingdom by email.

Find the tender, size it up and track the bid, in one place.

7 days free, then £36/GBP per month

Have a question? message us →

7 Day Free Trial

The Gov procurement market in your hands. Cancel anytime.

Save up to 30%
Pro
For solo operators
£36/ month
Billed monthly
  • Live feed of gov tenders & contracts
  • AI-matched tender recommendations
  • Full search, filters, and watchlists
  • 1 user account
Team
For growing teams
£119/ month
Billed monthly
  • Everything in Pro
  • Up to 10 team members
  • Shared watchlists & alerts
  • Priority support
Enterprise
For larger organisations
Custom
Tailored to your team
  • Everything in Team
  • Unlimited seats
  • Dedicated account manager
  • Custom integrations & SSO

1400+ businesses have joined GovMarket

IBMKPMGEYRSMBechtelFreyssinet

You're In — Free Trial Activated

You now have full access to GovMarket Premium for 7 days. You’ll be charged at the end of the trial unless you cancel.

  • Tell Us What You Do — We'll surface the tenders that are most relevant to your business.