← Back to opportunities

TEN -2526- 019 (PA2023) Proxy Voting

1

Buyer Contact Info

Buyer Name: 1

Buyer Address: 10 South Colonnade, London, UKI42, E14 4PU, United Kingdom

Contact Email: procurement@nestcorporation.org.uk

Status
active
Procedure
open
Value
240000.0 GBP
Gross: 288000 GBP
Published
15 Oct 2025, 14:23
Deadline
17 Nov 2025, 12:00
Contract Start
n/a
Contract End
n/a
Category
services
CPV
66171000 - Financial consultancy services
Region
n/a
Awarded To
n/a
Official Source
Open Find a Tender

Description

We require support to hold our fund managers to account on the voting decisions they take. Each year we focus our efforts on a subset of shares. We compare how our fund managers intend to vote these shares at upcoming general meeting to how our voting policy tells us we would vote in our members’ best interests. We identify differences between how our fund managers intend to vote and how we would vote on a particular issue. With the differences identified we have an informed debate with our fund managers and influence them. The approach allows us to meaningfully participate in a dialogue on corporate governance, value, risk, environmental and social matters.

Linked Documents

No linked documents found for this notice.

Opportunity Context

More Information Links

External Link: https://www.find-tender.service.gov.uk/Notice/065651-2025

Link Description: Tender notice on Find a Tender

Lots

Lot 1 Status: active

Lot 1 Value: GBP 240,000

Lot 1 Value (Gross): GBP 288,000

Lot 1 Contract Start: 2026-02-26T00:00:00+00:00

Lot 1 Contract End: 2029-02-25T23:59:59+00:00

Lot 1 SME Suitable: Yes

Lot 1 Award Criterion (quality): experience (10%)

Lot 1 Award Criterion (quality): delivery (15%)

Lot 1 Award Criterion (quality): vote execution capability. (10%)

Lot 1 Award Criterion (quality): Voting research, data and analysis (20%)

Lot 1 Award Criterion (quality): Vote reporting (10%)

Lot 1 Award Criterion (quality): Additional voting and engagement support (20%)

Lot 1 Award Criterion (quality): experience of supporting clients in period of growth (5%)

Lot 1 Award Criterion (price): Price (10%)

Documents

Document Description: Not published

Document Description: Tender notice on Find a Tender

Raw Notice JSON

Expand raw payload
{
  "buyer": {
    "id": "GB-PPON-PQGC-5667-VDDT",
    "name": "1"
  },
  "date": "2025-10-15T15:23:32+01:00",
  "id": "065651-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-05cd70",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "E14 4PU",
        "region": "UKI42",
        "streetAddress": "10 South Colonnade"
      },
      "contactPoint": {
        "email": "procurement@nestcorporation.org.uk"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.nestpensions.org.uk"
      },
      "id": "GB-PPON-PQGC-5667-VDDT",
      "identifier": {
        "id": "PQGC-5667-VDDT",
        "scheme": "GB-PPON"
      },
      "name": "1",
      "roles": [
        "buyer"
      ]
    }
  ],
  "tag": [
    "tender"
  ],
  "tender": {
    "aboveThreshold": true,
    "awardPeriod": {
      "endDate": "2025-12-18T23:59:59+00:00"
    },
    "description": "We require support to hold our fund managers to account on the voting decisions they take. Each year we focus our efforts on a subset of shares. We compare how our fund managers intend to vote these shares at upcoming general meeting to how our voting policy tells us we would vote in our members\u2019 best interests. We identify differences between how our fund managers intend to vote and how we would vote on a particular issue. With the differences identified we have an informed debate with our fund managers and influence them. The approach allows us to meaningfully participate in a dialogue on corporate governance, value, risk, environmental and social matters.",
    "documents": [
      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      },
      {
        "datePublished": "2025-10-15T15:23:32+01:00",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "format": "text/html",
        "id": "065651-2025",
        "noticeType": "UK4",
        "url": "https://www.find-tender.service.gov.uk/Notice/065651-2025"
      }
    ],
    "enquiryPeriod": {
      "endDate": "2025-10-31T12:00:00+00:00"
    },
    "id": "ocds-h6vhtk-05cd70",
    "items": [
      {
        "additionalClassifications": [
          {
            "description": "Financial consultancy services",
            "id": "66171000",
            "scheme": "CPV"
          }
        ],
        "deliveryAddresses": [
          {
            "country": "GB",
            "countryName": "United Kingdom",
            "region": "UK"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "awardCriteria": {
          "criteria": [
            {
              "description": "experience of delivering voting research and analysis",
              "name": "experience",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "how the organisation proposes to meet the immediate needs of Nest during voting season",
              "name": "delivery",
              "numbers": [
                {
                  "number": 15,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "methodolgy and capacity  details",
              "name": "vote execution capability.",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "experience and scope of coverage and data",
              "name": "Voting research, data and analysis",
              "numbers": [
                {
                  "number": 20,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "methodology of Vote reporting",
              "name": "Vote reporting",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "delivery , resource availabilty ,data on ESG, policy review , information and analysis",
              "name": "Additional voting and engagement support",
              "numbers": [
                {
                  "number": 20,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "management  processes and relationships with your clients",
              "name": "experience of supporting clients in period of growth",
              "numbers": [
                {
                  "number": 5,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "description": "Fixed price for delivery of the service",
              "name": "Price",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ],
              "type": "price"
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2029-02-25T23:59:59+00:00",
          "maxExtentDate": "2031-02-25T23:59:59+00:00",
          "startDate": "2026-02-26T00:00:00+00:00"
        },
        "hasRenewal": true,
        "id": "1",
        "renewal": {
          "description": "one two year extension"
        },
        "status": "active",
        "suitability": {
          "sme": true
        },
        "value": {
          "amount": 240000,
          "amountGross": 288000,
          "currency": "GBP"
        }
      }
    ],
    "mainProcurementCategory": "services",
    "procedure": {
      "features": "stage 1 tenders  to be submitted  and evaluated \n stage 2  presentations from top two  bids"
    },
    "procurementMethod": "open",
    "procurementMethodDetails": "Competitive flexible procedure",
    "riskDetails": "Nest is in a period of growth and the scope of this requirement  may  grow as  Nest\u0027s investment portfolio grows",
    "status": "active",
    "submissionMethodDetails": "https://nesttenders.bravosolution.co.uk.",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
        "en"
      ]
    },
    "tenderPeriod": {
      "endDate": "2025-11-17T12:00:00+00:00"
    },
    "title": "TEN -2526- 019 (PA2023)  Proxy Voting",
    "value": {
      "amount": 240000,
      "amountGross": 288000,
      "currency": "GBP"
    }
  }
}