TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity
Awarded to ROTHESAY LIFE PLC
National Employment Savings Trust (NEST) Corporation(buyer)
- Published
- Published 25 April 2025
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Overview
Contracting authority
46 awarded contracts
London, United Kingdom
GB-PPON: PQGC-5667-VDDT
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Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Procedure
- Competitive flexible procedure
- Rules
- Procurement Act 2023
- Published
- 25 April 2025
- Questions by
- 9 May 2025
Award outcome
- Awarded value
- £0
- Award date
- 25 November 2025
- Contract period
- 29 January 2026 → 28 January 2036
- Contract length
- 10 years
- Could run to
- 27 January 2040
- Bids received
- 4
- ROTHESAY LIFE PLC
This contract ends on 28 January 2036, or 27 January 2040 if every extension is used.
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About the winner
ROTHESAY LIFE PLC
- Based in
- London
- Public contracts won
- 1
- Across UK and EU notices
No other contract from National Employment Savings Trust (NEST) Corporation under this supplier name in Skim's records.
See every contract ROTHESAY LIFE PLC holds and when each one ends
Competition and scoring
Bids received
4
0 from SMEs
Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.
How bids were scored
- Procurement Specific Questionnaire
- Strategic Alignment
- Strategic Partnership
- Co-design requirements: resourcing and delivery approach
- Co-design requirements: innovation and product development capability
- Co-design requirements: pricing data and insight
- Ability to deliver the requirements of the bulk deferred annuity
- Ability to deliver the requirements of the bulk deferred annuity pricing data
- Strategic Alignment
- Strategic Partnership
- Co-design requirements: resourcing and delivery approach
- Co-design requirements: innovation and product development capability
- Ability to deliver the requirements of the bulk deferred annuity
Market context
Typical award in Financial and insurance services
£120,000
Median of 2,338 awards in the last 24 months
National Employment Savings Trust (NEST) Corporation in the last 12 months
48
contracts awarded, worth £26,054,654 in total
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Notice history
Every published notice in this contracting process, newest first.
Contract
2 February 2026
Contract
16 January 2026
Contract Notice
25 April 2025
Prior Information Notice
25 April 2025
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