# Nest Scheme Banking Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [National Employment Savings Trust \(NEST\)](/buyers/national-employment-savings-trust-nest/contract-awards)
- Tender value: £2,000,000
- Published: 22 February 2024
- Planned start: 31 July 2024
- Planned end: 30 July 2037
- Stage: open_tender
- Procurement category: services
- Notice ID: f6ca376b-0f4b-482d-ba1d-0815694eca53-725658
- OCID: ocds-b5fd17-7c637acb-5447-44ef-871d-a570ca8a12d6

## Description

This ITT is to procure a new banking contract for the National Employment Savings Trust \(Nest\) Scheme, which is used for managing members contributions into the scheme, providing valuations of member's pension pots within the scheme, and paying member's benefits out of the scheme \(including the transfer of funds into and out of member's other pension pots\)\.

## Related contract awards

- [TEN-2526-023 External Audit services](/contracts/ocds-b5fd17-763c7081-49dd-471a-9dc8-8e69cedca364): National Employment Savings Trust \(NEST\)
- [Provision of External Data & AI Literacy Training](/contracts/ocds-b5fd17-30c1e569-497d-486f-b564-e3f468dc56d6): National Employment Savings Trust \(NEST\)
- [TEN-2526-048 \(PCR15\) - Modern Agile, Product Led Delivery \(MAPD\) Pilot](/contracts/ocds-b5fd17-76f85681-93ab-4ff5-97c2-606512f6839f): National Employment Savings Trust \(NEST\)

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f6ca376b-0f4b-482d-ba1d-0815694eca53-725658)