Tender

Nigeria Economic Stability & Transformation (NEST)

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Tender

15 Nov 2024 at 10:27

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) is currently in the tender stage of procuring a supplier to implement the Advisory Facility component of the Nigeria Economic Stability and Transformation (NEST) Programme. This procurement falls under the industry category of foreign economic-aid-related services (CPV: 75211200) and is set to operate primarily within Nigeria, with potential services extending to British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and globally. The open procedure procurement method is being used, with a budget of up to £4 million. The contract period will start on 1st July 2025 and end on 31st October 2028, with key deadlines including a tender submission end date on 10th January 2025 at 12:00 GMT.

This tender presents a significant opportunity for businesses specialising in economic advisory and technical assistance services to secure a long-term contract supporting Nigeria’s economic transformation. The successful supplier will be responsible for providing both long and short-term technical assistance, partnering with local organisations, and leveraging the UK’s economic development initiatives. SMEs may find this procurement particularly attractive given the suitability criteria, offering a chance to expand their footprint in international development projects and foster relationships with key governmental and economic stakeholders.

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Notice Information

Notice Title

Nigeria Economic Stability & Transformation (NEST)

Notice Description

1. The Foreign Commonwealth and Development Office is procuring a service provider ("Supplier") to implement the Advisory Facility component of the Nigeria Economic Stability and Transformation Programme (NEST).1 2. NEST aims to increase the chances that the Government of Nigeria (GoN) creates the conditions for higher, sustained growth. NEST will do this by working primarily with Federal Government (FGN) institutions responsible for economic strategy, policy, its implementation and communication. It will operate as a demand-led facility, working closely with government clients to identify and shape a portfolio of activities. 3. The Supplier will develop and manage an Advisory Facility to provide long and short-term technical assistance to GoN. The Supplier will also partner with Nigerian organisations to support debate about Nigeria's economic future. Finally, the Supplier will leverage the Facility's platform to help Nigeria benefit from the UK's wider economic development offer, such as British Investment Partnerships (BIP) and Centres of Excellence (CoEs). 4. The Supplier contract will be for up to 39 months from the Commencement Date, subject to break points at the end of the Inception Phase and at the end of Year 2 and scale up option as set out below. The total budget for the services to be provided under this contract, will be up to PS4.0 million. 5. FCDO may seek a time extension of up to two years and/or a cost extension of up to PS2 million, subject to performance of the project and the Supplier, value for money, availability of funds, internal FCDO business approvals, and approval of contract amendments. 6. Conversely, FCDO reserves the right to scale down or discontinue the programme at any point in line with the Terms and Conditions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d9d0821-2830-46e9-964a-3f4f9778b5c1
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20241 years ago
Submission Deadline
10 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2025 - 31 Oct 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
jasmine.nsofor@fcdo.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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