Award

TEN-2324-003 - Finance System

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

16 Nov 2023 at 09:25

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) has recently awarded a contract for a new finance system. The contract worth £465,702 GBP falls under the services category and was awarded to Xledger Ltd. This procurement process initiated as a tender with an open procedure and had a tender period ending on June 30, 2023. The contract period is set to start from November 13, 2023, and will last until November 12, 2028. NEST, based in London, United Kingdom, acted as the buyer organisation in this procurement process.

This awarded tender for a finance system by NEST presents an opportunity for businesses, especially those in the services sector focused on accounting review services. Small and medium-sized enterprises (SMEs) are considered suitable to compete, providing them with a chance for business growth and collaboration. Businesses with expertise in financial systems and services would find this tender well-suited for their capabilities and growth strategies.

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Notice Information

Notice Title

TEN-2324-003 - Finance System

Notice Description

Notice for the award of the contract for a new finance system for Nest corporation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b6f2e399-71ff-4229-97ac-d21dbff8fcab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b3504399-af24-41aa-b435-37ed51c6546a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212500 - Accounting review services

Notice Value(s)

Tender Value
£465,702 £100K-£500K
Lots Value
Not specified
Awards Value
£465,702 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Nov 20232 years ago
Submission Deadline
30 Jun 2023Expired
Future Notice Date
Not specified
Award Date
15 Nov 20232 years ago
Contract Period
13 Nov 2023 - 12 Nov 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)
Contact Name
David Draper
Contact Email
david.draper@nestcorporation.org.uk
Contact Phone
0203 056 3648

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

XLEDGER

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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