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TEN-2324-037 Nest Invest Strategic Evolutionary Consultancy Value Increase

National Employment Savings Trust (NEST)

This public procurement record has 2 releases in its history.

TenderUpdate

26 Mar 2025 at 10:35

Tender Notice
AwardUpdate

25 Mar 2025 at 14:42

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) is contracting for a framework agreement to assist in the strategic evolution of its operating and business models. The project, titled "TEN-2324-037 Nest Invest Strategic Evolutionary Consultancy Value Increase," falls under the industry category of business and management consultancy services. The procurement stage is the awarding phase, with key updates occurring in March 2025. The contract location is NEST's headquarters in Canary Wharf, London, UK. Notably, a recent amendment saw the name of one contracted supplier updated from Aviva International to Avida International.

This tender offers substantial business growth opportunities for firms experienced in advising FCA-regulated OPS businesses, particularly those adept in investment operating model design and implementation. Large-scale consulting firms, especially those with a practical understanding of navigating significant growth trajectories and handling intricate strategic transformations, will find this contract well-suited to their capabilities. The consultancy value increase underscores the project's potential for long-term engagements and specialist consultancy roles. The extended contract period and significant project value highlight the necessity for highly experienced and dedicated suppliers.

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Notice Information

Notice Title

TEN-2324-037 Nest Invest Strategic Evolutionary Consultancy Value Increase

Notice Description

A framework agreement to support Nest as we evolve the operating and business model. To assist in the transformation of Nests operating models through significant growth trajectories. Suppliers will have experience of advising FCA regulated OPS firms and with practitioner knowledge of investment operating model design and implementation.

Lot Information

Lot 1

A framework agreement to support Nest as we evolve the operating and business model. To assist in the transformation of Nests operating models through significant growth trajectories. Suppliers will have experience of advising FCA regulated OPS firms and with practitioner knowledge of investment operating model design and implementation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04f87f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011270-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£3,000,000 £1M-£10M

Notice Dates

Publication Date
26 Mar 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 May 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
National Employment Savings Trust (NEST)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Postcode Area
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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
3
Supplier Names

Alpha Financial Market Consulting

Alpha Financial Markets Consulting

Aviva International

Further Information

Open Contracting Data Standard (OCDS)

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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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