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TEN-2526-005 Macroeconomic and Markets Database Provider

National Employment Savings Trust (NEST) Corporation

This public procurement record has 3 releases in its history.

Award

18 Dec 2025 at 09:44

UK7 - Contract Details Notice
Award

12 Sep 2025 at 18:05

UK6 - Contract Award Notice
Tender

09 Jun 2025 at 11:29

UK4 - Tender Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation has completed the tender process for a "Macroeconomic and Markets Database Provider," successfully awarding the contract to MACROBOND FINANCIAL LTD. This central government procurement, classified under data services, took place in London, United Kingdom. Initially published on 9th June 2025, the procurement process followed an open competitive procedure, leading to an active award status as of 18th December 2025. The contract period commenced on 15th December 2025 and runs through 14th December 2027, with a total potential value of £360,000 and extension possibilities for a further three years.

This tender presents significant opportunities for businesses specializing in data services and analytics. Companies that provide advanced database services, with capabilities in data visualisation and compatibility with tools like Python, are well-suited to engage in such contracts. The competitive flexible procedure highlights the potential for SMEs, as evidenced by MACROBOND FINANCIAL LTD, an SME itself, winning the bid. Such procurements allow businesses to expand their market reach and foster partnerships with substantial public entities like NEST Corporation, thereby catalysing business growth and innovation in data service capabilities.

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Notice Information

Notice Title

TEN-2526-005 Macroeconomic and Markets Database Provider

Notice Description

Nest requires a centralised data provider that would provide easy access to an extensive universe of relevant data (both from public sources as well as some third party providers), as well as an efficient way of analysing and visualising data using built-in charting tools, and the updating and sharing of charts within and outside our team. Data providers will also have sharing capabilities allowing Nest to export data e.g. into Python to run more sophisticated econometrics analysis.

Lot Information

Lot 1

Options: Purchase additional licences.

Renewal: Total of 3 years in period of 1 year each.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05451f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084161-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72300000 - Data services

72320000 - Database services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
£300,000 £100K-£500K
Awards Value
£300,000 £100K-£500K
Contracts Value
£300,000 £100K-£500K

Notice Dates

Publication Date
18 Dec 20258 months ago
Submission Deadline
4 Jul 2025Expired
Future Notice Date
Not specified
Award Date
12 Sep 202511 months ago
Contract Period
15 Dec 2025 - 14 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
National Employment Savings Trust (NEST) Corporation
Additional Buyers

Nest Corporation

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
1
Supplier Name

MACROBOND FINANCIAL LTD

Further Information

Notice Documents

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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