Award

Nest Invest consultancy services

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 2 releases in its history.

Award

23 Jan 2026 at 12:55

Award

10 Dec 2025 at 10:52

Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation, a public authority under the central government, has completed a procurement process for consultancy services to support the development of its Governance model associated with the Target Operating Model. The procurement was conducted through a selective method as an award under a framework, with Avida International, a large supplier, as the chosen contractor. The services fall under the industry category of financial consultancy services. The contract commenced on 30th October 2025 and is set to conclude by 31st March 2026. Services are to be rendered across multiple regions in the United Kingdom, including areas such as the North East, North West, and London.

This tender presents valuable opportunities for businesses specializing in financial consultancy services, particularly those with the capacity to engage with large-scale projects in the public sector. With the focus on developing governance models for financial systems, businesses well-versed in strategic consultancy, financial structuring, and regulatory compliance will find themselves well-suited to compete for similar opportunities. Engaging in such contracts can enhance a company's portfolio and open doors to further collaborations with government entities.

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Notice Title

Nest Invest consultancy services

Notice Description

The Supplier will provide services to support to Nest Invest in development of its Governance model associated with the Target operating model

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f289
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006184-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Award under framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
£200,000 £100K-£500K

Notice Dates

Publication Date
23 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Oct 20253 months ago
Contract Period
30 Oct 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION
Contact Name
Not specified
Contact Email
procurement@nestcorporation.org.uk
Contact Phone
Not specified

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
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

AVIDA INTERNATIONAL

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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