Award

TEN-2526-032 (PA2023) Meeting Space

NEST CORPORATION

This public procurement record has 1 release in its history.

Award

10 Dec 2025 at 14:51

Summary of the contracting process

In a completed public procurement process, Nest Corporation, a sub-central government public authority based in London, procured services from WallaceSpace Limited. The tender, identified as TEN-2526-032 (PA2023), involved the hire of meeting spaces in Central London, inclusive of event support and communal breakout areas. This procurement was executed through a limited competition method, classified below the threshold. The award phase of the process took place on 10th December 2025, with the contract period set to run from 15th January 2026 to 23rd October 2026. The primary category for this tender is services, particularly event services, and the total contract value is £32,781.60.

This tender presents substantial opportunities for businesses in the event services industry, especially those offering meeting space solutions in urban locations. Companies like WallaceSpace Limited, which is classified as an SME, have successfully embraced such prospects, benefitting from the strategic location and specific requirements outlined in the tender. This procurement is ideal for SMEs looking to collaborate with public sector entities and expand their footprint in the provision of ancillary event services in metropolitan areas. Moreover, businesses capable of offering flexible, customer-centric solutions within competitive parameters could find similar opportunities lucrative.

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Notice Title

TEN-2526-032 (PA2023) Meeting Space

Notice Description

Meeting space available for hire between 08:00 and 18:00, inclusive of event support, with access to communal breakout areas, conveniently located in Central London near Tube and Mainline stations.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f2e5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/081574-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79952000 - Event services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£27,318 Under £100K

Notice Dates

Publication Date
10 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Jan 20251 years ago
Contract Period
15 Jan 2026 - 23 Oct 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
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

WALLACESPACE

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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