Award

Target operating model phase 4

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 2 releases in its history.

Award

20 Feb 2026 at 17:09

UK7 - Contract Details Notice
Award

13 Jan 2026 at 15:24

UK6 - Contract Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation has completed the procurement process for the "Target Operating Model Phase 4" project, under the framework agreement. This involves the implementation and enhancement of Nest Invest’s Target Operating Model, specifically addressing strategic pillars identified in Phase 3. The procurement method used was selective, with the contract awarded to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED, a large-scale financial consultancy service provider. The project, located within the United Kingdom, has a total contract value of £986,274.00, with the process reaching completion stages on 20 February 2026 and the contract period spanning from 14 January 2026 to 31 March 2026.

This tender provides significant growth opportunities for businesses specialising in financial consultancy services, particularly those capable of delivering advanced technology solutions and organisational enhancements. Companies with expertise in strategic alignment and scalability in investment functions would be well-suited to compete in similar tenders. It reflects a vibrant market for businesses that can offer subject-matter expertise, market insights, and robust technological capabilities to support future investment functions at a world-class level. Engaging stakeholders and fostering long-term ownership within the client's organisational framework could yield further opportunities.

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Notice Information

Notice Title

Target operating model phase 4

Notice Description

Building on work completed to date and following the detailed, design and planning during Phase 3, Nest Invest is seeking a partner to work with the team to implement their Target Operating Model ('TOM') - focusing on embedding the design produced in Phase 3 and progressing the key Target Operating Model enhancements identified that align to Nest's strategic pillars.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0604e0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015851-2026
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
£986,274 £500K-£1M
Contracts Value
£986,274 £500K-£1M

Notice Dates

Publication Date
20 Feb 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Jan 20261 months ago
Contract Period
14 Jan 2026 - 31 Mar 2026 1-6 months
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
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

ALPHA FINANCIAL MARKETS CONSULTING

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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