Award

TEN-2526-040 (PA2023) Econ Value

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 1 release in its history.

Award

25 Mar 2026 at 15:34

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process conducted by the National Employment Savings Trust (NEST) Corporation aimed to locate a supplier capable of delivering innovative analyses concerning NEST's economic and social value under varying governance models. This contract, identified as TEN-2526-040 (PA2023) Econ Value, falls under the services category within the business analysis consultancy industry. Located in the UK, the procurement is already at the award stage as of 25th March 2026, with the contract active from 6th March 2026 to 6th September 2026, and holding the possibility for a six-month renewal. NEST Corporation, a central government public authority based in London, has chosen Frontier Economics Limited as the supplier for this analysis project.

This tender offers significant growth opportunities for businesses specialising in business analysis consultancy services, particularly those with innovative approaches to assessing economic and social value under diverse governance frameworks. As the project involves evaluating NEST’s operations under alternative corporate models, complete with insights into potential value enhancements, it is likely to appeal to organisations with expertise in economic consultancy and strategic business advisory. This procurement could be ideal for medium to large consultancy firms that have the capacity to deliver complex analysis and navigate regulatory frameworks effectively.

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Notice Information

Notice Title

TEN-2526-040 (PA2023) Econ Value

Notice Description

This procurement is to find a supplier to provide innovative analysis of the economic and social value of Nest operating under different models of governance and control. The work would consider Nest in its current form, and how value could be enhanced by moving to an alternative corporate model.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067414
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027444-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£120,000 £100K-£500K

Notice Dates

Publication Date
25 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Mar 20264 weeks ago
Contract Period
6 Mar 2026 - 6 Sep 2026 6-12 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
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
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

FRONTIER ECONOMICS

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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