Real Estate Benchmarking

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 1 release in its history.

Award

16 Jun 2026 at 15:42

Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation, located in Canary Wharf, London, has completed a procurement process titled "Real Estate Benchmarking" in the industry category of financial information systems. This tender, identified under the legal basis UKPGA 2023/54, was initiated to provide UK real estate benchmarking services with a comprehensive infrastructure index and customisation capabilities. The procurement stage of this contract is complete, with the related contract having commenced on 1st January 2026 and set to conclude on 31st December 2026. The contract was awarded to INVESTMENT PROPERTY DATABANK LIMITED, a large-scale supplier based in London.

This tender presents valuable opportunities for businesses specialising in financial information systems, particularly those offering real estate benchmarking services. Companies experienced in providing comprehensive and customisable data solutions can leverage this contract to demonstrate their capabilities to significant public sector buyers like NEST Corporation. The procurement process used was "Below threshold - unknown," creating entry points for well-prepared businesses to establish relationships within the central government sector. This contract signifies potential growth for any enterprise capable of meeting the specific needs outlined by NEST Corporation and similar buying organisations.

How relevant is this notice?

Notice Title

Real Estate Benchmarking

Notice Description

To provide UK real estate benchmarking with comprehensive, globally accepted infrastructure index with granular private data and customisation capabilities.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b653
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/056815-2026
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£55,500 Under £100K

Notice Dates

Publication Date
16 Jun 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Dec 20256 months ago
Contract Period
1 Jan 2026 - 31 Dec 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
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

INVESTMENT PROPERTY DATABANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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