TEN- 2526-011 - Lot 2 - Call off no 5

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

This public procurement record has 1 release in its history.

Award

19 Jun 2026 at 10:43

Summary of the contracting process

The procurement process involves the National Employment Savings Trust (NEST) Corporation, a central government public authority located in London, UK, at the address 10 South Colonnade, Canary Wharf, E14 4PU. This tender, titled "TEN-2526-011 - Lot 2 - Call off no 5," falls under the services category, specifically financial consultancy services, and is part of a selective procurement method under an existing framework. The contract was awarded on 18th May 2026 with an active status until 3rd July 2026, involving a gross contract value of £72,000. The primary objective is to develop a conceptual data model for Nest Invest to enhance its Tech & Data Target State Operating Model. Key dates include the signing of the contract on 18th May 2026 and its publication on 19th June 2026.

This tender presents a significant opportunity for businesses involved in financial consultancy services, particularly those with expertise in data governance and strategic decision-making frameworks. Large-scale consultancy firms, similar to the awarded supplier Alpha Financial Markets Consulting UK Limited, would be well-positioned to participate in similar tenders, benefiting from NEST's focus on fostering a culture of data accountability and transparency. Companies specialising in developing data models that align with specific organisational requirements and industry standards will find opportunities to expand their client base and leverage their expertise in government-related projects.

How relevant is this notice?

Notice Title

TEN- 2526-011 - Lot 2 - Call off no 5

Notice Description

Nest Invest is seeking a partner to design Nest Invest's conceptual data model which will serve as a foundational component for Tech & Data Target State Operating Model and a key requirement for the implementation of a PMS or Data Platform. The objectives of this phase are as follows: * Delivery Objective: Develop and deliver a conceptual data model for Nest Invest's business encompassing clearly defined data domains, sub-domains, core attributes and their relationships, documented in Nest Invest's preferred format or tooling, to support effective data governance. * Cultural Objective: Establish a common data language and framework that strengthens data governance across the organization, fostering a culture of data accountability, transparency, and cross-functional collaboration essential for sustainable data quality and strategic decision-making.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b8e5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/057973-2026
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
Below threshold - 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
Not specified
Contracts Value
£60,000 Under £100K

Notice Dates

Publication Date
19 Jun 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 May 20261 months ago
Contract Period
17 May 2026 - 3 Jul 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
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

ALPHA FINANCIAL MARKETS CONSULTING

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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