This public procurement record has 1 release in its history.

Award

13 Jul 2026 at 14:01

Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation, a central government public authority based in London, has completed an award under the procurement title "TEN- 2526-011 - Lot 2 - Call off no 6". This procurement falls under the services category with a focus on financial consultancy and transaction processing. The process is part of a selective procurement, specifically an award under a framework, indicating it was not open to the public for direct competition. The award was made to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED on 13th July 2026, with a contract period from 17th July 2026 to 30th September 2026. This contract seeks to further develop NEST's Target Operating Model in Phase 4b of its implementation.

This procurement offers significant business opportunities for companies specialising in financial consultancy, particularly those capable of supporting complex organisational transitions and development in the investment domain, like ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED, which has already secured the contract. Businesses with strengths in financial services and a track record of strategic consultancy services could find similar future opportunities in government tenders. The project requires firms to deliver against both technical and cultural objectives, suggesting that businesses with robust change management capabilities would be well-suited to compete in this arena.

How relevant is this notice?

Notice Title

TEN- 2526-011 - Lot 2 - Call off no 6

Notice Description

Background Building on work completed to date and the progress made with embedding and finalising elements of the Target Operating Model ('TOM') in Phase 4, Nest Invest is seeking a partner to work with the team over the course of the next phase ('Phase 4b') to continue preparations for the natural transition of the model to full Nest Invest ownership, as part of BAU, and to complete additional deliverables for the senior team related to Nest Invest's ongoing organisational evolution. The objectives of this phase are as follows: Delivery Objective: Complete the finalisation of operating model design and the embedding of key components within Nest Invest's business as usual activities and build out Nest Invest's internal capacity and capability so that its functions are ready to take over ongoing model development and maintenance as part of a world-class investment function. Cultural Objective: Embed ownership of the operating model within Nest by actively involving teams in implementation activities and capability building, fostering long-term ownership and accountability.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c9af
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065691-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award 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

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£318,050 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Jul 20263 days ago
Contract Period
16 Jul 2026 - 30 Sep 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

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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