This public procurement record has 1 release in its history.

Award

24 Sep 2026 at 09:43

Summary of the contracting process

The National Employment Savings Trust (NEST) Corporation procured executive recruitment services to fill an Investment Manager – Private Credit role. The requirement was for recruitment and executive search expertise focused on identifying and appointing a senior investment professional in private credit. The contract was delivered in the United Kingdom. This is a single, specific recruitment assignment rather than a broader staffing or general investment-management service: the supplier’s task was to support NEST’s search for the named role.

The procurement is complete and the contract has been awarded to Sanderson Executive Limited. It was a selective call-off under a framework, using a below-threshold award route without a competitive process. The contract was signed on 23 September 2026 and runs from 23 September to 21 December 2026. Its value is £32,000. The procurement was handled as one lot. No award criteria or evaluation basis are stated in the available process information.

This award shows that NEST buys executive recruitment support for specialist investment roles, including private credit, through framework call-offs. A credible competitor for a similar requirement would need a proven executive-search capability, access to relevant senior investment candidates and the capacity to manage a targeted search through to appointment. Experience recruiting for institutional investors or comparable financial organisations would help demonstrate an understanding of the role’s market and candidate requirements. Sanderson Executive Limited, a small and medium-sized enterprise, was selected for this assignment, showing that this type of specialist search can be delivered by a focused recruitment firm. Suppliers seeking comparable work should be positioned for framework-based recruitment commissions rather than relying solely on open competitions. The evidence supports relevance to firms with specialist executive recruitment capability, not general staffing suppliers.

How relevant is this notice?

Notice Information

Notice Title

TEN-2425-043 Recruitment Services - Investment Manager - Private Credit - Call-Off

Notice Description

Executive recruitment services for the Investment Manager - Private Credit role.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077932
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090413-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79600000 - Recruitment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£32,000 Under £100K

Notice Dates

Publication Date
24 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
23 Sep 2026 - 21 Dec 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
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
Postcode Area
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

Sanderson Executive Ltd

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.

Loading OCDS record...