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TEN-2526-011 - Lot 2 - Call off no 12

Nest Corporation

This public procurement record has 1 release in its history.

Award

09 Oct 2026 at 16:37

UK6 - Contract Award Notice
Summary of the contracting process

NEST Corporation engaged a financial consultancy partner for Phase 5 of its data platform work. The assignment supports the wider Northern Trust Data Platform implementation and builds on work with NEST Invest and Northern Trust, including design decisions made in Phase 4b. The scope covers non-MVP data platform activity, specifically the design of NEST Snowflake partitioning and the Power BI reporting layer, as well as leading the selection of a private markets solution. The buying organisation is the National Employment Savings Trust (NEST) Corporation. The award identifies delivery in the United Kingdom.

The procurement is complete and awarded following a selective call-off under a framework; it was not a competitive call-off. Alpha Financial Markets Consulting UK Limited was selected. The award date was 5 October 2026, and the contract period runs from 12 October to 18 December 2026. The awarded value is £243,000 excluding VAT (£291,600 including VAT). The process covered one lot. Its stated evaluation basis and supplier eligibility requirements are not described in the available process information.

For future work of this kind with NEST, a credible competitor would need to combine financial-services consultancy with practical data-platform design capability. Relevant experience would include shaping Snowflake partitioning and Power BI reporting layers, working alongside an existing platform implementation partner and the buyer’s investment team, and progressing activity beyond a minimum viable product. The requirement also indicates a need to lead the assessment and selection of a private markets solution, so suppliers should be able to support solution evaluation as well as technical design. The work is a focused, short-phase consultancy assignment within a wider implementation rather than a standalone platform build. Alpha Financial Markets Consulting UK Limited’s selection demonstrates that a financial consultancy supplier was chosen for this combination of data-platform and private-markets work.

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Notice Information

Notice Title

TEN-2526-011 - Lot 2 - Call off no 12

Notice Description

Building on work completed to date and the progress made with both Nest Invest and Northern Trust alongside key Data Platform design decisions made in Phase 4b, Nest Invest is seeking a partner to work with the team over the course of the next phase ('Phase 5') to progress non-MVP Data Platform activity (including Nest Snowflake partition design and Power BI reporting layer design) in support of the wider Northern Trust Data Platform implementation, and lead the selection of a Private Markets solution.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-07851c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/095819-2026
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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£243,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Oct 20262 weeks ago
Contract Period
12 Oct 2026 - 18 Dec 2026 1-6 months
Recurrence
Not specified

Notice Status

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

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

Alpha Financial Markets Consulting

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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