--- title: "Nigeria Economic Stability & Transformation (NEST)" ocid: "ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3.json" source: "Contracts Finder" current_stage: "Tender" buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE" published: "2024-11-15" --- # Nigeria Economic Stability & Transformation (NEST) Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE Current stage: Tender OCID: ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3.json) ## Summary The Foreign Commonwealth and Development Office (FCDO) is currently in the tender stage of procuring a supplier to implement the Advisory Facility component of the Nigeria Economic Stability and Transformation (NEST) Programme. This procurement falls under the industry category of foreign economic-aid-related services (CPV: 75211200) and is set to operate primarily within Nigeria, with potential services extending to British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and globally. The open procedure procurement method is being used, with a budget of up to £4 million. The contract period will start on 1st July 2025 and end on 31st October 2028, with key deadlines including a tender submission end date on 10th January 2025 at 12:00 GMT. This tender presents a significant opportunity for businesses specialising in economic advisory and technical assistance services to secure a long-term contract supporting Nigeria’s economic transformation. The successful supplier will be responsible for providing both long and short-term technical assistance, partnering with local organisations, and leveraging the UK’s economic development initiatives. SMEs may find this procurement particularly attractive given the suitability criteria, offering a chance to expand their footprint in international development projects and foster relationships with key governmental and economic stakeholders. ## Notice 1. The Foreign Commonwealth and Development Office is procuring a service provider ("Supplier") to implement the Advisory Facility component of the Nigeria Economic Stability and Transformation Programme (NEST).1 2. NEST aims to increase the chances that the Government of Nigeria (GoN) creates the conditions for higher, sustained growth. NEST will do this by working primarily with Federal Government (FGN) institutions responsible for economic strategy, policy, its implementation and communication. It will operate as a demand-led facility, working closely with government clients to identify and shape a portfolio of activities. 3. The Supplier will develop and manage an Advisory Facility to provide long and short-term technical assistance to GoN. The Supplier will also partner with Nigerian organisations to support debate about Nigeria's economic future. Finally, the Supplier will leverage the Facility's platform to help Nigeria benefit from the UK's wider economic development offer, such as British Investment Partnerships (BIP) and Centres of Excellence (CoEs). 4. The Supplier contract will be for up to 39 months from the Commencement Date, subject to break points at the end of the Inception Phase and at the end of Year 2 and scale up option as set out below. The total budget for the services to be provided under this contract, will be up to PS4.0 million. 5. FCDO may seek a time extension of up to two years and/or a cost extension of up to PS2 million, subject to performance of the project and the Supplier, value for money, availability of funds, internal FCDO business approvals, and approval of contract amendments. 6. Conversely, FCDO reserves the right to scale down or discontinue the programme at any point in line with the Terms and Conditions. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6d9d0821-2830-46e9-964a-3f4f9778b5c1 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Nov 2024 | | Submission deadline | 10 Jan 2025 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 30 Jun 2025 - 31 Oct 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £4,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 2AH | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 75 - Administration, defence and social security services ### Codes - 75211200 - Foreign economic-aid-related services ## Release History - 15 Nov 2024 at 10:27 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6d9d0821-2830-46e9-964a-3f4f9778b5c1 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/6d9d0821-2830-46e9-964a-3f4f9778b5c1 15th November 2024 - Opportunity notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-01a7bfe7-e9a4-465b-af1e-ecf0ec136ec3.json.