---
title: "Provision of Commercial Advisory Services"
ocid: "ocds-h6vhtk-04553a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04553a"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04553a.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04553a.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)"
published: "2024-09-06"
---

# Provision of Commercial Advisory Services

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)  
Current stage: Award  
OCID: ocds-h6vhtk-04553a

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04553a.json)

## Summary

The National Employment Savings Trust (NEST) has completed the provision of commercial advisory services, under the contract ID TEN-2324-031. This agreement, valued at £1,500,000 per supplier, provides commercial and contract management expertise on a 4-year Framework Agreement. The procurement process was for services within the business and management consultancy sector, specifically classified under CPV code 79400000. Three suppliers have been awarded active contracts from 6th August 2024: Baringa Partners LLP, Efficio Ltd, and PricewaterhouseCoopers LLP UK, all based in London, UK. The tender was conducted through an open procedure in line with GPA regulations, and key dates involved the tender period ending on 16th May 2024 and the subsequent contract awards.

This tender offers substantial opportunities for business growth, especially for companies specialising in strategic business consultancy and contract management. The 4-year framework allows companies to secure long-term engagements, offering stability and sustained revenue. Businesses that can deliver high-quality, cost-effective commercial advice would be well-suited to compete for such tenders. Given the nature of the required services, both large enterprises and capable SMEs with a proven track record in business and management consultancy could benefit significantly from participating. The open and detailed procurement process ensures transparency and the opportunity for equal competition among qualified suppliers.

## Notice

This contract is for a small advisory panel (on a 4-year Framework Agreement) who can provide specialist commercial and contract management expertise to Nest.

### Lot Information

Lot 1

This contract is for a small advisory panel (on a 4-year Framework Agreement) who can provide specialist commercial and contract management expertise to Nest.

Renewal: Once the 4 year term has ended, if Nest still require the services, then it is likely a new framework agreement will be put in place.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028576-2024 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Sep 2024 |
| Submission deadline | 16 May 2024 |
| Future notice date | Not specified |
| Award date | 5 Aug 2024 |
| Contract period | Not specified |
| Recurrence | 3.5 year after agreement is established |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | £1,500,000 |
| Awards value | Not specified |
| Contracts value | £1,500,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | BARINGA PARTNERS; EFFICIO; PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 6 Sep 2024 at 10:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/028576-2024
- 25 Apr 2024 at 15:28 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/013501-2024

## Notice URLs

- http://www.nestpensions.org.uk
- https://nesttenders.bravosolution.co.uk/

## 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-h6vhtk-04553a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04553a.json.