Official UK procurement notice
TEN-2526-005 Macroeconomic and Markets Database Provider
Authority: National Employment Savings Trust (NEST) Corporation (Central government)
What is being bought
Published requirement descriptionNest requires a centralised data provider that would provide easy access to an extensive universe of relevant data (both from public sources as well as some third party providers), as well as an efficient way of analysing and visualising data using built-in charting tools, and the updating and sharing of charts within and outside our team. Data providers will also have sharing capabilities allowing Nest to export data e.g. into Python to run more sophisticated econometrics analysis.
- How the procedure runs: Open procedure with down selection of bidders to a maximum of 3 bidders, followed by a 6 week trial period. The Trial Period will be scored from separately from 100%
CPV: Database services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£300,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (9)
- Data Provision: 15%
- Analytics Capabilities: 15%
- Visualisation Capabilities: 15%
- Connections to other tools: 15%
- Sharing with Colleagues: 7.5%
- User Help Desk: 7.5%
- Standard service cost per year per user: 16%
- Cost of any additional services: 7%
- Platform fee for third party providers: 2%
Published award criteria (9)
- Data Provision
- Analytics Capabilities
- Visualisation Capabilities
- Connections to other tools
- Sharing with Colleagues
- User Help Desk
- Standard service cost per year per user
- Cost of any additional services
- Platform fee for third party providers
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 9 Jun 2025, 11:29 BST
- Last source update
- 18 Dec 2025, 09:44 GMT
- Award evaluation window
- Submission end – 8 Sept 2025
- FTS notice number
2025/S 000-030876- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05451fFind a Tender
- How it runs
Open procedure with down selection of bidders to a maximum of 3 bidders, followed by a 6 week trial period.
The Trial Period will be scored from separately from 100%
How it was run
Official notice- Submission deadline
- 4 Jul 2025, 12:00 BST
- Clarification deadline
- 16 Jun 2025, 17:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
9 Jun 2025 → 18 Dec 2025 · 8 dates- Tender notice published9 Jun 2025, 11:29 BST
- Clarification questions by16 Jun 2025, 17:00 BST
- Submission deadline4 Jul 2025, 12:00 BST
- Award decision expected by8 Sept 2025, 23:59 BST
- Assessment summaries sent12 Sept 2025, 00:00 BST
- Standstill ends392 days ago23 Sept 2025, 23:59 BST
- Contract starts387 days ago29 Sept 2025, 00:00 BST
- Latest notice published307 days ago18 Dec 2025, 09:44 GMT
Notice history
5 events · 3 releases on Find a Tender · since 9 Jun 2025- Tender notice published9 Jun 2025, 11:29 BSTUK4
- Contract award notice published12 Sept 2025, 18:05 BSTUK6
- Status changed to complete12 Sept 2025, 18:05 BST
- Contract signature expected30 Sept 2025, 23:59 BSTscheduled
- Contract details notice published18 Dec 2025, 09:44 GMTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| MACROBOND FINANCIAL LTDSME1 Oct 2025 – 30 Sept 2027 · up to 30 Sept 2030Extensions: 3 year extension in 1 year intervals | £300,000 | 12 Sept 2025 | Awarded |
Contracts
Contract 1 · MACROBOND FINANCIAL LTDSME
- Signed
- 12 Dec 2025
- Value
- £300,000
- Period
- 15 Dec 2025 – 14 Dec 2027 · up to 14 Dec 2030 with extensions
- Status
- active
- Extensions
- Can be extended further three (3) years in total, in intervals of 1 year periods.
No agreed KPIs: Not Applicable
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2final-stage tenders | 2 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- MACROBOND FINANCIAL LTDAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender