Official UK procurement notice
TEN- 2526-011 - Lot 2 - Call off no 6
Authority: National Employment Savings Trust (NEST) Corporation (Central government)
What is being bought
Published requirement descriptionBackground
Building on work completed to date and the progress made with embedding and finalising elements of the Target Operating Model ('TOM') in Phase 4, Nest Invest is seeking a partner to work with the team over the course of the next phase ('Phase 4b') to continue preparations for the natural transition of the model to full Nest Invest ownership, as part of BAU, and to complete additional deliverables for the senior team related to Nest Invest's ongoing organisational evolution.
The objectives of this phase are as follows:
Delivery Objective: Complete the finalisation of operating model design and the embedding of key components within Nest Invest's business as usual activities and build out Nest Invest's internal capacity and capability so that its functions are ready to take over ongoing model development and maintenance as part of a world-class investment function.
Cultural Objective: Embed ownership of the operating model within Nest by actively involving teams in implementation activities and capability building, fostering long-term ownership and accountability.
The lotProcurement structure
single lot · no lot value publishedProcedure terms & legal framework
From the official record- Procedure method
- Award under framework
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Call-off under a framework
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 13 Jul 2026, 15:01 BST
- Last source update
- 13 Jul 2026, 15:01 BST
- FTS notice number
2026/S 000-065691- Latest notice
- Contract award notice (UK6)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06c9afFind a Tender
- Call-off under framework Nest Invest consultancy services
Notice history
2 events · 1 release on Find a Tender · since 13 Jul 2026- Contract award notice published13 Jul 2026, 15:01 BSTUK6
- Contract signature expected17 Jul 2026, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED17 Jul 2026 – 30 Sept 2026 | £318,050 | 13 Jul 2026 | Awarded |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- ALPHA FINANCIAL MARKETS CONSULTING UK LIMITEDAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Contract award notice Contract award notice on Find a Tender