Awarded contract

Lot 2 - Call off no 8

Details

Value
£485,000
Duration
3 months
Topic
Financial consultancy, financial transaction processing and clearing-house services
Published
11 August 2026

Tender description

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 commence pre-implementation/procurement activities for the planned Asset Allocation Tool and Data Platform solution. The objectives of this phase are as follows: ➢ Delivery Objective: Complete the finalisation of Investment teams' asset allocation and total portfolio view (TPV) requirements, all tender documentation and necessary approvals so the Asset Allocation Tool tender can be launched. ➢ Delivery Objective: Complete commercial and solution design activities to prepare for the Northern Trust Data Platform implementation. ## Contract award

Timeline

  1. Completed: Award date30 June 2026
  2. Completed: Award published11 August 2026
    Current notice
  3. Next: Contract expiry date30 September 2026in 4 days

About the buyer

National Employment Savings Trust (NEST) Corporation is a non-departmental public body accountable to the Department for Work and Pensions, and runs the UK's largest workplace pension scheme by membership as trustee. NEST was established in July 2010. Every tender is advertised on the Find a Tender Service, in line with the Procurement Act 2023. Suppliers register on NEST's BravoSolution e-tendering portal to bid for opportunities. Framework agreements cover specialist services such as retirement consultancy, and suppliers must follow NEST's Supplier Code of Conduct. The procurement team manages contracting activity and can be contacted directly by suppliers.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of NEST's contract awards have been in financial and insurance services, business services and IT services.

Relevant CPV codes

  • 66170000 · Financial consultancy, financial transaction processing and clearing-house services

AI insights

  • Is there a preferred supplier?
  • What are the buyers pain points?
  • What has the buyer previously procured?
  • What are the key requirements?
Sign-up to enrich

Decision makers

Connect with the people behind this procurement.

Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
Category Lead+44 •••• ••••••
Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

14 similar open tenders

See more open tenders related to Lot 2 - Call off no 8.

Explore all open tenders

Related topics

Topics related to Lot 2 - Call off no 8, ranked by notice volume.

View all topics
TopicCountValue
  1. 4,160
    £123.8bn
  2. 2,766
    £56.8bn

Related buyers

Buyers similar to National Employment Savings Trust (NEST) Corporation.

View all buyers

Win more public sector contracts

Track every UK and Ireland tender in one place — set up alerts, find decision-makers, and never miss an opportunity.