Official UK procurement notice
Lot 2 - Call off no 8 · UK public procurement notice
Authority: National Employment Savings Trust (NEST) Corporation (Central government)
What is being bought
Published requirement descriptionBuilding 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.
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
- 11 Aug 2026, 11:59 BST
- Last source update
- 11 Aug 2026, 11:59 BST
- Authority reference
TEN- 2526-011- FTS notice number
2026/S 000-076165- Latest notice
- Contract award notice (UK6)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06e128Find a Tender
- Call-off under framework Nest Invest consultancy services
Notice history
2 events · 1 release on Find a Tender · since 11 Aug 2026- Contract award notice published11 Aug 2026, 11:59 BSTUK6
- Contract signature expected11 Aug 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 LIMITED11 Aug 2026 – 30 Sept 2026 | £485,000 | 30 Jun 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