TenderlineUK
Procurement Intelligence
Search
Find a TenderAwardedContract termination notice
Published 13 Jan 2026, 15:24 GMT

Official UK procurement notice

Target operating model phase 4

Official notice

Authority: National Employment Savings Trust (NEST) Corporation (Central government)

Award under framework
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Awarded value£986,274published award · exc. VAT
Awarded 13 Jan 2026
Awarded to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED

What is being bought

Published requirement description

Building on work completed to date and following the detailed, design and planning during Phase 3, Nest Invest is seeking a partner to work with the team to implement their Target Operating Model ('TOM') - focusing on embedding the design produced in Phase 3 and progressing the key Target Operating Model enhancements identified that align to Nest's strategic pillars.

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: London
66171000 Financial consultancy services

Procedure 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 Jan 2026, 15:24 GMT
Last source update
29 Apr 2026, 11:22 BST
Authority reference
TEN 2526-011-Lot 2 Call off 3
FTS notice number
2026/S 000-039063
Latest notice
Contract termination notice (UK11)
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-0604e0 Find a Tender
Related procedures1

Notice history

4 events · 3 releases on Find a Tender · since 13 Jan 2026
  1. Contract award notice published
    13 Jan 2026, 15:24 GMT
    UK6
  2. Contract signature expected
    14 Jan 2026, 23:59 GMT
    scheduled
  3. Contract details notice published
    20 Feb 2026, 17:09 GMT
    UK7
  4. Contract termination notice published
    29 Apr 2026, 11:22 BST
    UK11

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £986,2741 award exc. VAT
Contracts signed 1latest 14 Jan 2026
Awarded toValueDateStatus
ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED14 Jan 2026 – 31 Mar 2026£986,27413 Jan 2026Awarded

Contracts

  • Contract 1 · ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED

    Signed
    14 Jan 2026
    Value
    £986,274
    Period
    14 Jan 2026 – 31 Mar 2026
    Status
    terminated
    Final value
    £986,061
    Termination
    contractCompleted

    No agreed KPIs: It is a call off contract from the framework and the value is below £5million pounds

Contracting authority & participating public bodies

National Employment Savings Trust (NEST) Corporation

Contracting authorityPublic authority - central government GB-PPON: PQGC-5667-VDDT 10 South Colonnade, Canary Wharf,, London, London, E14 4PUContact email

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure