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AWARD
Framework Complete
Nest Invest Consultancy Framework
Published 29 Aug 2025
29 Aug 2025
- Primary CPV
-
66170000 *
Financial consultancy, financial transaction processing and clearing-house services
- Location
- 🇬🇧 North East
- Value
- £10,000,000
- Contract
-
4 years Duration
11/09/2025 10/09/2029
- Contract Types
-
66 *Financial & insurance servicesFull CPV Breakdown
- SME suitable
- Not stated
Publisher Address
10 South Colonnade, Canary Wharf,, London, E14 4PU, United Kingdom · UKC
Contact
Award Criteria
Not specified
Related tenders
National Employment Savings Trust (NEST)...
All notices from this publisher Same CPV code
66170000 *
All notices with this CPV code
Reference: TEN 2526-011(PA2023)
Nest is on a path to becoming one of the largest pensions schemes in the UK and our growth trajectory means that the operating model for Nest Invest will need to evolve over the next ten years.
In order to support the continued strategic growth and development of the investment function Nest Invest will require ongoing specialist consultancy support for the development of the organisational model and development of the investment approach.
Awarded to
Full CPV breakdown
- 66170000 — Financial consultancy, financial transaction processing and clearing-house services (primary)
Notice details
- Buyer type
- Central government
- Competition
- Open competition (any supplier can bid)
- Contract type
- Services
- Bids received
- 11
- Winning supplier
- SME
- Lots
- 3
- Procurement method
- Open procedure
- Main category
- Services
- Above threshold
- Yes
- Legal basis
- UKPGA 2023/54
- Notice status
- Complete
- Award status
- Pending
- Award date
- 18 Aug 2025
- Standstill period ends
- 9 Sep 2025
- Framework agreement
- Yes
- Number of lots
- 3
- Language
- EN
- Published
- 29 Aug 2025 15:55
- OCID
- ocds-h6vhtk-052854
- Notice ID
- TEN 2526-011(PA2023)
Competition
11
Bids received
10
Bids considered at final stage
3
SME bids at final stage
0
VCSE bids at final stage
Organisations on this notice
Aon Investments Limited
Tenderer Large
122 Leadenhall Street, London, EC3V 4AN , UK, London, EC3V 4AN, United Kingdom
GB-COH 5913591
Tenderer Large
One London Wall, London, EC2Y 5EA, United Kingdom
GB-COH OC310282
Isio Group Limited
Tenderer Large
10 Norwich Street, London, EC4A 1BD, United Kingdom
GB-COH 12273083
BFINANCE UK LIMITED
Tenderer SME
Tenderer Large
Tenderer SME
Supplier, Tenderer SME
Supplier Large
60 Gresham Street, London, EC2V 7BB, UK Postal address, London, EC2V 7BB, United Kingdom
GB-COH 04710715
Supplier, Tenderer Large
Lots (3)
Lot 1
· Complete
Lot 2
· Complete
Lot 3
· Complete
Key dates
- Future Signature Date
- 11 Sep 2025 · Scheduled
- Future Signature Date
- 11 Sep 2025 · Scheduled
- Future Signature Date
- 11 Sep 2025 · Scheduled
Full notice record
218 detailsEverything the publisher included in this notice, organised by section.
Organisations
| Party 1 › Name | National Employment Savings Trust (NEST) Corporation |
| Party 1 › Address › Street | 10 South Colonnade, Canary Wharf, |
| Party 1 › Address › Town / city | London |
| Party 1 › Address › Postcode | E14 4PU |
| Party 1 › Address › Country | GB |
| Party 1 › Address › Country | United Kingdom |
| Party 1 › Address › Region (NUTS) | UKI42 |
| Party 1 › Contact › Email | Procurement@nestcorporation.org.uk |
| Party 1 › Role | buyer |
| Party 1 › Classification › Description | Public authority - central government |
| Party 2 › Name | Aon Investments Limited |
| Party 2 › Address › Street | 122 Leadenhall Street, London, EC3V 4AN , UK |
| Party 2 › Address › Town / city | London |
| Party 2 › Address › Postcode | EC3V 4AN |
| Party 2 › Address › Country | GB |
| Party 2 › Address › Country | United Kingdom |
| Party 2 › Address › Region (NUTS) | UKI31 |
| Party 2 › Role | tenderer |
| Party 2 › Business size | large |
| Party 2 › VCSEs | No |
| Party 3 › Name | HYMANS ROBERTSON LLP |
| Party 3 › Address › Street | One London Wall |
| Party 3 › Address › Town / city | London |
| Party 3 › Address › Postcode | EC2Y 5EA |
| Party 3 › Address › Country | GB |
| Party 3 › Address › Country | United Kingdom |
| Party 3 › Address › Region (NUTS) | UKI31 |
| Party 3 › Role | tenderer |
| Party 3 › Business size | large |
| Party 3 › VCSEs | No |
| Party 4 › Name | Isio Group Limited |
| Party 4 › Address › Street | 10 Norwich Street |
| Party 4 › Address › Town / city | London |
| Party 4 › Address › Postcode | EC4A 1BD |
| Party 4 › Address › Country | GB |
| Party 4 › Address › Country | United Kingdom |
| Party 4 › Address › Region (NUTS) | UKI31 |
| Party 4 › Role | tenderer |
| Party 4 › Business size | large |
| Party 4 › VCSEs | No |
| Party 5 › Name | BFINANCE UK LIMITED |
| Party 5 › Address › Street | 2nd Floor, 36 Queen Street |
| Party 5 › Address › Town / city | London |
| Party 5 › Address › Postcode | EC4R 1BN |
| Party 5 › Address › Country | GB |
| Party 5 › Address › Country | United Kingdom |
| Party 5 › Address › Region (NUTS) | UKI31 |
| Party 5 › Role | tenderer |
| Party 5 › Link | http://www.bfinance.com |
| Party 5 › Business size | sme |
| Party 5 › VCSEs | No |
| Party 6 › Name | MERCER LIMITED |
| Party 6 › Address › Street | 1 Tower Place West |
| Party 6 › Address › Town / city | London |
| Party 6 › Address › Postcode | EC3R 5BU |
| Party 6 › Address › Country | GB |
| Party 6 › Address › Country | United Kingdom |
| Party 6 › Address › Region (NUTS) | UKI31 |
| Party 6 › Role | tenderer |
| Party 6 › Link | https://www.mercer.com/ |
| Party 6 › Business size | large |
| Party 6 › VCSEs | No |
| Party 7 › Name | REDINGTON LIMITED |
| Party 7 › Address › Street | 1 Angel Court |
| Party 7 › Address › Town / city | London |
| Party 7 › Address › Postcode | EC2R 7HJ |
| Party 7 › Address › Country | GB |
| Party 7 › Address › Country | United Kingdom |
| Party 7 › Address › Region (NUTS) | UKI31 |
| Party 7 › Role | tenderer |
| Party 7 › Link | https://redington.co.uk/ |
| Party 7 › Business size | sme |
| Party 7 › VCSEs | No |
| Party 8 › Name | AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITE |
| Party 8 › Address › Street | 1 Fore Street Avenue, |
| Party 8 › Address › Town / city | London |
| Party 8 › Address › Postcode | EC2Y 9DT |
| Party 8 › Address › Country | GB |
| Party 8 › Address › Country | United Kingdom |
| Party 8 › Address › Region (NUTS) | UKI31 |
| Party 8 › Contact › Email | info@avida-int.com |
| Party 8 › Role › Role 1 | supplier |
| Party 8 › Role › Role 2 | tenderer |
| Party 8 › Business size | sme |
| Party 8 › VCSEs | No |
| Party 8 › Public service mission organisation | No |
| Party 8 › Sheltered workshop | No |
| Party 9 › Name | ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED |
| Party 9 › Address › Street | 60 Gresham Street, London, EC2V 7BB, UK Postal address |
| Party 9 › Address › Town / city | London |
| Party 9 › Address › Postcode | EC2V 7BB |
| Party 9 › Address › Country | GB |
| Party 9 › Address › Country | United Kingdom |
| Party 9 › Address › Region (NUTS) | UKI31 |
| Party 9 › Contact › Email | joseph.sproul@alphafmc.com |
| Party 9 › Role | supplier |
| Party 9 › Business size | large |
| Party 9 › VCSEs | No |
| Party 9 › Public service mission organisation | No |
| Party 9 › Sheltered workshop | No |
| Party 10 › Name | TOWERS WATSON LIMITED |
| Party 10 › Address › Street | Watson House, London Road |
| Party 10 › Address › Town / city | Reigate |
| Party 10 › Address › Postcode | RH2 9PQ |
| Party 10 › Address › Country | GB |
| Party 10 › Address › Country | United Kingdom |
| Party 10 › Address › Region (NUTS) | UKJ26 |
| Party 10 › Contact › Email | andrew.doyle@wtwco.com |
| Party 10 › Role › Role 1 | supplier |
| Party 10 › Role › Role 2 | tenderer |
| Party 10 › Business size | large |
| Party 10 › VCSEs | No |
| Party 10 › Public service mission organisation | No |
| Party 10 › Sheltered workshop | No |
Buyer
| Name | National Employment Savings Trust (NEST) Corporation |
Tender
| Title | Nest Invest Consultancy Framework |
| Description | Nest is on a path to becoming one of the largest pensions schemes in the UK and our growth trajectory means that the operating model for Nest Invest will need to evolve over the next ten years. In order to support the continued strategic growth and development of the investment function Nest Invest will require ongoing specialist consultancy support for the development of the organisational model and development of the investment approach. |
| Status | complete |
| Procedure type | open |
| Procedure | Open procedure |
| Techniques › Framework agreement | Yes |
| Lot › Lot 1 › Status | complete |
| Lot › Lot 2 › Status | complete |
| Lot › Lot 3 › Status | complete |
Awards
| Award 1 › Title | 1 Strategic investment business, organisational strategy and governance advice |
| Award 1 › Status | pending |
| Award 1 › Date | 18 Aug 2025 |
| Award 1 › Value › Value incl. VAT | £12,000,000 |
| Award 1 › Value › Value | £10,000,000 |
| Award 1 › Value › Currency | GBP |
| Award 1 › Category | services |
| Award 1 › Above threshold | Yes |
| Award 1 › Supplier › Name | AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITE |
| Award 1 › Item › CPV › Description | Financial consultancy, financial transaction processing and clearing-house services |
| Award 1 › Item › Delivery › Delivery 1 › Region (NUTS) | UKC |
| Award 1 › Item › Delivery › Delivery 1 › Country | GB |
| Award 1 › Item › Delivery › Delivery 1 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 2 › Region (NUTS) | UKD |
| Award 1 › Item › Delivery › Delivery 2 › Country | GB |
| Award 1 › Item › Delivery › Delivery 2 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 3 › Region (NUTS) | UKE |
| Award 1 › Item › Delivery › Delivery 3 › Country | GB |
| Award 1 › Item › Delivery › Delivery 3 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 4 › Region (NUTS) | UKF |
| Award 1 › Item › Delivery › Delivery 4 › Country | GB |
| Award 1 › Item › Delivery › Delivery 4 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 5 › Region (NUTS) | UKG |
| Award 1 › Item › Delivery › Delivery 5 › Country | GB |
| Award 1 › Item › Delivery › Delivery 5 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 6 › Region (NUTS) | UKH |
| Award 1 › Item › Delivery › Delivery 6 › Country | GB |
| Award 1 › Item › Delivery › Delivery 6 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 7 › Region (NUTS) | UKI |
| Award 1 › Item › Delivery › Delivery 7 › Country | GB |
| Award 1 › Item › Delivery › Delivery 7 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 8 › Region (NUTS) | UKJ |
| Award 1 › Item › Delivery › Delivery 8 › Country | GB |
| Award 1 › Item › Delivery › Delivery 8 › Country | United Kingdom |
| Award 1 › Item › Delivery › Delivery 9 › Region (NUTS) | UKK |
| Award 1 › Item › Delivery › Delivery 9 › Country | GB |
| Award 1 › Item › Delivery › Delivery 9 › Country | United Kingdom |
| Award 1 › Standstill period › End | 9 Sep 2025 |
| Award 1 › Contract period › Start | 11 Sep 2025 |
| Award 1 › Contract period › End | 10 Sep 2029 |
| Award 1 › Document › Document type | Award notice |
| Award 1 › Document › Description | Contract award notice on Find a Tender |
| Award 1 › Document › Link | https://www.find-tender.service.gov.uk/Notice/052565-2025 |
| Award 1 › Document › Published | 29 Aug 2025 |
| Award 1 › Assessment Summaries Date Sent | 27 Aug 2025 |
| Award 1 › Milestone › Type | Future signature date |
| Award 1 › Milestone › Due | 11 Sep 2025 |
| Award 1 › Milestone › Status | scheduled |
| Award 2 › Status | pending |
| Award 2 › Date | 18 Aug 2025 |
| Award 2 › Value › Value incl. VAT | £1,200,000 |
| Award 2 › Value › Value | £1,000,000 |
| Award 2 › Value › Currency | GBP |
| Award 2 › Category | services |
| Award 2 › Above threshold | Yes |
| Award 2 › Supplier › Name | ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED |
| Award 2 › Item › CPV › Description | Financial consultancy services |
| Award 2 › Item › Delivery › Region (NUTS) | UKI |
| Award 2 › Item › Delivery › Country | GB |
| Award 2 › Item › Delivery › Country | United Kingdom |
| Award 2 › Standstill period › End | 9 Sep 2025 |
| Award 2 › Contract period › Start | 11 Sep 2025 |
| Award 2 › Contract period › End | 10 Sep 2029 |
| Award 2 › Document › Document type | Award notice |
| Award 2 › Document › Description | Contract award notice on Find a Tender |
| Award 2 › Document › Link | https://www.find-tender.service.gov.uk/Notice/052565-2025 |
| Award 2 › Document › Published | 29 Aug 2025 |
| Award 2 › Assessment Summaries Date Sent | 27 Aug 2025 |
| Award 2 › Milestone › Type | Future signature date |
| Award 2 › Milestone › Due | 11 Sep 2025 |
| Award 2 › Milestone › Status | scheduled |
| Award 3 › Status | pending |
| Award 3 › Date | 18 Aug 2025 |
| Award 3 › Value › Value incl. VAT | £12,000,000 |
| Award 3 › Value › Value | £10,000,000 |
| Award 3 › Value › Currency | GBP |
| Award 3 › Category | services |
| Award 3 › Above threshold | Yes |
| Award 3 › Supplier › Name | TOWERS WATSON LIMITED |
| Award 3 › Item › CPV › Description | Financial consultancy services |
| Award 3 › Item › Delivery › Region (NUTS) | UKI |
| Award 3 › Item › Delivery › Country | GB |
| Award 3 › Item › Delivery › Country | United Kingdom |
| Award 3 › Standstill period › End | 9 Sep 2025 |
| Award 3 › Contract period › Start | 11 Sep 2025 |
| Award 3 › Contract period › End | 10 Sep 2029 |
| Award 3 › Document › Document type | Award notice |
| Award 3 › Document › Description | Contract award notice on Find a Tender |
| Award 3 › Document › Link | https://www.find-tender.service.gov.uk/Notice/052565-2025 |
| Award 3 › Document › Published | 29 Aug 2025 |
| Award 3 › Assessment Summaries Date Sent | 27 Aug 2025 |
| Award 3 › Milestone › Type | Future signature date |
| Award 3 › Milestone › Due | 11 Sep 2025 |
| Award 3 › Milestone › Status | scheduled |