Contract 1. CON-2526-002 Fund Admin Transition and Transformation Programme
Supplier
Contract value
Before modification:
- £635,000 excluding VAT
- £762,000 including VAT
After modification:
- £855,110 excluding VAT
- £1,026,132 including VAT
34.66% increase
Above the relevant threshold
Contract modification date (estimated)
27 June 2025
Effective date of the modification
1 July 2025
Justifications for contract modification
- Additional goods, services or works
Reason that these justifications apply
Additional funding is required to cover the cost of Investment Operations Specialist on Secondment from the Supplier, the Secondee to support NEST with its team's requirements for an initial period of twelve (12) months.
Other information
Conflicts assessment prepared/revised
Yes
Supplier
ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED
- Companies House: 04710715
- Public Procurement Organisation Number: PRNG-1778-PVXJ
60 Gresham Street
London
EC2V 7BB
United Kingdom
Email: joseph.sproul@alphafmc.com
Website: http://www.alphafmc.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. CON-2526-002 Fund Admin Transition and Transformation Programme
Contracting authority
National Employment Savings Trust (NEST) Corporation
- Public Procurement Organisation Number: PQGC-5667-VDDT
10 South Colonnade, Canary Wharf,
London
E14 4PU
United Kingdom
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - central government