Award

Macroeconomic and Markets Database Provider

  • National Employment Savings Trust (NEST) Corporation

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-056372

Procurement identifier (OCID): ocds-h6vhtk-05451f (view related notices)

Published 12 September 2025, 6:05pm



Scope

Description

Nest requires a centralised data provider that would provide easy access to an extensive universe of relevant data (both from public sources as well as some third party providers), as well as an efficient way of analysing and visualising data using built-in charting tools, and the updating and sharing of charts within and outside our team. Data providers will also have sharing capabilities allowing Nest to export data e.g. into Python to run more sophisticated econometrics analysis.


Contract 1

Supplier

Contract value

  • £300,000 excluding VAT
  • £360,000 including VAT

Above the relevant threshold

Award decision date

12 September 2025

Date assessment summaries were sent to tenderers

12 September 2025

Standstill period

  • End: 23 September 2025
  • 8 working days

Earliest date the contract will be signed

30 September 2025

Contract dates (estimated)

  • 1 October 2025 to 30 September 2027
  • Possible extension to 30 September 2030
  • 5 years

Description of possible extension:

3 year extension in 1 year intervals

Main procurement category

Services

CPV classifications

  • 72300000 - Data services

Contract locations

  • UK - United Kingdom

Information about tenders

  • 2 tenders received
  • 2 tenders assessed in the final stage:
    • 2 submitted by small and medium-sized enterprises (SME)
    • 0 submitted by voluntary, community and social enterprises (VCSE)
  • 1 supplier awarded contracts
  • 1 supplier unsuccessful (details included for contracts over £5 million)

Submission

Submission type

Tenders


Procedure

Procedure type

Competitive flexible procedure


Supplier

MACROBOND FINANCIAL LTD

  • Companies House: 08219876
  • Public Procurement Organisation Number: PNHN-2768-RMLM

Level 2, 30 Moorgate

London

EC2R 6DA

United Kingdom

Region: UKI31 - Camden and City of London

Small or medium-sized enterprise (SME): Yes

Voluntary, community or social enterprise (VCSE): No

Supported employment provider: No

Public service mutual: No

Contract 1


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