Scope
Description
Nest is looking to collaborate with a strategic partner to co-develop and launch a dynamic, user-centric financial wellbeing platform designed to empower our members to take control of their finances.
This platform will provide members with:
• A holistic view of their financial situation
• The ability to set and track their financial goals
• Access to intelligent, personalised insights that will help them to make informed financial decisions
Fully integrated into Nest’s mobile app and online member portal, the platform will deliver a seamless, omni-channel experience that feels familiar and intuitive to our members.
We are looking for a partner who can lead the end-to-end development, delivery, and ongoing maintenance of the platform. This includes working collaboratively with Nest to ensure the solution evolves in line with the changing needs, behaviours, and expectations of our diverse member base.
Total value (estimated)
- £1,500,000 excluding VAT
- £1,800,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 July 2026 to 30 June 2029
- Possible extension to 30 June 2031
- 5 years
Main procurement category
Services
CPV classifications
- 72000000 - IT services: consulting, software development, Internet and support
Contract locations
- UK - United Kingdom
Engagement
Engagement deadline
20 November 2025
Engagement process description
We aim to have Initial online engagements over 18th, 19th & 20th November 2025. Nest will share its rationale, intended audience (and characteristics), solution expectations, intended engagement approach & timings along with a broad Q&A.
If you wish to be part of the market engagement, please send an email with your contact details and a high level description of your organisation to Procurement@nestcorporation.org.uk by the 31st October 2025.
For the avoidance of doubt, this is not a call for competition and Nest is under no obligation to proceed with any formal procurement procedure. The market engagement exercise is being used as an opportunity to gather feedback to better understand market capabilities, refine the procurement strategy, and encourage supplier engagement.
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Publication date of tender notice (estimated)
12 January 2026
Contracting authority
Nst Corporation
- Public Procurement Organisation Number: PQGC-5667-VDDT
10 South Colonnade
London
E14 4PU
United Kingdom
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - sub-central government