Scope
Reference
TEN 2526-11 LOT2
Description
Specialist consultancy support for the development of the organisational model and development of the investment approach.
Commercial tool
Establishes a framework
Lot 2. LOT 2 Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed
Description
Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed to large Financial Conduct Authority (FCA) regulated Occupational Pension Schemes (OPS) (or similar) with assets under management of £25 billion and above. 35
Framework
Maximum percentage fee charged to suppliers
0%
Framework operation description
This framework has 3 lots each with a single supplier. Work is allocated via call off contracts . This notice relates to Lot 2
Award method when using the framework
Without competition
Contracting authorities that may use the framework
Establishing party only
Contract 2
Lots
Lot 2. LOT 2 Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed
Supplier
Contract value
- £1,000,000 excluding VAT
- £1,200,000 including VAT
Above the relevant threshold
Date signed
10 September 2025
Contract dates
- 16 September 2025 to 15 September 2029
- 4 years
Main procurement category
Services
CPV classifications
- 66171000 - Financial consultancy services
Contract locations
- UKI - London
Signed contract documents
Nest Consulting Framework - Lot 2 - Sept 25 - Agreed (REDACTED).pdf
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
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 2
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