Nest Invest consultancy services
Awarded to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED, AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITED, TOWERS WATSON LIMITED
National Employment Savings Trust (NEST) Corporation(buyer)
- Published
- Published 28 May 2025
- Deadline
- Closed 28 July 2025
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Overview
Contracting authority
46 awarded contracts
London, United Kingdom
GB-PPON: PQGC-5667-VDDT
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Lots (3)
LOT 1 Strategic investment business, organisational strategy and governance advice
Strategic investment business, organisational strategy and governance advice with extensive proven experience of international investment best practice with large Financial Conduct Authority (FCA) regulated Occupational Pension Schemes (OPS) with assets under management of £25 billion and above
£10,000,000Won by AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITEDLOT 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
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
£1,000,000Won by ALPHA FINANCIAL MARKETS CONSULTING UK LIMITEDSpecialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS
Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS) with assets under management of £25 billion and above
£10,000,000Won by TOWERS WATSON LIMITED
Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Estimated value
- £10,000,000
- Procedure
- Open procedure
- Rules
- Procurement Act 2023
- Contract type
- Framework agreement
- SME suitable
- Yes
- Published
- 28 May 2025
- Questions by
- 11 July 2025
- Deadline
- Closed
Award outcome
- Awarded value
- £21,000,000
- Award date
- 17 August 2025
- Contract period
- 3 September 2025 → 3 September 2029
- Contract length
- 4 years
- Against estimate
- 110% above
- Bids received
- 1
- ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED
- AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITED
- TOWERS WATSON LIMITED
This contract ends on 3 September 2029.
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Competition and scoring
Bids received
1
Open and restricted tenders in Business services: law, marketing, consulting, recruitment, printing and security drew a median of 4 bids over the last 24 months; 21% received only one.
Who bid
- AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITE
- TOWERS WATSON LIMITEDWinner
- Aon Investments Limited
- HYMANS ROBERTSON LLP
- Isio Group Limited
- BFINANCE UK LIMITED
- MERCER LIMITED
- REDINGTON LIMITED
How bids were scored
- Price
- quality
Market context
Typical award in Business services: law, marketing, consulting, recruitment, printing and security
£73,970
Median of 18,950 awards in the last 24 months
This award is 283.9× the median.
National Employment Savings Trust (NEST) Corporation in the last 12 months
48
contracts awarded, worth £26,054,654 in total
Recent awards in Business services: law, marketing, consulting, recruitment, printing and security
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Notice history
Every published notice in this contracting process, newest first.
Contract
9 January 2026
Contract
15 December 2025
Contract
21 November 2025
Contract
29 August 2025
Contract Notice
2 July 2025
Prior Information Notice
28 May 2025
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