AWARD OUTCOME
What happened
National Employment Savings Trust (NEST) Corporation has awarded a framework call-off for financial consultancy services to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED. The award is valued at £262,000 excluding VAT (£314,400 including VAT) and is scheduled to run from 14 October to 18 December 2026.
Published outcomeOne active award, dated 5 October 2026, to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED under a framework.
Market significanceThis is a short-duration, above-threshold consultancy call-off supporting the wind-down of NEST's Transformation Programme by the end of 2026.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED
100% confidenceAward 1 · Lots 1 · 262000 GBP · Active award
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Award 1 names supplier GB-COH-04710715 and has value amount £262,000; supplier verification matches Companies House number 04710715.
LIFECYCLE
Award or contract stage
Notice type
100% confidenceContract award notice on Find a Tender
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Document 095833-2026 is described as a Contract award notice on Find a Tender.
Award status
100% confidenceActive
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Award 1 has status 'active'.
Award decision date
100% confidence5 October 2026
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Award 1 date is 2026-10-05.
Planned contract period
100% confidence14 October 2026 to 18 December 2026
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Award 1 contractPeriod gives startDate 2026-10-14 and endDate 2026-12-18.
Signature position
100% confidenceFuture signature date scheduled for 14 October 2026; execution is not confirmed in the supplied data.
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Award milestone is type futureSignatureDate, due 2026-10-14, with status scheduled.
VALUES
Published values explained
Award value excluding VAT
100% confidence£262,000
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Award 1 value.amount is 262000 GBP.
Award value including VAT
100% confidence£314,400
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Award 1 value.amountGross is 314400 GBP.
Value allocation
98% confidenceThe published award value relates to the single award and its related lot.
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There is one award, one supplier and related lot 1.
TIMELINE
Procurement timeline
Award decision
100% confidence5 October 2026
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Award 1 date is 2026-10-05.
Award notice published
100% confidence9 October 2026
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Award notice 095833-2026 was published at 2026-10-09T16:55:46+01:00.
Scheduled signature date
100% confidence14 October 2026
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Future-signature milestone dueDate is 2026-10-14.
Planned start
100% confidence14 October 2026
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Award contractPeriod startDate is 2026-10-14.
Planned end
100% confidence18 December 2026
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Award contractPeriod endDate is 2026-12-18.
SCOPE
What was awarded
Requirement
94% confidenceFinancial consultancy services supporting the concluding Transformation Programme.
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Award item CPV 66171000 is Financial consultancy services; tender description refers to TOM work, implementation and handover activity, and programme wind-down.
Programme context
100% confidenceThe Transformation Programme is expected to wind down by the end of 2026.
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Tender description states the programme will wind down by the end of 2026, Friday 18 December.
Lot
100% confidenceLot 1 in the published award data; no lot title or description supplied.
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Award 1 is related to lot 1; lot 1 has no title or description.
Delivery location
95% confidenceLondon (UKI), United Kingdom
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Award item delivery address region is UKI, country GB.
PROCEDURE
Procedure and competition
Procedure
100% confidenceSelective procedure; award under framework
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Process procurementMethod is selective and procurementMethodDetails is Award under framework.
Competition
100% confidenceThe notice marks the procurement as non-competitive.
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Tender competitive field is false.
Framework reference
100% confidenceRelated framework process OCDS ID ocds-h6vhtk-052854, related lot 2
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relatedProcesses identifies framework ocds-h6vhtk-052854 and relatedLots 2.
Bidder and evaluation information
100% confidenceUnknown
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Information not supplied in the published notice.
CONTRACT TERMS
Published contract terms
Planned duration
98% confidenceApproximately 66 days, from 14 October to 18 December 2026
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Published contract period runs from 2026-10-14 to 2026-12-18.
Extension or renewal terms
100% confidenceUnknown
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Information not supplied in the published notice.
Contract conclusion
100% confidenceNot confirmed
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The notice provides an active award and a scheduled future-signature milestone, rather than confirmation of signature.
COMMERCIAL VIEW
Commercial observations
Commercial structure
100% confidenceA single-supplier framework call-off with a published value of £262,000 excluding VAT.
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One active award names one supplier and states amount £262,000 GBP.
Service window
94% confidenceThe short planned delivery window aligns with the stated end-2026 transformation wind-down.
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Contract period ends 18 December 2026, the date cited in the tender description for programme wind-down.
DATA QUALITY
Gaps and source limitations
Award versus concluded contract
100% confidenceThe source reports an active award, but the signature milestone is still scheduled. The analysis therefore does not treat the contract as signed or concluded.
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Award status is active; futureSignatureDate milestone is scheduled for 14 October 2026.
Lot identification
100% confidenceThe call-off title refers to 'Lot 2', while the published award is related to lot 1 and the related framework identifies lot 2. The supplied notice does not resolve this numbering difference.
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Process title says 'Lot 2 - Call off no 9'; award relatedLots is ['1']; framework relatedLots is ['2'].
Unpublished commercial detail
100% confidenceInformation not supplied in the published notice: lot title, lot description, pricing breakdown, evaluation results, bidder count and extension terms.
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Relevant fields are absent or null in the supplied data.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The published data does not confirm that the contract has been signed or otherwise concluded; it only records a scheduled future signature date.
- The call-off title references Lot 2, while the award record uses lot 1 and the related framework references lot 2; the source does not explain the relationship.
- Information not supplied in the published notice: lot title, lot description, bidder count, evaluation or scoring information, pricing breakdown and extension or renewal terms.
MARKET THEMES
Relevant award themes
NEST CorporationALPHA FINANCIAL MARKETS CONSULTING UK LIMITEDAlpha FMCfinancial consultancy servicesframework call-offTransformation ProgrammeFind a Tender
COMMON QUESTIONS
About this award
Who won NEST's TEN-2526-011 call-off?
ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED received the active award.
What is the published value of the award?
£262,000 excluding VAT, with a gross value of £314,400 including VAT.
Has the contract been confirmed as signed?
No. The supplied data records a future signature date as scheduled, not confirmed execution.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.