Loading page content…
Loading page content…
Loading contract search results…
Loading contract details…
| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award notice |
| Buyer: | Nest Corporation |
| Main Category: | Services |
| Procurement Method: | Direct award |
| Method Rationale: | Alpha FMC have been integral in the design of the procurement exercise for the Fund Administrator, mapping out our target operating model for the transition to the new supplier and have developed close working relationships across Nest, NT, and State Street, and have managed and developed the transition program to the new supplier planned for November of this year. We are at a critical juncture in the program, with transition of over £50billion of assets from one supplier to another taking place in 6 months. It would be extremely risky and impractical to procure a new supplier in the time left in the program, and would put at serious risk the transition timetable. |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | Not specified |
All 4 notices for this procurement, oldest first.
CON-2526-002 Fund Admin Transition and Transformation Programme
CON-2526-002 Fund Admin Transition and Transformation Programme
CON-2526-002 Fund Admin Transition and Transformation Programme
CON-2526-002 Fund Admin Transition and Transformation Programme
View Original Notice
Access the full notice on the official portal
🤝 Need a consortium or subcontracting partner?
SMEs & Primes team up to win opportunities like this. Find partners on the board.
Awarded to
| Award status: | Pending |
We will be transitioning over £50bn of assets from one custodian to another and working with a brand new fund accountant and administrator. This contract will provide expert support and experience based on deep experience of transitioning assets, and a deep understanding of Nest needs, and the new provider’s capabilities.
Published contracts in the last 12 months
7
total contracts
£355k
total value
£177,500
average contract size
Typical categories
Pipeline status
Not addedImports the contract into your BidWriter pipeline · Qualify before you commit to bid
Need help writing this bid?
Our specialists write winning tender responses. Free consultation, no obligation.
Book a free consultation →| Release Date: |
| 8 April 2025 |
| Application Deadline: | — |
| Contract Start Date: | — |
| Contract End Date: | — |
| Contract Duration: | NaN years |
| Procurement ID (OCID): | ocds-h6vhtk-04fe92 |
| Notice Reference: | 013578-2025 |