Nigeria Economic Stability Transformation (NEST)

Published date: 15 November 2024

Contract summary

Industry

Foreign economic-aid-related services - 75211200

Location of contract

Any region

Value of contract

£4,000,000

Procurement reference

tender_464300/1420611

Published date

15 November 2024

Closing date

10 January 2025

Closing time

12pm

Contract start date

1 July 2025

Contract end date

31 October 2028

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

1. The Foreign Commonwealth and Development Office is procuring a service provider ("Supplier") to implement the Advisory Facility component of the Nigeria Economic Stability and Transformation Programme (NEST).1
2. NEST aims to increase the chances that the Government of Nigeria (GoN) creates the conditions for higher, sustained growth. NEST will do this by working primarily with Federal Government (FGN) institutions responsible for economic strategy, policy, its implementation and communication. It will operate as a demand-led facility, working closely with government clients to identify and shape a portfolio of activities.
3. The Supplier will develop and manage an Advisory Facility to provide long and short-term technical assistance to GoN. The Supplier will also partner with Nigerian organisations to support debate about Nigeria's economic future. Finally, the Supplier will leverage the Facility's platform to help Nigeria benefit from the UK's wider economic development offer, such as British Investment Partnerships (BIP) and Centres of Excellence (CoEs).
4. The Supplier contract will be for up to 39 months from the Commencement Date, subject to break points at the end of the Inception Phase and at the end of Year 2 and scale up option as set out below. The total budget for the services to be provided under this contract, will be up to £4.0 million.
5. FCDO may seek a time extension of up to two years and/or a cost extension of up to £2 million, subject to performance of the project and the Supplier, value for money, availability of funds, internal FCDO business approvals, and approval of contract amendments.
6. Conversely, FCDO reserves the right to scale down or discontinue the programme at any point in line with the Terms and Conditions.

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How to apply

Follow the instructions given in the description or the more information section.

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About the buyer

Address

FCDO King Charles Street
London
SW1A 2AH
England

Email

jasmine.nsofor@fcdo.gov.uk

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