Award

GB-London: Media Strategy, planning and buying

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Award

05 Mar 2020 at 16:40

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme, located in London, conducted a public procurement process for a contract titled "Media Strategy, planning and buying". This tender, classified under advertising and marketing services, sought to engage suppliers for cross-channel marketing strategies, evaluation, and account management, with a total contract value of £7,300,000. The tender period concluded on 30 September 2019, while the contract commenced on 1 January 2020 and is set to expire on 31 December 2021. Although the procurement method was not specified, the process is categorised as a tender.

This procurement presents substantial opportunities for businesses, particularly those in the advertising and marketing sector, to cater to the needs of a government body focused on enhancing its marketing strategies. Companies that specialise in media buying, marketing analytics, and strategic marketing advisory services would be well-positioned to compete for future contracts in this domain. Furthermore, with the potential for contract extensions, businesses can explore long-term partnerships, thereby fostering sustained growth and collaboration.

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Notice Information

Notice Title

GB-London: Media Strategy, planning and buying

Notice Description

This contract will include: - cross-channel marketing strategy, customer and channel planning and media buying, - evaluation and reporting, - account management. - Optimisation - partnership and other related services to support delivery of our campaigns and our 2020 strategy. Additional information: The contract includes the option to extend up to twice on each occasion for a period of 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14543f74-d474-456a-937b-871a1b0a6164
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25125aa8-a4ad-41b2-a3d4-22dd147decaf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79340000 - Advertising and marketing services

Notice Value(s)

Tender Value
£7,300,000 £1M-£10M
Lots Value
Not specified
Awards Value
£7,300,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 20205 years ago
Submission Deadline
30 Sep 2019Expired
Future Notice Date
Not specified
Award Date
29 Sep 20196 years ago
Contract Period
1 Jan 2020 - 31 Dec 2021 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL SERVICES COMPENSATION SCHEME
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MEDIABRANDS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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