Award

GB-London: 102096 - Press Sector Financial Research

DEPARTMENT FOR DIGITAL, CULTURE, MEDIA AND SPORT

This public procurement record has 1 release in its history.

Award

23 Apr 2021 at 11:10

Award Notice
Summary of the contracting process

The Department for Digital, Culture, Media and Sport (DCMS) has completed a public procurement process for a research project titled "GB-London: 102096 - Press Sector Financial Research." This project falls under the services category, specifically focusing on research services related to the financial sustainability of the press sector in the United Kingdom. The contract, valued at £35,000, began on 27 November 2020 and was awarded on 26 November 2020, with a final reporting period that concluded on 31 March 2021. The open procurement method was employed for this tender, which requested an analysis of financial dynamics in the sector, particularly in the context of Covid-19 impacts.

This tender presents opportunities for small and medium enterprises (SMEs) engaged in research and analysis, particularly those with expertise in financial assessments and sectoral studies. Businesses that specialise in economic insights or are familiar with the media industry transformation and its financial challenges would be well-placed to apply their skills. Participating in such tenders can enhance a company's portfolio and provide vital insights that contribute to public policy, thereby fostering growth and establishing valuable relationships with government entities.

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Notice Information

Notice Title

GB-London: 102096 - Press Sector Financial Research

Notice Description

DCMS requires a research project to: 1) Examine costs, revenues, assets, and liabilities of individual firms and analyse findings at an aggregate level. Provide a short overall analysis of what can be inferred about financial sustainability of the sector from these findings. 2) Examine how the issues considered in (1) change over time and across different sub-sectors. More information is provided below. 3) Provide an initial analysis of the impact of Covid-19 on the sector and a discussion of how the crisis may alter financial dynamics analysed in (1) and (2). The primary aspects of the research will be (1) and (2), with the third section a shorter and more prospective discussion given limitations surrounding an analysis of Covid-19 impacts. The findings of this analysis will be presented through a final report and presentation. The project will be used to inform the Government's press sustainability policy in the context of structural decline and the Covid-19 crisis. The detailed financial analysis it provides will be used to aid the design of future interventions in the sector. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1fc755b1-d470-401d-8a7f-db4cc3b33f74
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eb45be3a-2184-47a6-8828-ddd1e6f0bcdf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£35,000 Under £100K
Lots Value
Not specified
Awards Value
£35,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20214 years ago
Submission Deadline
26 Nov 2020Expired
Future Notice Date
Not specified
Award Date
26 Nov 20205 years ago
Contract Period
27 Nov 2020 - 31 Mar 2021 1-6 months
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
DEPARTMENT FOR DIGITAL, CULTURE, MEDIA AND SPORT
Contact Name
DCMS Commercial
Contact Email
commercial@dcms.gov.uk
Contact Phone
+442072116000

Buyer Location

Locality
LONDON
Postcode
SW1A 2BQ
Post Town
South West 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
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ECONOMIC INSIGHT

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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