Award

Market research to test the concept of Targeted Support in Pensions

FCA

This public procurement record has 1 release in its history.

Award

24 Jul 2024 at 15:12

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the procurement process for a market research project aimed at testing the concept of Targeted Support in Pensions. Classified under Market research services (CPV code 79310000), this contract was awarded to NMG Consulting. The procurement was conducted through a selective method, specifically a call-off from a framework agreement. The tendering period concluded on 18th June 2024, with the contract beginning on 8th July 2024 and ending on 13th December 2024. The contract's estimated value is £90,000, and it pertains to services to be delivered primarily in London, with the postal code E20 1JN. This tender has moved from the tender stage to the award stage, and the award notice was published on 24th July 2024.

This procurement presents significant opportunities for businesses specialising in market research services, particularly those experienced in the financial sector and consumer behaviour analysis. While the current contract has been awarded, similar future opportunities could arise. Companies with robust market research capabilities, particularly those capable of evaluating consumer demand and financial decision-making, would be well-positioned to compete. Additionally, engaging in such contracts with the FCA can enhance a company's portfolio and credibility within the UK public procurement landscape.

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Notice Title

Market research to test the concept of Targeted Support in Pensions

Notice Description

The primary aim of this research is to assess consumer demand for Targeted Support in relation to the decisions they make with their pension, in the context of the existing forms of support such as information/guidance and regulated financial advice.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3c7e2261-92c7-418d-ac8c-f230f550f2ee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cae5ab25-93f2-459e-a3d8-7cd7b9a87ebd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79310000 - Market research services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20241 years ago
Submission Deadline
18 Jun 2024Expired
Future Notice Date
Not specified
Award Date
1 Jul 20241 years ago
Contract Period
7 Jul 2024 - 13 Dec 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FCA
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

NMG CONSULTING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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