Award

GB-London: CON-21-264 High Cost Credit Research

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

22 Feb 2022 at 12:20

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) based in London has completed a procurement process for the project titled "GB-London: CON-21-264 High Cost Credit Research". This project falls within the market research services industry category and was initiated to investigate the challenges consumers face in accessing high-cost credit products. The tender period ended on 31 January 2022, while the contract commenced on 7 February 2022 and will conclude on 31 July 2022. The total value of the contract is £140,741.40.

This procurement provides significant opportunities for businesses specialising in market research and analysis, particularly those with expertise in consumer finance and credit services. Companies that can demonstrate experience in conducting comprehensive research projects and analysing consumer behaviour would be particularly well-suited to engage in similar tenders in the future. This type of research is vital for organisations looking to strengthen their understanding of the credit landscape and consumer access issues.

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Notice Information

Notice Title

GB-London: CON-21-264 High Cost Credit Research

Notice Description

The FCA wants to better understand whether consumers who have used high-cost credit products in the past, or who might consider using high-cost credit products, are facing difficulties in accessing credit. In order to do this, we have commissioned a research project to explore the incidence and nature of access issues, as well as the reasons for seeking credit and the impacts of using (or not being able to access) high-cost credit.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4025c399-d155-4829-9dac-341d22a6c377
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/deaa3eb0-3037-4806-b06d-74dc69a31d77
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79300000 - Market and economic research; polling and statistics

79310000 - Market research services

Notice Value(s)

Tender Value
£140,741 £100K-£500K
Lots Value
Not specified
Awards Value
£140,741 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Feb 20224 years ago
Submission Deadline
31 Jan 2022Expired
Future Notice Date
Not specified
Award Date
31 Jan 20224 years ago
Contract Period
7 Feb 2022 - 31 Jul 2022 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
FINANCIAL CONDUCT AUTHORITY
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
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

OPINIUM RESEARCH

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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