Award

Competitor marketing communications monitoring: Retail Finance Services Sector

NATIONAL SAVINGS & INVESTMENTS

This public procurement record has 2 releases in its history.

Award

10 Sep 2019 at 08:50

Award Notice
Tender

13 Jun 2019 at 08:16

Tender Notice
Summary of the contracting process

The National Savings & Investments (NS&I) is seeking suppliers for a contract titled "Competitor marketing communications monitoring: Retail Finance Services Sector." This procurement falls under the services category, specifically focusing on data services, application service provision, and advertising and marketing services. The project is currently at the award stage, with the initial contract period commencing on 19 August 2019 and set to end on 18 August 2022. Interested parties were required to submit their responses by MIDDAY, 15 July 2019. The designated location for service delivery is London, United Kingdom, and the overall budget for this contract is approximately £60k over three years.

This tender presents a promising opportunity for businesses specialising in marketing intelligence, data analysis, and competitor tracking services to enhance their market presence. Companies capable of providing robust online monitoring systems and detailed reporting on marketing communication activities will be well-positioned to compete. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, given the nature of the services required, which underpins the strategic marketing efforts of NS&I's Competitor Intelligence team.

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Notice Information

Notice Title

Competitor marketing communications monitoring: Retail Finance Services Sector

Notice Description

National Savings and Investments (NS&I) requires a supplier to provide NS&I with an online cloud based service that monitors the marketing communications activity of NS&I's competitors in the retail financial services sector. Background to the requirement: Information gathering to understand NS&I's share of voice, relative to competitors, in order to ensure that our advertising is cutting through among our retail customers. This information informs our marketing strategy and planning for the year. We track our share of voice and competitor activity by media channel on a monthly basis. This information informs our marketing strategy and planning for the year. We are looking to award a new contract (up to 3 years) with a supplier that can provide a granular level of detail of our competitors' marketing activity; using an online system that we can easily and efficiently access direct. Any eventual contract would be for a maximum duration of three years, renewable on an annual basis after the first year. The NS&I Competitor Intelligence team is responsible for managing this requirement. The Market & Competitor Intelligence Team at NS&I is comprised of 5 analyst and insight professionals. We work closely with the Marketing team and other comms teams within NS&I who utilise this data for their own planning across the year. As part of the award we require limited account management support beyond some initial training on the system; a dedicated account management contact for any queries or ad hoc reporting; and a contact for technical support if required. Our budget allocation for this service is approximately PS60k over the 3 year term. Please note the deadline for submission of tenderers' responses is MIDDAY, 15 July 2019. For further information on this opportunity please visit the NS&I eProcurement portal as detailed below. Additional information: For further information and to register your interest in this opportunity please visit the NS&I e-sourcing portal: https://nsandi.eu-supply.com/login.asp?B=NSANDI and click on 'Current Tender Opportunities". Please note the deadline for receipt of responses is Midday on 15th July 2019. All communications regarding this tender must be communicated via the NS&I e-sourcing portal: https://nsandi.eu-supply.com/login.asp?B=NSANDI. Communications sent outside the portal cannot be answered.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4100222c-455a-4d1c-88f9-b1d0ec32e466
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3a88e5fc-8cb8-47c3-acdb-8c676c71c8f2
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

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

CPV Codes

72300000 - Data services

72416000 - Application service providers

79340000 - Advertising and marketing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£59,518 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20196 years ago
Submission Deadline
15 Jul 2019Expired
Future Notice Date
Not specified
Award Date
29 Jul 20196 years ago
Contract Period
26 Aug 2019 - 26 Aug 2022 3-4 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
NATIONAL SAVINGS & INVESTMENTS
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
SW1V 2QX
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
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ADVERTISING INTELLIGENCE

Further Information

Notice Documents

Notice URLs

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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