Award

Provision of Media Buying Strategy

CONSTRUCTION INDUSTRY TRAINING BOARD

This public procurement record has 1 release in its history.

Award

21 Mar 2023 at 13:40

Summary of the contracting process

The Construction Industry Training Board (CITB) has awarded a contract for the provision of a Media Buying Strategy to Crafted Media Limited. The tender had a total value of £1,500,000 and had an open procurement method. The contract period is from March 14, 2023, to March 12, 2025, with the tender period ending on March 13, 2023. The procurement falls under the services category and was conducted through an open procedure.

This procurement opportunity can benefit businesses in the advertising consultancy services sector, especially those experienced in managing media budgets similar to CITB's £500k annual expenditure. Small and medium-sized agencies adept at maximising return on investment may find this opportunity particularly suitable for growth. Crafted Media Limited, the successful bidder, will support various CITB campaigns throughout the year across multiple regions, including the United Kingdom, Europe, and the rest of the world.

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Notice Title

Provision of Media Buying Strategy

Notice Description

CITB are looking to appoint a media buying and strategy agency that will support various campaigns throughout each year. CITB's expected annual media budget is 500k per annum, the majority of campaigns will have spend values of PS50k, we are looking to secure an agency who are used to working with similar budgets and can focus on maximising our return on investment

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-435a07f0-3d65-427d-be0a-3a328a9750e5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eac73e65-378b-4f5b-90ac-f3f6ba1dbef7
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79341100 - Advertising consultancy services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20232 years ago
Submission Deadline
13 Mar 2023Expired
Future Notice Date
Not specified
Award Date
13 Mar 20232 years ago
Contract Period
14 Mar 2023 - 12 Mar 2025 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CONSTRUCTION INDUSTRY TRAINING BOARD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PETERBOROUGH
Postcode
PE2 8TY
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
Delivery Location
Not specified

Local Authority
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

CRAFTED MEDIA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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