Award

Provision of a UK/ GB Tracking Survey of the Savings and Investments Market for NS&I

NS&I

This public procurement record has 1 release in its history.

Award

12 Mar 2024 at 12:50

Award Notice
Summary of the contracting process

The National Savings and Investments (NS&I) has awarded a contract for the provision of a UK/ GB Tracking Survey of the Savings and Investments Market. The contract, valued at £86,249.63, was awarded to Ipsos Mori UK Limited. This market research services procurement process was conducted directly using a Single tender action (below threshold) method. The contract period is from 1st April 2024 to 31st March 2025, with the tender period ending on 21st December 2023, and the award date being 27th February 2024. The procurement was completed and the award is currently active.

This procurement process by NS&I presents an opportunity for businesses in the market research services industry. The contract involves conducting a continuous quantitative monthly survey representative of the UK or GB adult population. Businesses with expertise in market research, data collection, and analysis would be well-suited to compete in this tender. The location of the contract is primarily in London, with additional delivery addresses in Yorkshire and the Humber, United Kingdom. This opportunity could be beneficial for companies looking to provide tailored services to public sector organisations like NS&I.

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Notice Information

Notice Title

Provision of a UK/ GB Tracking Survey of the Savings and Investments Market for NS&I

Notice Description

**** Contract awarded **** Requirement: NSANDI needs to understand how it and its products fit among those of its competitors within consumers savings and investment portfolios as well as show how consumer behaviour is changing over time with regards to their finances. NSANDI is mainly focused on savings but we have a need to understand high level penetration of investments as part of consumers portfolio. NSANDI is looking to subscribe to a robust, large scale continuous quantitative monthly survey that is representative of the UK or GB adult population (including representing consumers that are not online) which gives robust understanding of the savings and investment market amongst UK or GB adults. The survey needs to be an established survey as access to back data and trends is required. This contract was awarded following a formal market engagement exercise via the CCS Research and Insights RM6126 framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-43a811b6-bce0-418a-8a28-49493d92660f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/adf9f6a4-dd56-4ab7-9698-8df816add0a1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

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
Not specified
Lots Value
Not specified
Awards Value
£86,249 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 20241 years ago
Submission Deadline
21 Dec 2023Expired
Future Notice Date
Not specified
Award Date
27 Feb 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2025 6-12 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
NS&I
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
SW1P 3BT
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
TLE Yorkshire and The Humber
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

IPSOS MORI

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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