Award

1617PT03 Leaving and inheriting estate assets: behavioural evidence around inheritance tax and reliefs

H M REVENUE & CUSTOMS

This public procurement record has 2 releases in its history.

AwardUpdate

04 Jan 2017 at 17:23

Award

04 Jan 2017 at 17:21

Summary of the contracting process

The public procurement process involves H M Revenue & Customs as the buying organisation for the research contract titled "1617PT03 Leaving and inheriting estate assets: behavioural evidence around inheritance tax and reliefs." This procurement, classified under the industry category of "Research and experimental development services," was conducted under a tender process that has now reached completion. The contract was awarded on 20th October 2016, with the contract period running from 26th October 2016 to 31st March 2017. The total contract value is £64,507.50, with a minimum value of £62,670. The work was based in London, UK, as outlined in the delivery addresses. The procurement method used for this tender was identified as 'Other'.

This tender presents significant business opportunities for companies specialising in qualitative research, particularly those with expertise in behavioural economics related to tax and inheritance. Small and medium-sized enterprises (SMEs) may find this contract suitable, given that the suitability criteria were marked as "sme: true." Firms that can leverage insights into tax reliefs and have a strong understanding of asset management are well-positioned to compete in this sphere. Such capabilities are crucial for understanding the intricacies of beneficiaries’ behaviours and the financial advising landscape.

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Notice Title

1617PT03 Leaving and inheriting estate assets: behavioural evidence around inheritance tax and reliefs

Notice Description

This qualitative research with testators, beneficiaries and financial advisors seeks to understand the behavioural influence of inheritance tax reliefs and exemptions. This research explores whether the availability of reliefs and exemptions influences the types of assets owned prior to death, and what beneficiaries do with the assets that they inherit Additional information: This contract was let following a mini-competition within the DWP Social and Economic Research Framework 2013

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4ff3a756-a4f0-46e6-8f53-6c4378f99ff9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6b72d207-fde8-480c-ab06-177262edc235
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
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73100000 - Research and experimental development services

Notice Value(s)

Tender Value
£64,507 Under £100K
Lots Value
Not specified
Awards Value
£64,507 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jan 20179 years ago
Submission Deadline
18 Oct 2016Expired
Future Notice Date
Not specified
Award Date
19 Oct 20169 years ago
Contract Period
25 Oct 2016 - 31 Mar 2017 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
H M REVENUE & CUSTOMS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
TLI London

Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

IFF RESEARCH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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