Award

Provision of Annual Household Expenditure Data by Products and Source - AWARD

OFFICE FOR NATIONAL STATISTICS

This public procurement record has 1 release in its history.

Award

07 Dec 2018 at 10:31

Award Notice
Summary of the contracting process

The public procurement process involves the Office for National Statistics (ONS) as the buying organisation, which has awarded a contract titled "Provision of Annual Household Expenditure Data by Products and Source." This contract falls under the data services industry category and is located in Newport, United Kingdom. The procurement stage is marked as complete, with the contract period set to commence on 1st November 2018 and concluding on 31st October 2020, potentially extendable for one additional year. The tender closed on 24th September 2018.

This tender presents an excellent opportunity for businesses specialising in data collection and analysis, particularly those that can provide comprehensive consumer expenditure data. Companies with capabilities in statistical data processing and those able to supply detailed information on consumer spending patterns would be well-suited to compete. The ONS seeks accurate and disaggregated data to enhance the reliability of the Consumer Prices Index, making this a strategic opportunity for suppliers focused on delivering high-quality statistical services.

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Notice Information

Notice Title

Provision of Annual Household Expenditure Data by Products and Source - AWARD

Notice Description

Duration of Contract 2 years with option to extend for one year. Maximum total budget for this contract is PS123000 which includes the option to extend for one year. Prices Division is responsible for the production and quality assurance of two of the Office for National Statistics (ONS) most high profile statistics, the Consumer Prices Index including owner occupiers' housing costs (CPIH), and the Consumer Prices Index (CPI). The consumer price indices are used widely by, among others, Her Majesty's Treasury for monitoring financial policy, the Department of Work and Pensions for setting social security benefits, the Bank of England for monetary policy decisions, financial institutions for analysis, Trade Unions for wage bargaining and the wider public for a 'sense' of inflation. The consumer price indices are produced monthly and are never revised, and errors or inaccuracies in the figures or underlying data would be seriously detrimental to the reputation of the ONS. In order to compile the consumer price indices, information is required on the annual expenditure on different groups of products at multiple and independent stores. This enables the ONS to give each type of shop and product its correct weight or market share in the list of goods and services used to produce the indices. Much of the information is sourced from internal ONS surveys but some additional detailed expenditure information is needed. The consumer price indices are compiled by weighting together product or item level price data in a way that reflects UK consumer spending patterns. In order to achieve this, detailed consumer spending figures are required at a suitably disaggregated level for lower-level item weights to be constructed without the need for arbitrary decisions. A list of the items currently used in the CPI and CPIH is attached as Annex A but this is updated annually so the data supply will need to include information on a wider range of goods and services within each product area. A list of the areas against which more detailed information is required is attached as Annex B. These are the COICOP (Classification of Individual Consumption According to Purpose) headings on which the CPI is based. http://ec.europa.eu/eurostat/ramon/nomenclatures/index.cfm?TargetUrl=LST_NOM_DTL&StrNom=HICP_2000&StrLanguageCode=EN&IntPcKey=&StrLayoutCode=HIERARCHIC&CFID=17033144&CFTOKEN=da7991b7c3773bf8-3AFB0C91-050D-4110-6307D77B1036F4AA&jsessionid=f900346ff8f62544417d Certain shops in the consumer price indices are treated separately to reflect their more dominant market share. Data are required on the market share of a range of shops for different groups of products leading to more accurate 'shop weight' information. In order to compile some of the item indices, information is required on suppliers by types of products to ensure that the relative importance of each supplier is correctly assigned. In this context, suppliers include, type of shop ...

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c3550fb-6a78-464b-8a98-348498e70f1a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d296c80b-71a2-4700-9ee3-5887c5f79048
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Dec 20187 years ago
Submission Deadline
24 Sep 2018Expired
Future Notice Date
Not specified
Award Date
25 Oct 20187 years ago
Contract Period
1 Nov 2018 - 31 Oct 2020 2-3 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
OFFICE FOR NATIONAL STATISTICS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWPORT
Postcode
NP10 8XG
Post Town
Newport
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL54 Monmouthshire and Newport
Delivery Location
Not specified
Local Authority
Newport
Electoral Ward
Tredegar Park and Marshfield
Westminster Constituency
Newport West and Islwyn

Supplier Information

Number of Suppliers
1
Supplier Name

MINTEL GROUP

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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