Award

GB-London: CON-21-263 Understanding the early stages of consumer credit journeys

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

01 Mar 2022 at 12:05

Award Notice
Summary of the contracting process

The Financial Conduct Authority, based in London, has recently completed the procurement process for the tender titled "Understanding the early stages of consumer credit journeys." This initiative falls under the services industry category and focuses on market research to understand consumer behaviour regarding higher-cost and informal/unregulated credit. The contract, valued at £46,260, was awarded to CM Monitor (Britain Thinks) Limited following a tender period that ended on 11th February 2022, with the contract effective from 14th February 2022 until 20th June 2022.

This tender presents opportunities for businesses involved in market research and consumer behaviour analysis, particularly those with experience in financial services or credit analysis. Businesses specialising in qualitative and quantitative research methodologies, as well as those focused on emerging trends in consumer finance, would be well-suited to compete for future contracts in this evolving sector. Engaging with the Financial Conduct Authority's initiatives offers potential for growth by aligning with their ongoing efforts to influence consumer credit policy and supervision.

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Notice Information

Notice Title

GB-London: CON-21-263 Understanding the early stages of consumer credit journeys

Notice Description

Research to understand consumer behaviour to inform and influence FCA thinking on consumer credit policy and supervision. Our focus is the earlier part of the consumer journey when consumers are taking up debt for the first time or starting to habituate borrowing but are not (yet) in financial difficulty; and with a focus on higher-cost credit; informal/unregulated credit; and new forms of debt.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-606cd76d-0b94-4e0e-b658-7837d1375a7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f42f6c12-006d-4cb0-a3a5-724d10a880f7
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

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

CPV Codes

79310000 - Market research services

Notice Value(s)

Tender Value
£46,260 Under £100K
Lots Value
Not specified
Awards Value
£46,260 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20223 years ago
Submission Deadline
11 Feb 2022Expired
Future Notice Date
Not specified
Award Date
11 Feb 20224 years ago
Contract Period
14 Feb 2022 - 20 Jun 2022 1-6 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
FINANCIAL CONDUCT AUTHORITY
Contact Name
Laura McKee
Contact Email
fpsprocurement@fca.org.uk
Contact Phone
02070661000

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

CM MONITOR (BRITAIN THINKS

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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