Award

Financial Lives Survey

FCA

This public procurement record has 1 release in its history.

Award

18 Jun 2025 at 10:47

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the award phase of its procurement process for the "Financial Lives Survey," focusing on market research services. This open procedure, with a substantial contract value of £7,224,000, will be delivered by the National Centre for Social Research, Critical Research Ltd, and Ignition House Ltd. The survey will span across Waves 5 to 7 and will run from 9th June 2025 until 8th January 2032, primarily taking place in London, United Kingdom. Key milestones included the award date on 11th December 2024 and the contract commencement in 2025 under the CPV code 79310000, indicating a focus on market research services.

This tender presents significant opportunities for businesses specialising in market research services and those with expertise in large-scale surveys. Given its open procedure format, businesses can anticipate engaging with high-calibre counterparts within the sector, fostering growth through collaboration and delivering high-quality data insights. The process is particularly suited for small and medium-sized enterprises (SMEs) capable of executing complex data collection and analytics tasks, thereby enhancing their portfolio and gaining prestige in the research domain.

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Notice Title

Financial Lives Survey

Notice Description

Suppliers will deliver various activities for Waves 5 to 7 of the Financial Lives survey

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-65a8a0d1-bfd3-4bca-adc6-87d3ffbc5b30
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a0421290-1ec3-4806-884c-d7df26fdf49e
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

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
£7,224,000 £1M-£10M
Lots Value
Not specified
Awards Value
£7,224,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20258 months ago
Submission Deadline
3 Sep 2024Expired
Future Notice Date
Not specified
Award Date
11 Dec 20241 years ago
Contract Period
8 Jun 2025 - 8 Jan 2032 Over 5 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
FCA
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
0800 111 6768

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
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
3
Supplier Names

CRITICAL RESEARCH

IGNITION HOUSE

NATIONAL CENTRE FOR SOCIAL RESEARCH T/A NATCEN SOCIAL RESEARCH

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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