Award

Making Reservation Agreements A Normal Part of the Home Buying & Selling Process

DEPARTMENT FOR LEVELLING UP, HOUSING AND COMMUNITIES

This public procurement record has 1 release in its history.

Award

27 Apr 2022 at 09:05

Summary of the contracting process

The public procurement process has been conducted by the Department for Levelling Up, Housing and Communities for the project titled "Making Reservation Agreements A Normal Part of the Home Buying & Selling Process." This initiative falls under the research services industry category, and the contract value is £63,066.50. The procurement method utilised was a direct approach, specifically a single tender action, due to the nature of the project and its size, which is below the tender threshold. The contract period commenced on 20th September 2021 and will conclude on 31st August 2022, with the tender process marked as complete as of 3rd March 2022.

This opportunity presents a significant avenue for growth for businesses engaged in research and consultation services, particularly those focused on real estate and housing market trends. Businesses equipped with expertise in designing trial agreements and analysing consumer and industry behaviour would be especially well-suited to participate in similar future tenders. The work conducted by the successful supplier, Kantar Public UK Limited, reflects the increasing governmental focus on innovative solutions within the housing sector, signalling a favourable environment for firms capable of delivering insightful research outcomes.

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Notice Title

Making Reservation Agreements A Normal Part of the Home Buying & Selling Process

Notice Description

In 2019, Government let a contract with Kantar Public to help Government to design and trial a reservation agreement which buyers and sellers of homes could use. The purpose of this research was two-fold, Firstly, to determine whether consumers and industry would be willing to make use of reservation agreements and then secondly and only providing that Kantar could demonstrate industry and consumer support, for Kantar to carry out a trial of reservation agreements. Once this trial had been concluded, Government could then make a determination about an appropriate way forward. Kantar successfully completed the first phase of their research carrying out research with industry and consumers. At the start of 2020, they submitted a report to MHCLG (now DLUHC) which summarised their findings and recommended that the work should proceed to a formal trial. In early March 2020, Ministers agreed that this work should proceed to a trial. However, the impact of the Covid-19 pandemic on the housing market and then the subsequent recovery sparked by a stamp duty holiday distorted the level of transactions and meant that a trial during 2020 was not possible. This Contract covers the resumption of this work and the start of a trial of reservation agreements. For the purposes of continuity, Kantar were commissioned to continue/conclude the work.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-75c047a7-f9ee-4cc7-96d8-7a16b1f98249
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5676ab78-dc30-4a00-b24b-0eb798ba581c
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

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£63,066 Under £100K
Lots Value
Not specified
Awards Value
£63,066 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Apr 20223 years ago
Submission Deadline
16 Sep 2021Expired
Future Notice Date
Not specified
Award Date
3 Mar 20223 years ago
Contract Period
19 Sep 2021 - 31 Aug 2022 6-12 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
DEPARTMENT FOR LEVELLING UP, HOUSING AND COMMUNITIES
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 4DF
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

KANTAR PUBLIC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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