Award

Provision of Household Debt Survey

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

23 Oct 2023 at 08:47

Summary of the contracting process

The Bank of England has awarded a contract for the Provision of Household Debt Survey to NMG Financial Services Consulting Limited. The contract, valued at £200,000 GBP, was awarded through a direct procurement method. The tender period ended on January 27, 2023, with a contract period starting on January 30, 2023, and ending on December 31, 2024. The buyer organisation, Bank of England, is located in London, England, and falls under the services category.

This tender opportunity for the Household Debt Survey can benefit businesses, particularly those specialising in survey services. Small and medium-sized enterprises (SMEs) would be well-suited to compete for this contract as the nature of the procurement method, a single tender action, provides opportunities for smaller companies. The opportunity is already in the award stage, creating a chance for growth and partnership with the Bank of England in delivering nationally representative survey services.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Household Debt Survey

Notice Description

To deliver large scale, nationally representative survey services to the Bank.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c6c882d-147c-4a4e-90b1-622b0cc9a116
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/db1b7d77-1806-49f1-b444-df59a1514a7d
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79311000 - Survey services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20232 years ago
Submission Deadline
27 Jan 2023Expired
Future Notice Date
Not specified
Award Date
27 Jan 20233 years ago
Contract Period
30 Jan 2023 - 31 Dec 2024 1-2 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
BANK OF ENGLAND
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
EC2R 8AH
Post Town
Central 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
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

NMG FINANCIAL SERVICES CONSULTING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-7c6c882d-147c-4a4e-90b1-622b0cc9a116-2023-10-23T09:47:15+01:00",
    "date": "2023-10-23T09:47:15+01:00",
    "ocid": "ocds-b5fd17-7c6c882d-147c-4a4e-90b1-622b0cc9a116",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001015",
        "title": "Provision of Household Debt Survey",
        "description": "To deliver large scale, nationally representative survey services to the Bank.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79311000",
            "description": "Survey services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 200000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-01-27T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-01-30T00:00:00Z",
            "endDate": "2024-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "corporate.contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-03787947",
            "name": "NMG Financial Services Consulting Limited",
            "identifier": {
                "legalName": "NMG Financial Services Consulting Limited",
                "scheme": "GB-COH",
                "id": "03787947"
            },
            "address": {
                "streetAddress": "18th Floor, 110 Bishopsgate, London, United Kingdom, EC2N 4AY"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7c6c882d-147c-4a4e-90b1-622b0cc9a116-1",
            "status": "active",
            "date": "2023-01-27T00:00:00Z",
            "datePublished": "2023-10-23T09:47:14+01:00",
            "value": {
                "amount": 200000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-03787947",
                    "name": "NMG Financial Services Consulting Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-01-30T00:00:00Z",
                "endDate": "2024-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/db1b7d77-1806-49f1-b444-df59a1514a7d",
                    "datePublished": "2023-10-23T09:47:14+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}