Award

PS23372 - Business Growth - Alternatives to commercial lending in the SME business market

DESNZ

This public procurement record has 2 releases in its history.

AwardUpdate

15 Mar 2024 at 12:00

Award Notice
Award

18 Jan 2024 at 14:29

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy (BEIS) has awarded a contract for economic research titled "PS23372 - Business Growth - Alternatives to commercial lending in the SME business market" to the National Institute of Economic and Social Research. The procurement method used was selective, with a call-off from a dynamic purchasing system. The contract period is from December 19, 2023, to January 31, 2025. The tender period ended on November 22, 2023. The main procurement category is services, and the contract value is £172,252.

This procurement opportunity by BEIS offers potential for business growth to companies involved in financial consultancy services, market and economic research, economic research services, and economic impact assessment. Small and medium enterprises are well-suited to compete due to the stated suitability for SMEs. The contract location includes various regions, such as the United Kingdom, Europe, and the British Oversea Territories, providing a broad scope for business engagement.

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.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

PS23372 - Business Growth - Alternatives to commercial lending in the SME business market

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the RM6126 DPS Research & Insights Framework Brief Description of Requirement Economic research to consider how alternatives to existing transaction based lending decisions can address market gaps and how an analytical framework can be established to assess additional impacts

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66171000 - Financial consultancy services

79300000 - Market and economic research; polling and statistics

79311400 - Economic research services

79311410 - Economic impact assessment

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£187,252 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Mar 20241 years ago
Submission Deadline
22 Nov 2023Expired
Future Notice Date
Not specified
Award Date
17 Jan 20242 years ago
Contract Period
19 Dec 2023 - 31 Jan 2025 1-2 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
DESNZ
Additional Buyers

BEIS

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH

Further Information

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-b5fd17-946e3323-9dbe-438f-a885-40a254a67861-2024-03-15T12:00:25Z",
    "date": "2024-03-15T12:00:25Z",
    "ocid": "ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_392518/1302770",
        "title": "PS23372 - Business Growth - Alternatives to commercial lending in the SME business market",
        "description": "***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the RM6126 DPS Research & Insights Framework Brief Description of Requirement Economic research to consider how alternatives to existing transaction based lending decisions can address market gaps and how an analytical framework can be established to assess additional impacts",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "79300000",
                "description": "Market and economic research; polling and statistics"
            },
            {
                "scheme": "CPV",
                "id": "79311400",
                "description": "Economic research services"
            },
            {
                "scheme": "CPV",
                "id": "79311410",
                "description": "Economic impact assessment"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1A 2DY"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "SW1A 2DY"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a dynamic purchasing system",
        "tenderPeriod": {
            "endDate": "2023-11-22T14:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-12-19T00:00:00Z",
            "endDate": "2025-01-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-250475",
            "name": "BEIS",
            "identifier": {
                "legalName": "BEIS"
            },
            "address": {
                "streetAddress": "Polaris House",
                "locality": "Swindon",
                "postalCode": "SN2 1FF",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "professionalservices@uksbs.co.uk",
                "telephone": "01793 867005"
            },
            "details": {
                "url": "http://www.uksbs.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-270693",
            "name": "National Institute of Economic and Social Research",
            "identifier": {
                "legalName": "National Institute of Economic and Social Research"
            },
            "address": {
                "streetAddress": "2 Dean Trench Street, Smith Square, London, Westminster, SW1P 3HE, UNITED KINGDOM"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-CFS-271634",
            "name": "DESNZ",
            "identifier": {
                "legalName": "DESNZ"
            },
            "address": {
                "streetAddress": "Polaris House",
                "locality": "Swindon",
                "postalCode": "SN2 1FF",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "professionalservices@uksbs.co.uk",
                "telephone": "01793 867005"
            },
            "details": {
                "url": "http://www.uksbs.co.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-271634",
        "name": "DESNZ"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861-1",
            "status": "active",
            "date": "2024-01-17T00:00:00Z",
            "datePublished": "2024-01-18T14:29:02Z",
            "value": {
                "amount": 187252,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-270693",
                    "name": "National Institute of Economic and Social Research"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-12-19T00:00:00Z",
                "endDate": "2025-01-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d",
                    "datePublished": "2024-01-18T14:29:02Z",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2024-03-15T12:00:25Z"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/e2fcc2e6-c1bb-4033-921b-91b5475c71c9",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}