Tender

Financial Lives Survey

FCA

This public procurement record has 3 releases in its history.

Tender

06 Aug 2024 at 10:41

Tender Notice
Tender

18 Jul 2024 at 15:33

Tender Notice
Tender

18 Jul 2024 at 15:31

Tender Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) is initiating a tender process to appoint suppliers for the upcoming three waves (Waves 5, 6, and 7) of the Financial Lives Survey (FLS). This project falls under the market research services category, with a total projected value of £5,550,000. The procurement involves delivering specific services, which include fieldwork and weighted data, recontact surveys, data tables, reporting, and cognitive testing and qualitative research. The procurement stage is currently active, with the tender period ending on 3rd September 2024. The contract period is expected to run from 3rd March 2025 to 2nd August 2031. This tender is located in London, with the postal code E20 1JN.

This tender presents significant business growth opportunities for companies specialising in market research, data analysis, and survey execution. Small and medium-sized enterprises (SMEs) are particularly well-suited for this contract, as indicated by the FCA’s suitability criteria. By securing this contract, businesses can build a long-term relationship with a prestigious regulatory authority, enhance their portfolio with high-value projects, and gain visibility in the financial services sector. The multi-specialism bidding approach also allows businesses to align their core competencies with one or more specific areas of work, thereby increasing their chances of winning the contract.

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Notice Information

Notice Title

Financial Lives Survey

Notice Description

The Financial Conduct Authority (FCA) is seeking to appoint suppliers to deliver specific services for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), with the contracts to take effect from March 2025. We expect these three waves to run from March 2025 to later in 2031. Suppliers can bid for one or more of the following specialisms: Specialism A: Delivery of fieldwork and weighted data Specialism B: Recontact surveys Specialism C: Data tables Specialism D: Reporting Specialism E: Cognitive testing and qualitative research

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d1dc1643-928f-4ff7-b0be-2b702a8aac1e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de36557e-22a8-420f-9cee-7f47ad67559a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£5,550,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20241 years ago
Submission Deadline
3 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Mar 2025 - 2 Aug 2031 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

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

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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