Award

Banknote Confidence & Payment Survey

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

02 Feb 2022 at 09:59

Summary of the contracting process

The Bank of England has recently completed a procurement process for the contract titled "Banknote Confidence & Payment Survey," which focuses on assessing public perceptions regarding banknotes and payment preferences. This contract, part of the services industry, is valued at £140,000 and is located in London, UK. The tender period concluded on 29th September 2021, while the contract commenced on 5th January 2022 and is set to run until 4th January 2026. This procurement was initiated through a tendering process, and the successful supplier is Opinium Research LLP, confirmed by an award notification published on 2nd February 2022.

This tender presents significant opportunities for businesses, particularly those involved in market research and survey services, to engage in contracts similar to the one awarded. Companies with expertise in public opinion studies, especially those focusing on financial topics, would be well-suited to compete for future opportunities within this sector. As public institutions increasingly seek insights into consumer behaviour, businesses that can effectively analyse and report on such data could greatly benefit from participating in upcoming tenders conducted by the Bank of England and similar organisations.

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How relevant is this notice?

Notice Title

Banknote Confidence & Payment Survey

Notice Description

The Bank of England seeks to appoint a contractor to conduct banknote confidence & payment preference surveys of the UK public as follows: (a) Public perceptions of counterfeiting and payment preferences survey (b) Paper PS20/PS50 Withdrawal Of Legal Tender Status (WOLTS) awareness survey

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d6d6e792-0075-4d68-9b22-625c30fc4afb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c0c609d2-2755-4450-80b4-1bfeb8727c61
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products

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


CPV Codes

22430000 - Banknotes

79311000 - Survey services

Notice Value(s)

Tender Value
£140,000 £100K-£500K
Lots Value
Not specified
Awards Value
£346,400 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Feb 20224 years ago
Submission Deadline
29 Sep 2021Expired
Future Notice Date
Not specified
Award Date
2 Feb 20224 years ago
Contract Period
5 Jan 2022 - 4 Jan 2026 4-5 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
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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OPINIUM RESEARCH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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