Award

Economic Review of the Revenue Model for UK Independent Film September 2021 - AWARD

BFI

This public procurement record has 1 release in its history.

Award

07 Jan 2022 at 16:01

Summary of the contracting process

The British Film Institute (BFI) recently completed the procurement process titled "Economic Review of the Revenue Model for UK Independent Film September 2021." This process focuses on the economic dynamics and revenue flow within the UK independent film sector and was officially classified under economic research services. The tender phase was executed as an open procedure, with the initial contract period running from 3rd November 2021 to 31st March 2022. The procurement attracted submissions from businesses in the UK and beyond, with the final contract awarded to Alma Economics Limited, valued at £79,250.

This tender presents a strategic opportunity for businesses involved in economic research and analysis, particularly those with expertise in the film industry and digital media. Companies that can provide in-depth insights into revenue models, marketplace dynamics, and innovative recommendations for the independent film sector will find this tender particularly relevant. Given the diverse scope of the project, businesses of various sizes, including SMEs, are encouraged to engage in future tenders within this domain, building partnerships to enhance their growth potential in the evolving film marketplace.

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

Economic Review of the Revenue Model for UK Independent Film September 2021 - AWARD

Notice Description

The BFI is seeking to commission a new report on the detailed economics of the current value chain for UK independent film, and the overall dynamics of the marketplace for such films, focussing on the flow of revenues. The focus is on independent films with budgets of up to PS15 million. This work will be informed by the huge shifts that have taken place in the ways that audiences access films in a world of digital media and in particular the impact of streaming services. The review will provide industry with robust and reliable evidence and economic analysis of the value chain for UK independent film. The analysis will focus on both the relative balance of revenues from the component parts of the value chain as well as indicative levels of return from those different segments for independent feature films of different budget levels. The review should also be accompanied by a set of recommendations (with blue sky and/or innovative recommendations that would benefit all aspects of the industry actively encouraged), rooted in the objective economic analysis, which will be used to identify priorities for future action. Working with key stakeholders including PACT and the UK's Public Service Broadcasters the economic review will be based on solid economic evidence focussed on the flow of revenues. Whilst the study focuses primarily on feature length films, encompassing all genres from drama to documentary, the wider scope of film formats e.g. short films and/or episodic independent film should also be considered if the equivalent value chains bring additional insight or evidence to support the report's recommendations for feature length films.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e5e83a69-eabe-45be-8858-4a5cbc2bebe0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b0868d7-00ad-46b4-9c75-68ed16711bbe
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79311400 - Economic research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£79,250 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jan 20224 years ago
Submission Deadline
8 Oct 2021Expired
Future Notice Date
Not specified
Award Date
3 Nov 20214 years ago
Contract Period
3 Nov 2021 - 31 Mar 2022 1-6 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
BFI
Contact Name
Lauren Richardson
Contact Email
lauren.richardson@bfi.org.uk
Contact Phone
02071733262

Buyer Location

Locality
LONDON
Postcode
W1T 1LN
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

ALMA ECONOMICS

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-e5e83a69-eabe-45be-8858-4a5cbc2bebe0-2022-01-07T16:01:24Z",
    "date": "2022-01-07T16:01:24Z",
    "ocid": "ocds-b5fd17-e5e83a69-eabe-45be-8858-4a5cbc2bebe0",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "2021/265 - AWARD",
        "title": "Economic Review of the Revenue Model for UK Independent Film September 2021 - AWARD",
        "description": "The BFI is seeking to commission a new report on the detailed economics of the current value chain for UK independent film, and the overall dynamics of the marketplace for such films, focussing on the flow of revenues. The focus is on independent films with budgets of up to PS15 million. This work will be informed by the huge shifts that have taken place in the ways that audiences access films in a world of digital media and in particular the impact of streaming services. The review will provide industry with robust and reliable evidence and economic analysis of the value chain for UK independent film. The analysis will focus on both the relative balance of revenues from the component parts of the value chain as well as indicative levels of return from those different segments for independent feature films of different budget levels. The review should also be accompanied by a set of recommendations (with blue sky and/or innovative recommendations that would benefit all aspects of the industry actively encouraged), rooted in the objective economic analysis, which will be used to identify priorities for future action. Working with key stakeholders including PACT and the UK's Public Service Broadcasters the economic review will be based on solid economic evidence focussed on the flow of revenues. Whilst the study focuses primarily on feature length films, encompassing all genres from drama to documentary, the wider scope of film formats e.g. short films and/or episodic independent film should also be considered if the equivalent value chains bring additional insight or evidence to support the report's recommendations for feature length films.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79311400",
            "description": "Economic research services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "W1T 1LN"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2021-10-08T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2021-11-03T00:00:00Z",
            "endDate": "2022-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-6712",
            "name": "BFI",
            "identifier": {
                "legalName": "BFI"
            },
            "address": {
                "streetAddress": "21 Stephen Street, London",
                "locality": "London",
                "postalCode": "W1T 1LN",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Lauren Richardson",
                "email": "lauren.richardson@bfi.org.uk",
                "telephone": "02071733262"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-194087",
            "name": "Alma Economics Limited",
            "identifier": {
                "legalName": "Alma Economics Limited"
            },
            "address": {
                "streetAddress": "24 Stoke Newington Rd, London, United Kingdom, N16 7XJ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-6712",
        "name": "BFI"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-e5e83a69-eabe-45be-8858-4a5cbc2bebe0-1",
            "status": "active",
            "date": "2021-11-03T00:00:00Z",
            "datePublished": "2022-01-07T16:01:24Z",
            "value": {
                "amount": 79250,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-194087",
                    "name": "Alma Economics Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2021-11-03T00:00:00Z",
                "endDate": "2022-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/7b0868d7-00ad-46b4-9c75-68ed16711bbe",
                    "datePublished": "2022-01-07T16:01:24Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}