Award

GB-London: CON-22-028 Interest only Mortages

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

13 Apr 2022 at 13:50

Summary of the contracting process

The Financial Conduct Authority (FCA) in London has recently concluded a public procurement process for the project titled "GB-London: CON-22-028 Interest only Mortgages". This initiative, classified under market research services, aims to examine the repayment strategies of borrowers with interest-only mortgages. The procurement was initiated as a tender process, and it is now in the award stage, which was completed on 17th March 2022. The contract, valued at £80,867, is set to run from 23rd March 2022 to 31st October 2022.

This procurement presents significant opportunities for businesses in the research services sector, particularly those with expertise in financial market research and analysis. Firms that specialise in consumer finance, data analysis, or have experience in understanding borrower behaviours would be particularly well-suited to engage in similar future tenders. The FCA's focus on the complexities surrounding interest-only mortgage repayment strategies highlights a demand for innovative solutions and insights, creating a fertile environment for business growth in this niche market.

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Notice Title

GB-London: CON-22-028 Interest only Mortages

Notice Description

The FCA is commissioning a research agency to carry out research to better understand the repayment strategies of borrowers with interest-only mortgages. In particular, how many borrowers have repayment strategies, what these strategies are, how realistic these strategies are, and what support borrowers have found useful when planning their repayment strategies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7142f33-c450-4be7-8802-555853480919
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf49787e-3872-4424-a96c-730a625f783c
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
Not specified
Awardee Scale
SME

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
£80,867 Under £100K
Lots Value
Not specified
Awards Value
£80,867 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20223 years ago
Submission Deadline
17 Mar 2022Expired
Future Notice Date
Not specified
Award Date
17 Mar 20223 years ago
Contract Period
23 Mar 2022 - 31 Oct 2022 6-12 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
FINANCIAL CONDUCT AUTHORITY
Contact Name
Laura McKee
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
02070661000

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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

OPINIUM RESEARCH

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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