Award

Marketing Media Agency RFP Invitation to Pitch - Mini Competition - AWARD

L&Q CONSTRUCTION

This public procurement record has 1 release in its history.

Award

06 Apr 2023 at 15:48

Summary of the contracting process

The procurement process for the Marketing Media Agency services was recently concluded with an award to The Media People. L&Q Construction, based in London, issued the tender seeking media buying strategies to support their marketing teams and achieve lead generation targets. The procurement method used was a selective procedure, with a tender period ending on February 17, 2023. The contract period for the awarded 12-month contract runs from April 11, 2023, to April 11, 2024, offering opportunities for businesses in the advertising and marketing services industry.

This opportunity creates avenues for media buying agencies to compete for a long-term contract to provide services to L&Q Construction. Businesses well-suited to compete in this tender should have expertise in advertising and marketing services, with a focus on delivering strategies to generate quality leads and support lead conversion into sales/lets. The awarded contract is valued at £4,000,000 GBP, accentuating the potential growth prospects for businesses operating in this sector.

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Notice Title

Marketing Media Agency RFP Invitation to Pitch - Mini Competition - AWARD

Notice Description

In order to achieve our targets, the marketing teams for New Homes, Rental and Resale products will require robust Media Buying strategies and implementation plans to ensure they achieve their lead generation targets and support the departmental business targets. L&Q are looking for one media buying agency to work across all areas of the business for a 12 month contract, delivering the best rates and best strategies to help us target all our audiences and generate quality leads, that will convert to sales/lets for our teams. In order to agree the best agency to support us over the next 12 months we will be running a mini tender for this work and will be awarding a 12 month contract for all media buying. Going forwards we will run a new tender on a yearly basis to ensure we have the best support for the changing business needs. The purpose of this document is to outline the requirements of the mini tender and for us as a business to understand how 'you' the media buying agency can support in achieving our business goals.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eb0cb052-7bee-4c9d-b708-775170eb1656
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c3ad6b87-b28b-4496-bb2c-db1ef62a2aae
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79340000 - Advertising and marketing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20232 years ago
Submission Deadline
17 Feb 2023Expired
Future Notice Date
Not specified
Award Date
5 Apr 20232 years ago
Contract Period
10 Apr 2023 - 11 Apr 2024 1-2 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
L&Q CONSTRUCTION
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
E15 4PH
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
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

THE MEDIA PEOPLE

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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