Tender

What can we learn from retail banking practices during Covid-19?

FAIR4ALL FINANCE LIMITED

This public procurement record has 1 release in its history.

Tender

12 Oct 2021 at 15:20

Summary of the contracting process

The procurement process is being conducted by Fair4All Finance Limited, which is based in London, United Kingdom. The tender, titled "What can we learn from retail banking practices during Covid-19?", is categorised under research and development services. This open procedure is currently in the tender stage, with the deadline for submissions on 1st November 2021. The awarded contract, valued at £100,000, will commence on 5th November 2021 and is set to conclude by 31st March 2022, focusing on the evaluation of support measures in retail banking during the pandemic.

This tender presents a significant opportunity for businesses specialising in research consultancy and market analysis, particularly those with experience in financial sectors or consumer behaviour studies. Companies that can demonstrate expertise in analysing customer demographics and assessing impact data will be well-positioned to compete for this contract. The insights generated from this research aim to inform future strategies for mainstream banks to better serve financially vulnerable customers, ultimately contributing to business growth in the financial services industry.

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Notice Title

What can we learn from retail banking practices during Covid-19?

Notice Description

Fair4All Finance is seeking a provider to research the provisions that retail banking lenders put in place to support customers through the financial shocks that they faced because of the Covid-19 pandemic. Broadly, this work should seek to detail the different support measures put in place, the customer demographics reached, and the impact these interventions had on customer financial wellbeing and overall wellbeing. The research should be framed around the different operational and financial implications it had for retail banking providers. Insights from this work will be used by Fair4AllFinance and partners to inform how mainstream banks can take learnings from the temporary measures and best serve customers who are classified as financially vulnerable in the long-term. The insights will help to formulate recommendations at the product and policy level.

Lot Information

Lot 1

As per the Quotation documentation

Options: Please see Quotation information

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02eb11
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025508-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
12 Oct 20214 years ago
Submission Deadline
1 Nov 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 Nov 2021 - 31 Mar 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FAIR4ALL FINANCE LIMITED
Contact Name
Gary Stephens
Contact Email
procurement@fair4allfinance.org.uk
Contact Phone
+44 7940519544

Buyer Location

Locality
LONDON
Postcode
E1 6LS
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Spitalfields & Banglatown
Westminster Constituency
Bethnal Green and Stepney

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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