Award

Digital Market Intelligence Support

NS&I

This public procurement record has 2 releases in its history.

Award

05 Jul 2023 at 10:21

Tender

05 Apr 2023 at 15:24

Summary of the contracting process

The buying organization NS&I based in London, UK, has completed a tender for digital market intelligence support services. The title of the procurement is "Digital Market Intelligence Support" within the services category under the main procurement category. The industry category is market research services. The procurement involved a cancelled tender with the legal basis scheme CELEX. The procurement stage was "Tender". The deadline for this tender was not met, and the status is cancelled, with an initial contract term of 12 months.

This procurement opportunity by NS&I aims to attract digital and fintech market intelligence agencies. Businesses specialising in market research services and digital innovations would be well-suited to compete. The buyer, NS&I, requires insights on competitor strategies, focusing on fintechs, Open Banking, and digital innovations. Companies providing expertise in competitor analysis, customer experience, and digital product development are encouraged to engage. The initial contract term is for 12 months, with possible extensions, providing a growth opportunity for innovative service providers in the financial services sector.

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Notice Title

Digital Market Intelligence Support

Notice Description

A digital and fintech market intelligence agency is required to help NS&I monitor the external competitor landscape, particularly focussing on fintechs, Open Banking developments and digital innovations.

Lot Information

Lot 1

The financial services arena is going through some significant changes through the recent introduction of Open Banking and the changing digital environment. A digital and fintech market intelligence agency is required to help NS&I monitor the external competitor landscape, particularly focussing on fintechs, Open Banking developments and digital innovations. The digital and fintech market intelligence agency will provide specialist insights on competitor's strategies, including but not limited to, best practice in customer experience, operations and product and proposition development. Guidance and recommendations are required to help support and inform NS&I's digital first strategy. The following is a breakdown of our requirements from a digital and fintech market intelligence agency: * Deep dive, topic-based presentation/report delivered internally to key stakeholders. This would be on an ad-hoc basis determined by the use of research credits. We estimate that we would require four of these deliverables per annum. * Regular news alerts on the latest digital and innovation developments within financial services, with analyst commentary summarising the impact for NS&I * Access to an online web portal to access downloadable content including: o Screenshots/Video insights on CX journeys across mobile and desktop channels o Insight reports o News alerts with analyst commentary on risk/opportunities for NS&I * Access to an analyst who will be able to field questions - not requiring deep dive analysis - on an ad-hoc basis. All tendering against this requirement must be conducted via NS&I's Panacea Portal

Options: There is an initial contract term of 12 months and there are two 12 month extension periods available.

Renewal: The contract is awarded for an initial term of 12 months and there are two 12 month extension periods available

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03bcf6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019118-2023
Current Stage
Award
All Stages
Tender, Award

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
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
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£200,000 £100K-£500K

Notice Dates

Publication Date
5 Jul 20232 years ago
Submission Deadline
8 May 2023Expired
Future Notice Date
Not specified
Award Date
18 Jun 20232 years ago
Contract Period
4 Jun 2023 - 4 Jun 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NS&I
Contact Name
Jack Burgess
Contact Email
jack.burgess@nsandi.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 3BT
Post Town
South West 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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

11:FS GROUP

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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