Award

King's Trust Social Return on Investment Evaluation

THE PRINCE'S TRUST

This public procurement record has 2 releases in its history.

Award

30 May 2025 at 13:42

Tender

29 Nov 2024 at 13:48

Summary of the contracting process

The Prince's Trust, a renowned public organisation based in London, sought proposals for a Social Return on Investment Evaluation to support its 50th anniversary campaign in 2026. Categorised under services, this procurement focuses on market and economic research, polling, and statistics. The tender used an open procedure and invited bids electronically by 10th January 2025, with evaluation based on 70% quality and 30% cost criteria. Ultimately, WPI Economics Limited was awarded the contract for £71,087.50, with the agreement signed on 4th March 2025, confirming the award stage's completion.

This tender presents a lucrative opportunity for businesses specialising in social research services. Companies adept in data analysis and economic research, particularly those capable of delivering detailed social impact assessments, would be ideal candidates. Participating in such projects not only offers a financial incentive but also enhances visibility among high-profile partners, including government departments and corporate entities, thus providing potent avenues for future growth and strategic partnerships.

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Notice Title

King's Trust Social Return on Investment Evaluation

Notice Description

We are seeking an organisation to run a social return on investment analysis for The King's Trust

Lot Information

Lot 1

We are seeking an organisation to run a social return on investment analysis for The King's Trust (KT). The King's Trust last conducted an SROI for our 40th anniversary; the report was well received and widely used in fundraising campaigns and proposals and we are looking to replicate this in support of our 50th anniversary in 2026. We anticipate this report will play a significant role in our anniversary campaign and will include a media release and a launch event. As a high profile organisation, we anticipate the report will be shared with c. 150+ corporate partners, major government departments, philanthropists and our group entities worldwide.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c12b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028837-2025
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79300000 - Market and economic research; polling and statistics

79315000 - Social research services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
£80,000 Under £100K
Awards Value
Not specified
Contracts Value
£71,087 Under £100K

Notice Dates

Publication Date
30 May 20258 months ago
Submission Deadline
10 Jan 2025Expired
Future Notice Date
Not specified
Award Date
4 Mar 202511 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE PRINCE'S TRUST
Contact Name
Not specified
Contact Email
david.washbrook@princes-trust.org.uk
Contact Phone
+44 800842842

Buyer Location

Locality
LONDON
Postcode
EC2M 7LS
Post Town
Central 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
City of London
Electoral Ward
Bishopsgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

WPI ECONOMICS

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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