Award

Social and Economic Value of Accessing Affordable Credit

FAIR4ALL FINANCE LIMITED

This public procurement record has 3 releases in its history.

Award

21 Nov 2025 at 15:25

TenderUpdate

07 Jul 2025 at 15:19

Tender

07 Jul 2025 at 15:10

Summary of the contracting process

The procurement process initiated by Fair4All Finance Limited, located in London, focused on the "Social and Economic Value of Accessing Affordable Credit" project. This contract targeted services within the industry category of research consultancy, aimed at evaluating the social and economic impacts of affordable credit in Great Britain. The procurement stage reached the award phase on 20th November 2025, with a contract value of £282,555 awarded to The University of Exeter. The contract is set to commence on 5th January 2026 and conclude on 21st December 2027. The procurement method employed was a selective, competitive flexible procedure, indicating a tailored approach to supplier selection.

This tender presents notable opportunities for businesses involved in research consultancy, particularly those specialising in economic and financial analysis. It encourages participation from suppliers with expertise in financial inclusion and economic impact assessment. Businesses capable of fulfilling detailed analysis and evaluation of credit impacts could leverage this tender to expand their portfolio and establish a partnership with a public sector entity like Fair4All Finance Limited, thereby enhancing their credibility and market presence in the finance and consultancy sectors.

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Notice Title

Social and Economic Value of Accessing Affordable Credit

Notice Description

Fair4All Finance is seeking an experienced supplier to help us better understand the social impact and economic value of assessing affordable credit in Great Britain. The contract will cover a 2 stage project: Stage One - a meta-analysis of existing evaluations, and a next steps approach scoping exercise There will be pause after stage one to agree approach moving forward. Stage Two - evaluation of social and economic impact of affordable credit provided by commercial lenders Stage Three - evaluation of social and economic impact of affordable credit provided by community lenders The value of the contract may vary as a result of the approach taken. We estimate from PS130,000 - PS350,000 incl of VAT.

Lot Information

Lot LOT-0001

Renewal: A six month extension will be built into the contract to allow flexibility around the timeframe for the Stage 2 & 3 approach.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055a92
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/076135-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

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


CPV Codes

66171000 - Financial consultancy services

73210000 - Research consultancy services

79311400 - Economic research services

79311410 - Economic impact assessment

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£275,000 £100K-£500K
Lots Value
£275,000 £100K-£500K
Awards Value
£282,555 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Nov 20253 months ago
Submission Deadline
23 Jul 2025Expired
Future Notice Date
Not specified
Award Date
20 Nov 20253 months ago
Contract Period
5 Jan 2026 - 21 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FAIR4ALL FINANCE LIMITED
Contact Name
Selina Muir
Contact Email
procurement@fair4allfinance.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E1 7EX
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

THE UNIVERSITY OF EXETER

Open Contracting Data Standard (OCDS)

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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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