Award

Finance and Investment Decisions Survey 2025

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

04 Nov 2025 at 14:52

Summary of the contracting process

The Department for Business & Trade has awarded a contract for the "Finance and Investment Decisions Survey 2025" in the services industry category. Based in London, the project focuses on business research, and IFF Research Limited, also located in London, has been selected as the supplier. The procurement process was executed directly, below the threshold, without competition, with the contract award concluded on 17th October 2025. The contract began on 22nd October 2025 and is set to run until 31st March 2026, with a possible extension until 30th September 2026 if needed. The total contract value amounts to £139,000.01.

This contract provides significant opportunities for business growth specifically in the research services sector. Small to medium-sized enterprises (SMEs) specialising in data analysis and business research would find such opportunities well-aligned with their capabilities. The absence of a competitive bidding process in this procurement method suggests that relationship-building and niche expertise in finance-related research could be advantageous for future similar opportunities. Given the nature of the contract, businesses with a foundation in handling comprehensive surveys and investment assessments could leverage this opportunity to expand their service offerings and gain a foothold within the public sector market.

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Notice Title

Finance and Investment Decisions Survey 2025

Notice Description

Business Research project, updating an earlier version of the latest position.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05da06
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070896-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£115,833 £100K-£500K

Notice Dates

Publication Date
4 Nov 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Oct 20254 months ago
Contract Period
21 Oct 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS & TRADE
Contact Name
Not specified
Contact Email
dataandsystems@businessandtrade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
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

IFF RESEARCH

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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