Award

UKRI-5190 IUK Interim Review of the Faraday Institutions Operation

UK RESEARCH & INNOVATION (UKRI)

This public procurement record has 2 releases in its history.

Award

08 Jan 2026 at 14:01

Tender

13 Nov 2025 at 15:55

Summary of the contracting process

The UK Research & Innovation (UKRI) has completed the procurement process for the tender titled "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation." This contract involves an extensive review and assessment of the Faraday Institution's operations and was initiated through an open procedure. Located in Swindon, Wiltshire, the purchasing authority, a central government body, concluded this procurement at the award stage, with key dates including an award notice issued on 8th January 2026 and a contract period from 22nd January 2026 to 31st October 2026, with potential extensions up to 31st December 2026. The procurement falls under the services category and is valued at £149,106 gross, conducted under the UK Public Procurement Act 2023/54.

This tender presents significant growth opportunities for businesses specialising in evaluation consultancy services, particularly those capable of conducting comprehensive institutional reviews. Small and medium enterprises (SMEs) had favourable prospects in this open procurement, as evidenced by the final stage bids, where one of two bids originated from SMEs. Frontier Economics Ltd, a large supplier, won the contract, setting a precedent in executing strategic assessments and operational reviews. The contract’s flexible extension options allow businesses to plan for sustained involvement, making it ideal for entities that offer scalable consultancy services for governmental projects.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

UKRI-5190 IUK Interim Review of the Faraday Institutions Operation

Notice Description

The purpose of this contract is for an in-depth review and assessment of the Faraday Institution.

Lot Information

Lot 1

Options: Additional option to extend assessment timeframe to capture further data.

Renewal: There are 2 possible extensions of 2 month periods.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05e0c4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001483-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
£125,000 £100K-£500K
Awards Value
£124,225 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jan 20261 months ago
Submission Deadline
8 Dec 2025Expired
Future Notice Date
Not specified
Award Date
8 Jan 20261 months ago
Contract Period
22 Jan 2026 - 31 Oct 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION (UKRI)
Contact Name
Not specified
Contact Email
nercprocurement@ukri.org
Contact Phone
Not specified

Buyer Location

Locality
SWINDON, WILTSHIRE
Postcode
SN2 1FL
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

FRONTIER ECONOMICS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-05e0c4-2026-01-08T14:01:03Z",
    "date": "2026-01-08T14:01:03Z",
    "ocid": "ocds-h6vhtk-05e0c4",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PDQJ-7126-JDHG",
            "name": "UK Research & Innovation (UKRI)",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PDQJ-7126-JDHG"
            },
            "address": {
                "streetAddress": "Polaris House",
                "locality": "Swindon, Wiltshire",
                "postalCode": "SN2 1FL",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKK14"
            },
            "contactPoint": {
                "email": "nercprocurement@ukri.org"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.ukri.org/",
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-PPON-PLZC-5483-XPDM",
            "name": "Frontier Economics Ltd",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PLZC-5483-XPDM"
            },
            "address": {
                "streetAddress": "Worship Square, 65 Clifton Street",
                "locality": "London",
                "postalCode": "EC2A 4JE",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI41"
            },
            "contactPoint": {
                "email": "hello@frontier-economics.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large",
                "vcse": false,
                "publicServiceMissionOrganization": false,
                "shelteredWorkshop": true
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PDQJ-7126-JDHG",
        "name": "UK Research & Innovation (UKRI)"
    },
    "tender": {
        "id": "C0562",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation",
        "description": "The purpose of this contract is for an in-depth review and assessment of the Faraday Institution.",
        "status": "complete",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79419000",
                        "description": "Evaluation consultancy services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 150000,
            "amount": 125000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "coveredBy": [
            "GPA"
        ],
        "submissionMethodDetails": "https://ukri2--prospend.vf.force.com/apex/CS_ContractPage?filters=&page=1&Preview=Yes&searchStr=&SearchType=Projects&sortStr=Alphabetical&uid=a1MTm000008kCMXMA2&sfdcIFrameOrigin=https%3A%2F%2Fukri2.lightning.force.com",
        "submissionTerms": {
            "electronicSubmissionPolicy": "allowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2025-12-08T16:00:00Z"
        },
        "enquiryPeriod": {
            "endDate": "2025-11-13T16:00:00Z"
        },
        "awardPeriod": {
            "endDate": "2025-12-22T23:59:59Z"
        },
        "lots": [
            {
                "id": "1",
                "status": "complete",
                "value": {
                    "amountGross": 150000,
                    "amount": 125000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "price",
                            "name": "Price",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Quality",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Social Value",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "suitability": {
                    "sme": true,
                    "vcse": true
                },
                "contractPeriod": {
                    "startDate": "2026-01-12T00:00:00Z",
                    "endDate": "2026-09-30T23:59:59+01:00",
                    "maxExtentDate": "2027-01-31T23:59:59Z"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "There are 2 possible extensions of 2 month periods."
                },
                "hasOptions": true,
                "options": {
                    "description": "Additional option to extend assessment timeframe to capture further data."
                }
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest"
            },
            {
                "id": "073675-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/073675-2025",
                "datePublished": "2025-11-13T15:55:43Z",
                "format": "text/html"
            }
        ]
    },
    "language": "en",
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "2",
                "measure": "finalStageBids",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "3",
                "measure": "smeFinalStageBids",
                "value": 1,
                "relatedLot": "1"
            },
            {
                "id": "4",
                "measure": "vcseFinalStageBids",
                "value": 0,
                "relatedLot": "1"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "title": "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation",
            "status": "pending",
            "date": "2026-01-08T00:00:00Z",
            "value": {
                "amountGross": 149106,
                "amount": 124225,
                "currency": "GBP"
            },
            "mainProcurementCategory": "services",
            "aboveThreshold": true,
            "suppliers": [
                {
                    "id": "GB-PPON-PLZC-5483-XPDM",
                    "name": "Frontier Economics Ltd"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "79419000",
                            "description": "Evaluation consultancy services"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "standstillPeriod": {
                "endDate": "2026-01-19T23:59:59+00:00"
            },
            "contractPeriod": {
                "startDate": "2026-01-22T00:00:00Z",
                "endDate": "2026-10-31T23:59:59Z",
                "maxExtentDate": "2026-12-31T23:59:59Z"
            },
            "hasRenewal": true,
            "renewal": {
                "description": "Additional option to extend assessment timeframe to capture further data."
            },
            "relatedLots": [
                "1"
            ],
            "documents": [
                {
                    "id": "001483-2026",
                    "documentType": "awardNotice",
                    "noticeType": "UK6",
                    "description": "Contract award notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/001483-2026",
                    "datePublished": "2026-01-08T14:01:03Z",
                    "format": "text/html"
                }
            ],
            "assessmentSummariesDateSent": "2026-01-08T00:00:00Z",
            "milestones": [
                {
                    "id": "1",
                    "type": "futureSignatureDate",
                    "dueDate": "2026-01-21T23:59:59Z",
                    "status": "scheduled"
                }
            ]
        }
    ]
}