Award

UKRI-5190 IUK Interim Review of the Faraday Institutions Operation

UK RESEARCH & INNOVATION (UKRI)

This public procurement record has 3 releases in its history.

Award

09 Apr 2026 at 10:42

Award

08 Jan 2026 at 14:01

Tender

13 Nov 2025 at 15:55

Summary of the contracting process

The procurement process for the "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation" involves UK Research & Innovation (UKRI) as the buying organisation. Located in Swindon, Wiltshire, UKRI operates under the central government category. This process, classified under the services industry, specifically relates to evaluation consultancy services, and was conducted via an open procedure. The tender has been awarded, with the contract period beginning on 13th March 2026 and set to conclude by 31st October 2026, with the possibility of two additional two-month extensions. The contract value amounts to £149,106, and the procurement stage is recorded as complete.

This tender offers significant growth opportunities for businesses specialising in evaluation consultancy services. With an open procurement method, the tender was accessible to a wide range of suppliers, thus promoting competitive participation. Companies like Frontier Economics Ltd, a large organisation, succeeded in securing this contract, demonstrating that businesses that can deliver high-quality assessment services effectively are well-suited to compete. SMEs (Small and Medium Enterprises) are also encouraged, as they accounted for one of the bids in the final stage, highlighting the opportunities available for smaller businesses in such government contracts.

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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/032279-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details 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
£124,255 £100K-£500K

Notice Dates

Publication Date
9 Apr 20262 weeks ago
Submission Deadline
8 Dec 2025Expired
Future Notice Date
Not specified
Award Date
8 Jan 20263 months ago
Contract Period
13 Mar 2026 - 31 Oct 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active, Pending
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION (UKRI)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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)

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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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