Survey of Household Finances

Notice Information

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Notice Title

Notice Description

The Bank of England is commissioning a new Survey of Household Finances to commence in H2 2027 or H1 2028. As part of the tender process, the Bank is undertaking a soft market test to understand supplier capability and feasible delivery models for a household survey that can be linked to bank transaction data for the same respondents. The core requirements are: 1) The ability to run an online household survey of approximately 15 minutes, designed by the Bank of England. 2) The supplier would provide a nationally representative UK sample, with the survey conducted twice per calendar year. 3) The ability to link survey responses to transaction-level financial data (e.g. current account data) capturing income and expenditure flows for the same respondents, at the individual or account level, using arrangements that are fully compliant with applicable data protection legislation and ethical standards. This should include clear, informed and revocable respondent consent; appropriate governance, security and data minimisation practices; and, where relevant, use of regulated access frameworks (e.g. Open Banking). Feasible delivery approaches could include, for example: use of existing consented panels with linked data; recruitment of customers from a financial institution; and/or respondent-authorised account linkage e.g. Open Banking. Examples are illustrative only and do not indicate a preferred solution. Note This process does not constitute a formal tender or other competitive bidding process and will not result in the award of a contract. The Bank is undertaking a soft market test to inform understanding of supplier capability and feasibility of potential delivery models in relation to the required services. There are, therefore, no formal criteria associated with this engagement, and it is not our intention to provide any feedback to participating organisations. Any key information that is relevant to the procurement will be recorded and made available to all potential bidders as part of the future procurement process to ensure transparency and a level playing field. No supplier will be disadvantaged by not participating in this engagement.

Planning Information

Interested suppliers are invited to register their interest by emailing Corporate.Contracts@bankofengland.co.uk with the subject line: "Household Survey - Transaction Data Linkage - PME" by 12pm, 20 July 2026. Please briefly outline the services you can supply, with reference to the core requirements above. The Bank may offer optional one-to-one clarification calls with respondents, and may have further preliminary discussions with a number of suppliers (for example via meetings/calls/letters) to explore feasibility. Any key information that is relevant will be documented and shared with all potential bidders as part of the future procurement process to ensure transparency and equal treatment.

Notice Details

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Publication & Lifecycle

Open Contracting ID: ocds-h6vhtk-06ba77
Publication Source: Find A Tender Service
Latest Notice: https://www.find-tender.service.gov.uk/Notice/058677-2026
Current Stage: Planning
All Stages: Planning

Procurement Classification

Notice Type: UK2 - Preliminary Market Engagement Notice
Procurement Type: Standard
Procurement Category: Services
Procurement Method: Not Specified
Procurement Method Details: Not specified
Tender Suitability: Not specified
Awardee Scale: Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions: 79 - Business services: law, marketing, consulting, recruitment, printing and security
CPV Codes: 79311000 - Survey services

Notice Value(s)

Tender Value: £300,000 £100K-£500K
Lots Value: Not specified
Awards Value: Not specified
Contracts Value: Not specified

Notice Dates

Publication Date: 22 Jun 20262 days ago
Submission Deadline: Not specified
Future Notice Date: 20 Jul 20264 weeks to go
Award Date: Not specified
Contract Period: 31 Jul 2027 - 31 Jul 2030 3-4 years
Recurrence: Not specified

Notice Status

Tender Status: Planning
Lots Status: Planning
Awards Status: Not Specified
Contracts Status: Not Specified

Buyer & Supplier

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Contracting Authority (Buyer)

Main Buyer: BANK OF ENGLAND
Contact Name: Available with D3 Tenders Premium →
Contact Email: Available with D3 Tenders Premium →
Contact Phone: Available with D3 Tenders Premium →

Buyer Location

Locality: LONDON
Postcode: EC2R 8AH
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: Walbrook
Westminster Constituency: Cities of London and Westminster

Further Information

Notice Documents

https://www.find-tender.service.gov.uk/Notice/058677-2026
22nd June 2026 - Preliminary market engagement notice on Find a Tender

Notice URLs

https://www.legislation.gov.uk/ukpga/2023/54/contents

Open Contracting Data Standard (OCDS)

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JSON Markdown

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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