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Underinvestment in Firms by Growth Stage Research

Department for Business and Trade

This public procurement record has 1 release in its history.

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16 Sep 2026 at 13:29

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Business & Trade commissioned research consultancy services on underinvestment in firms by growth stage. The work is intended to examine how investment varies across stages of business growth and to provide research relevant to the department’s policy and business-support responsibilities. Delivery covers the United Kingdom. This is a services requirement rather than the supply of goods or construction work, and sits within research consultancy services (CPV 73210000). The buyer is a central government department based in London. The requirement was structured as a single package covering the research assignment, with the selected supplier responsible for delivering the service across the UK.

The procurement is complete and was awarded directly without competition as a below-threshold contract. I.F.F. Research Ltd was selected as the supplier. The contract was signed and started on 7 September 2026, with a scheduled end date of 29 January 2027 and an available maximum extension to 29 March 2027. The contract allows an eight-week, two-month extension. Its value is £64,930 excluding VAT and £77,916 including VAT. The award covers the single lot and the contract remains active. The published outcome identifies the requirement as a research consultancy service concerning underinvestment in firms by growth stage.

This award is useful market evidence for research agencies and consultancies that study business finance, investment behaviour, firm growth and economic policy. A credible competitor for a future requirement from this buyer would need to design and deliver applied research on underinvestment across different growth stages, interpret findings for a central government audience and operate across the UK. Relevant capability would include research consultancy expertise, robust evidence-gathering and analysis, and the ability to turn findings into clear policy-relevant outputs. The award also shows that the department has used a direct, below-threshold route for a focused research assignment, so suppliers should be able to present a clearly defined service capable of being commissioned as a discrete package.

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Notice Information

Notice Title

Underinvestment in Firms by Growth Stage Research

Notice Description

This contract is for the provision of research regarding the underinvestment in Firms by Growth Stage.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06fb24
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/087763-2026
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

73210000 - Research consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£64,930 Under £100K

Notice Dates

Publication Date
16 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
7 Sep 2026 - 29 Jan 2027 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Department for Business and Trade
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
SW1A 2DY
Postcode Area
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)

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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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