This public procurement record has 1 release in its history.

Award

20 Oct 2026 at 09:17

Summary of the contracting process

Fair4All Finance Limited commissioned a Financial Inclusion Barometer: an independent, repeatable assessment of how 10 leading UK retail and challenger banks address financial inclusion. The work covers research and measurement across financial capability, inclusive products, accessible banking, customer support, and banks’ commitment and accountability. Its first year is intended to test the research and analytical approaches using existing data and primary consumer research. Outputs are a series of special reports and policy papers. The service is research and development consultancy, delivered in the United Kingdom.

The procurement is complete and the award is recorded as pending. Fair4All Finance Limited selected FT Financial Literacy and Inclusion Campaign through a direct award. The gross awarded value is £348,244. The contract period runs from 2 December 2026 to 1 December 2029, with signature scheduled for 1 December 2026. The requirement was treated as a first-of-its-kind barometer, with the initial year testing the research approach. One lot covered the work. The award allows additional activities: a pulse study, policy roundtable and policy paper preparation. The recorded procurement rationale cites development of a prototype; the research is intended to generate evidence on banks’ contributions to financial inclusion.

For suppliers considering similar research for Fair4All Finance, this award signals demand for independent, repeatable measurement of financial inclusion across retail and challenger banks. A credible competitor would need to combine financial inclusion expertise with research design and analytical capability, including the ability to assess financial capability, product inclusion, accessible banking, customer support, and organisational commitment and accountability. Experience using existing datasets alongside primary consumer research would be relevant, as would the ability to test and refine a research model before applying it consistently. Suppliers should also be able to turn findings into clear special reports and policy papers. The selected provider is a large organisation, and the planned work spans a multi-year period with optional further research and policy activities.

How relevant is this notice?

Notice Information

Notice Title

Financial Inclusion Barometer

Notice Description

Development of a Financial Inclusion Barometer: an independent, repeatable assessment and measurement of how 10 leading UK retail and challenger banks address financial inclusion.

Procurement Information

The contract will deliver a first of its kind barometer examining and scoring retail and challenger banks contribution to financial inclusion. The research will examine different indicators across financial capability, inclusive products, accessible banking, customer support, and commitment and accountability. The first year will test the viability of the research and analytical approaches using existing data and primary consumer research. The output will be a series of special reports and policy papers.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078b60
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/098761-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£348,244 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Dec 2026 - 1 Dec 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FAIR4ALL FINANCE LIMITED
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
E1 7EX
Postcode Area
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Spitalfields & Banglatown
Westminster Constituency
Bethnal Green and Stepney

Supplier Information

Number of Suppliers
1
Supplier Name

FT FINANCIAL LITERACY AND INCLUSION CAMPAIGN

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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