---
title: "Children and Young People Financial Education Innovation and Evaluation Programme Grants"
ocid: "ocds-b5fd17-569d2e74-d6ab-4bc3-b5d3-879929df4b52"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-569d2e74-d6ab-4bc3-b5d3-879929df4b52"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-569d2e74-d6ab-4bc3-b5d3-879929df4b52.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-569d2e74-d6ab-4bc3-b5d3-879929df4b52.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MONEY AND PENSIONS SERVICE"
published: "2020-12-29"
---

# Children and Young People Financial Education Innovation and Evaluation Programme Grants

Buyer: MONEY AND PENSIONS SERVICE  
Current stage: Award  
OCID: ocds-b5fd17-569d2e74-d6ab-4bc3-b5d3-879929df4b52

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## Summary

The Money and Pensions Service is conducting the Children and Young People Financial Education Innovation and Evaluation Programme Grants, aimed at enhancing financial education for specific youth demographics. This open procurement process targets the research services industry, with a tender period that concluded on 14 September 2020. The total value of the contracts awarded is £550,000, with an active contract period spanning from 1 December 2020 to 30 September 2021. Key priority areas include developing solutions for children under seven, aiding young people in vulnerable circumstances, and exploring digital delivery methods.

This tender presents significant growth opportunities for businesses involved in educational programmes, particularly those offering innovative solutions in financial literacy. Small and medium-sized enterprises (SMEs) and voluntary community sector enterprises (VCSEs) are particularly encouraged to participate, as the scope includes a range of services geared towards enhancing financial capability within critical age groups. Companies focusing on educational technology, social support services, and specialised content delivery would be well-suited to compete effectively for these grants.

## Notice

The Children and Young People (CYP) Financial Education Innovation and Evaluation Programme aims to conduct pilots to develop and test new solutions, and/or evaluate existing but untested interventions, to address unmet need and gaps in financial education provision where there is not yet conclusive evidence on the most effective solutions. The pilots will focus on the following priority groups/activities: LOT 1: CYP under the age of seven years - key ages for financial capability development but for which there is little existing provision and few proven or promising solutions (other than Talk, Learn, Do); LOT 2: CYP in vulnerable circumstances - characteristics that we know have the strongest links to poor financial capability in CYP but for which there is no existing support or tested solutions; and LOT 3: Digital delivery - a delivery method that we know is becoming increasingly important and needed in financial education but for which there is no clear or consistent evidence of impacts on pupils' outcomes or teachers' practices. Providers are sought to develop and deliver existing but untested financial education interventions to fill gaps in knowledge and practice in one or more lots. The Money and Pensions Service (MaPS) has awarded 8 grants in total (3 for Lots 1 and 2, and 2 for Lot 3)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6bf1637b-3dec-4b01-9c29-f4462d15a5ed |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Dec 2020 |
| Submission deadline | 13 Sep 2020 |
| Future notice date | Not specified |
| Award date | 1 Dec 2020 |
| Contract period | 1 Dec 2020 - 30 Sep 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £550,000 |
| Lots value | Not specified |
| Awards value | £550,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MONEY AND PENSIONS SERVICE |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC1N 2TD |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI36 Camden |
| Local authority | Camden |
| Electoral ward | Holborn & Covent Garden |
| Westminster constituency | Holborn and St Pancras |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 8 |
| Supplier names | JUST FINANCE FOUNDATION; MYPOCKETSKILL; NCFE; PORCHLIGHT; THE MONEY CHARITY; WHIZZ-KIDZ; YOUNG ENTERPRISE NORTHERN IRELAND; YOUNG ENTERPRISE SCOTLAND |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73110000 - Research services

## Release History

- 29 Dec 2020 at 08:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6bf1637b-3dec-4b01-9c29-f4462d15a5ed
- 6 Aug 2020 at 11:29 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b418d07b-7026-4b31-9a1f-a8d8dc5c6fd4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6bf1637b-3dec-4b01-9c29-f4462d15a5ed
  29th December 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/b418d07b-7026-4b31-9a1f-a8d8dc5c6fd4
  6th August 2020 - Opportunity notice on Contracts Finder
- https://maps.app.jaggaer.com/
  MaPS eProcurement Portal

## Provenance

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