---
title: "PS23372 - Business Growth - Alternatives to commercial lending in the SME business market"
ocid: "ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DESNZ"
published: "2024-03-15"
---

# PS23372 - Business Growth - Alternatives to commercial lending in the SME business market

Buyer: DESNZ  
Current stage: Award  
OCID: ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861)  
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## Summary

The Department for Business, Energy & Industrial Strategy (BEIS) has awarded a contract for economic research titled "PS23372 - Business Growth - Alternatives to commercial lending in the SME business market" to the National Institute of Economic and Social Research. The procurement method used was selective, with a call-off from a dynamic purchasing system. The contract period is from December 19, 2023, to January 31, 2025. The tender period ended on November 22, 2023. The main procurement category is services, and the contract value is £172,252.

This procurement opportunity by BEIS offers potential for business growth to companies involved in financial consultancy services, market and economic research, economic research services, and economic impact assessment. Small and medium enterprises are well-suited to compete due to the stated suitability for SMEs. The contract location includes various regions, such as the United Kingdom, Europe, and the British Oversea Territories, providing a broad scope for business engagement.

## Notice

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the RM6126 DPS Research & Insights Framework Brief Description of Requirement Economic research to consider how alternatives to existing transaction based lending decisions can address market gaps and how an analytical framework can be established to assess additional impacts

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Mar 2024 |
| Submission deadline | 22 Nov 2023 |
| Future notice date | Not specified |
| Award date | 17 Jan 2024 |
| Contract period | 19 Dec 2023 - 31 Jan 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £187,252 |
| 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 | DESNZ |
| Additional buyers | BEIS |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66171000 - Financial consultancy services
- 79300000 - Market and economic research; polling and statistics
- 79311400 - Economic research services
- 79311410 - Economic impact assessment

## Release History

- 15 Mar 2024 at 12:00 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d
- 18 Jan 2024 at 14:29 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/274dee58-98d5-4271-bb16-d5cabffb367d
  15th March 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e2fcc2e6-c1bb-4033-921b-91b5475c71c9
  n/a

## Notice URLs

- http://www.uksbs.co.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-946e3323-9dbe-438f-a885-40a254a67861.json.