---
title: "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation"
ocid: "ocds-h6vhtk-05e0c4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e0c4"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e0c4.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e0c4.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UK RESEARCH & INNOVATION (UKRI)"
published: "2026-04-09"
---

# UKRI-5190 IUK Interim Review of the Faraday Institutions Operation

Buyer: UK RESEARCH & INNOVATION (UKRI)  
Current stage: Award  
OCID: ocds-h6vhtk-05e0c4

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e0c4)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05e0c4.json)

## Summary

The procurement process for the "UKRI-5190 IUK Interim Review of the Faraday Institutions Operation" involves UK Research & Innovation (UKRI) as the buying organisation. Located in Swindon, Wiltshire, UKRI operates under the central government category. This process, classified under the services industry, specifically relates to evaluation consultancy services, and was conducted via an open procedure. The tender has been awarded, with the contract period beginning on 13th March 2026 and set to conclude by 31st October 2026, with the possibility of two additional two-month extensions. The contract value amounts to £149,106, and the procurement stage is recorded as complete.

This tender offers significant growth opportunities for businesses specialising in evaluation consultancy services. With an open procurement method, the tender was accessible to a wide range of suppliers, thus promoting competitive participation. Companies like Frontier Economics Ltd, a large organisation, succeeded in securing this contract, demonstrating that businesses that can deliver high-quality assessment services effectively are well-suited to compete. SMEs (Small and Medium Enterprises) are also encouraged, as they accounted for one of the bids in the final stage, highlighting the opportunities available for smaller businesses in such government contracts.

## Notice

The purpose of this contract is for an in-depth review and assessment of the Faraday Institution.

### Lot Information

Lot 1

Options: Additional option to extend assessment timeframe to capture further data.

Renewal: There are 2 possible extensions of 2 month periods.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/032279-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Apr 2026 |
| Submission deadline | 8 Dec 2025 |
| Future notice date | Not specified |
| Award date | 8 Jan 2026 |
| Contract period | 13 Mar 2026 - 31 Oct 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £125,000 |
| Lots value | £125,000 |
| Awards value | £124,225 |
| Contracts value | £124,255 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active, Pending |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UK RESEARCH & INNOVATION (UKRI) |
| Locality | SWINDON, WILTSHIRE |
| Post town | Swindon |
| Postcode | SN2 1FL |
| 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 | FRONTIER ECONOMICS |

## CPV Codes

### Divisions

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

### Codes

- 79419000 - Evaluation consultancy services

## Release History

- 9 Apr 2026 at 10:42 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/032279-2026
- 8 Jan 2026 at 14:01 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/001483-2026
- 13 Nov 2025 at 15:55 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/073675-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/032279-2026
  9th April 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/001483-2026
  8th January 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/073675-2025
  13th November 2025 - Tender notice on Find a Tender

## Notice URLs

- https://ukri2--prospend.vf.force.com/apex/CS_ContractPage?filters=&page=1&Preview=Yes&searchStr=&SearchType=Projects&sortStr=Alphabetical&uid=a1MTm000008kCMXMA2&sfdcIFrameOrigin=https%3A%2F%2Fukri2.lightning.force.com
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.ukri.org/

## 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-h6vhtk-05e0c4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05e0c4.json.