Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Contract Award Notice

Children and Young People Financial Education Pathfinders

  • First published: 25 February 2020
  • Last modified: 25 February 2020
  • Version: N/A
  •  

  • This file may not be fully accessible.

  •  

Information icon

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Money and Pensions Service
Authority ID:
AA78892
Publication date:
25 February 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

This Pathfinder will aim to establish a scalable and sustainable model for delivering financial education to young people aged 16-17 years, providing learning for wider delivery across England and the rest of the UK.

A supplier/partnership of suppliers is sought to:

— deliver a financial education intervention or interventions to a minimum of 10 000 young people aged 16-17 growing up in England to prepare them for independence, and

— evaluate the Pathfinder, assessing the impact on beneficiaries (and, where relevant, those working with them), exploring the effectiveness of the different delivery channels used and drawing conclusions on a model for scaling up the approach across the UK in future years.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Money and Pensions Service

120 Holborn

London

EC1N 2TD

UK

E-mail: david.hughes@moneyadviceservice.org.uk

NUTS: UKI

Internet address(es)

Main address: https://moneyandpensionsservice.org.uk/

I.4) Type of the contracting authority

Other: Executive non-departmental public body, sponsored by government department

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Children and Young People Financial Education Pathfinders

Reference number: 19-47C

II.1.2) Main CPV code

80000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Money and Pensions Service is implementing ‘pathfinder’ research projects, intended to establish and test scalable, sustainable models of financial education embedded in mainstream education. As such, providers are required to deliver these projects in the following areas:

— Financial Education for 16-17 Year Olds in England,

— Support for Parents to Teach Children about Money in Scotland and Northern Ireland,

— Financial Education Teacher Training in Wales.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 1 118 225.00  GBP

II.2) Description

Lot No: 2A

II.2.1) Title

Working with Parents or Carers to Teach their Children about Money (Scotland)

II.2.2) Additional CPV code(s)

80310000

II.2.3) Place of performance

NUTS code:

UKM


Main site or place of performance:

SCOTLAND.

II.2.4) Description of the procurement

A supplier/partnership of suppliers is required to deliver Talk Learn Do (TLD), an evidence based financial capability intervention that supports parents to talk to and teach their children about money with the ultimate aim of improving their children’s ability to manage money.

The intervention will be delivered in Scotland to a minimum of 250 practitioners/professionals who support parents; target a minimum of 500 parents; evaluate the intervention to test the impact on beneficiaries and test feasibility and ways to scale up delivering of TLD and in so doing, develop and test a model that could be scalable across the rest of the UK in future years.

II.2.5) Award criteria

Quality criterion: Understanding of requirements / Weighting: 10

Quality criterion: Project team — delivery / Weighting: 20

Quality criterion: Project team — evaluation / Weighting: 20

Quality criterion: Approach — delivery / Weighting: 25

Quality criterion: Approach — evaluation / Weighting: 20

Quality criterion: Project management / Weighting: 5

Price / Weighting:  30

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 2B

II.2.1) Title

Working with Parents or Carers to Teach their Children about Money (Northern Ireland)

II.2.2) Additional CPV code(s)

80310000

II.2.3) Place of performance

NUTS code:

UKN


Main site or place of performance:

NORTHERN IRELAND.

II.2.4) Description of the procurement

A supplier/partnership of suppliers is required to deliver Talk Learn Do (TLD), an evidence based financial capability intervention that supports parents to talk to and teach their children about money with the ultimate aim of improving their children’s ability to manage money.

The intervention will be delivered in Northern Ireland to a minimum of 250 practitioners/professionals who support parents; target a minimum of 500 parents; evaluate the intervention to test the impact on beneficiaries and test feasibility and ways to scale up delivering of TLD and in so doing, develop and test a model that could be scalable across the rest of the UK in future years.

II.2.5) Award criteria

Quality criterion: Understanding of requirements / Weighting: 10

Quality criterion: Project team — delivery / Weighting: 20

Quality criterion: Project team — evaluation / Weighting: 20

Quality criterion: Approach — delivery / Weighting: 25

Quality criterion: Approach — evaluation / Weighting: 20

Quality criterion: Project management / Weighting: 5

Price / Weighting:  30

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 1

II.2.1) Title

Financial Education for 16-17 Year Olds in England

II.2.2) Additional CPV code(s)

80310000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

ENGLAND.

II.2.4) Description of the procurement

This Pathfinder will aim to establish a scalable and sustainable model for delivering financial education to young people aged 16-17 years, providing learning for wider delivery across England and the rest of the UK.

A supplier/partnership of suppliers is sought to:

— deliver a financial education intervention or interventions to a minimum of 10 000 young people aged 16-17 growing up in England to prepare them for independence, and

— evaluate the Pathfinder, assessing the impact on beneficiaries (and, where relevant, those working with them), exploring the effectiveness of the different delivery channels used and drawing conclusions on a model for scaling up the approach across the UK in future years.

II.2.5) Award criteria

Quality criterion: Understanding of requirements / Weighting: 10

Quality criterion: Project team — delivery / Weighting: 20

Quality criterion: Project team — evaluation / Weighting: 15

Quality criterion: Approach — delivery / Weighting: 30

Quality criterion: Approach — evaluation / Weighting: 20

Quality criterion: Project management / Weighting: 5

Price / Weighting:  30

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Lot No: 3

II.2.1) Title

Financial Education Teacher Training in Wales

II.2.2) Additional CPV code(s)

80000000

II.2.3) Place of performance

NUTS code:

UKL


Main site or place of performance:

Wales.

II.2.4) Description of the procurement

This Pathfinder will aim to establish a scalable and sustainable model for delivering financial education in Wales, providing learning for wider delivery across Wales and the rest of the UK.

A supplier/partnership of suppliers is sought to:

— project manage the financial education professional learning for teachers in Wales Pathfinder,

— develop and support the delivery of, financial education professional learning for teachers, including face-to-face and eLearning, working in partnership with regional education consortia and schools, and

— evaluate the Pathfinder, including assessing the impact of the professional learning on teacher knowledge, skills and confidence and on learners’ financial capability, exploring the effectiveness of different delivery approaches and drawing conclusions on a model for scaling up the approach across Wales and the UK in future years.

The supplier/partnership will work with the 4 Regional Education Consortia in Wales to deliver this Pathfinder.

II.2.5) Award criteria

Quality criterion: Understanding of requirements / Weighting: 10

Quality criterion: Project team – delivery / Weighting: 15

Quality criterion: Project team — evaluation / Weighting: 15

Quality criterion: Approach — delivery / Weighting: 30

Quality criterion: Approach — evaluation / Weighting: 20

Quality criterion: Project management / Weighting: 10

Price / Weighting:  30

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 181-441004

Section V: Award of contract

Lot No: 2A

Contract No: 19-47C

Title: Working with Parents or Carers to Teach Their Children about Money (Scotland)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

17/02/2020

V.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Campaign for Learning

London

UK

NUTS: UKI

The contractor is an SME: Yes

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 278 322.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2B

Contract No: 19-47C

Title: Working with Parents or Carers to Teach their Children about Money (Northern Ireland))

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

31/01/2020

V.2.2) Information about tenders

Number of tenders received: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Reed in Partnership Ltd

London

UK

NUTS: UKI

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 263 481.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 1

Contract No: 19-47C

Title: Financial Education for 16-17 Year Olds in England

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

03/02/2020

V.2.2) Information about tenders

Number of tenders received: 9

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

MyBNK

London

UK

NUTS: UKI

The contractor is an SME: Yes

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 576 422.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Contract No: 19-47C

Title: Financial Education Teacher Training in Wales

A contract/lot is awarded: No

V.1 Information on non-award

The contract/lot is not awarded

No tenders or requests to participate were received or all were rejected

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Department of Work and Pensions

London

UK

VI.5) Date of dispatch of this notice

21/02/2020

Coding

Commodity categories

ID Title Parent category
80000000 Education and training services Education
80310000 Youth education services Higher education services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
david.hughes@moneyadviceservice.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.