Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
FCA
01920623
12 Endeavour Square
London
E20 1JN
UK
Contact person: FCA Procurement
Telephone: +44 8001116768
E-mail: fcaprocurement@fca.org.uk
NUTS: UK
Internet address(es)
Main address: www.fca.org.uk
Address of the buyer profile: www.fca.org.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Financial Lives Survey, Waves 5 to 7
Reference number: C2500
II.1.2) Main CPV code
79310000
II.1.3) Type of contract
Services
II.1.4) Short description
This award notice is related to the appointment of suppliers for the delivery of specific<br/>services for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), with<br/>the contracts to take effect from March 2025. These three waves are expected to run from March 2025 to later in 2031.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
6 020 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Specialism A: Delivery of fieldwork and weighted data
II.2.2) Additional CPV code(s)
79310000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
This specialism is for the delivery of the main surveys (three in total, one per wave). Services will include:<br/><br/>• Random probability-based survey design, sampling, questionnaire structure and simulations, weighting and technical report<br/>• Questionnaire review, survey script programming and testing<br/>• Data collection (online and by telephone), recruitment, incentive distribution, fieldwork monitoring and safeguarding<br/>• Data cleaning, validation and harmonisation
II.2.5) Award criteria
Quality criterion: Environmental sustainability
/ Weighting: 5
Quality criterion: Technical and professional ability
/ Weighting: 65
Cost criterion: Commercials
/ 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: 2
II.2.1) Title
Specialism B: Recontact surveys
II.2.2) Additional CPV code(s)
79310000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Biennial recontact surveys in May (one per wave, three in total) and short recontact surveys (two per wave, six in total), including:<br/><br/>• Recruitment and incentivisation<br/>• Script programming and testing<br/>• Data processing and weighting<br/>• Data and data tables<br/>• Methodological note
II.2.5) Award criteria
Quality criterion: Environmental sustainability
/ Weighting: 5
Quality criterion: Technical and professional ability
/ Weighting: 65
Cost criterion: Commercials
/ 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
Specialism C: Data tables
II.2.2) Additional CPV code(s)
79310000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Production of data tables for the main surveys, including:<br/>• Profiling data tables, circa 20 volumes per wave<br/>• Tracker data tables, to identify statistically significant differences between waves<br/>• Gross data tables, which present results in terms of millions of UK adults<br/>• Amending the profiling and tracker tables for publication
II.2.5) Award criteria
Quality criterion: Environmental sustainability
/ Weighting: 5
Quality criterion: Technical and professional ability
/ Weighting: 65
Cost criterion: Commercials
/ 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: 4
II.2.1) Title
Specialism D: Reporting
II.2.2) Additional CPV code(s)
79310000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Services will include but not be limited to the following:<br/>• Authoring/ co-authoring reports for publication<br/>• Producing/ supporting the production of slide decks for publication<br/>• Support analysis and reporting for different teams at the FCA (not necessarily for publication)
II.2.5) Award criteria
Quality criterion: Technical and professional ability
/ Weighting: 65
Quality criterion: Environmental sustainability
/ Weighting: 5
Cost criterion: Commercials
/ 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: 5
II.2.1) Title
Specialism E: Cognitive testing and qualitative research
II.2.2) Additional CPV code(s)
79310000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Services will include but not be limited to the following:<br/>• Cognitively testing new questions for each wave of the main survey<br/>• Follow-up qualitative research with respondents from the main survey
II.2.5) Award criteria
Quality criterion: Technical and professional ability
/ Weighting: 65
Quality criterion: Environmental sustainability
/ Weighting: 5
Cost criterion: Commercials
/ 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:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-024978
Section V: Award of contract
Lot No: 1
Title: Specialism A: Delivery of fieldwork and weighted data
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
NATIONAL CENTRE FOR SOCIAL RESEARCH T/A NATCEN SOCIAL RESEARCH
04392418
35 NORTHAMPTON SQUARE LONDON, United Kingdom, EC1V 0AX, United Kingdom
London
EC1V 0AX
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 3 760 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Title: Specialism B: Recontact surveys
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 1
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CRITICAL RESEARCH LTD
06566825
UNIT 7 BADEN PLACE CROSBY ROW LONDON, United Kingdom, SE1 1YW, United Kingdom
London
SE1 1YW
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 900 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 3
Title: Specialism C: Data tables
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CRITICAL RESEARCH LTD
06566825
UNIT 7 BADEN PLACE CROSBY ROW LONDON, United Kingdom, SE1 1YW, United Kingdom
London
SE1 1YW
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 630 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 4
Title: Specialism D: Reporting
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
IGNITION HOUSE LTD
06901578
Holyleas House, Buckland Newton, Dorset, Dorchester, DT2 7DP, United Kingdom
Dorset
DT2 7DP
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 280 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 5
Title: Specialism E: Cognitive testing and qualitative research
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 3
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 3
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CRITICAL RESEARCH LTD
06566825
UNIT 7 BADEN PLACE CROSBY ROW LONDON, United Kingdom, SE1 1YW, United Kingdom
London
SE1 1YW
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 450 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
FCA
12 Endeavour Square
London
E20 1JN
UK
E-mail: fcaprocurement@fca.org.uk
Internet address(es)
URL: www.fca.org.uk
VI.4.2) Body responsible for mediation procedures
FCA
12 Endeavour Square
London
E20 1JN
UK
E-mail: fcaprocurement@fca.org.uk
Internet address(es)
URL: www.fca.org.uk
VI.5) Date of dispatch of this notice
23/01/2025