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Contract Notice

Financial Lives Survey, Waves 5 to 7

  • First published: 19 July 2024
  • Last modified: 19 July 2024
  • Version: N/A
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Contents

Summary

OCID:
ocds-h6vhtk-0455e4
Published by:
FCA
Authority ID:
AA85566
Publication date:
19 July 2024
Deadline date:
27 August 2024
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Financial Conduct Authority (FCA) is seeking to appoint suppliers to deliver specific services for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), with the contracts to take effect from March 2025. We expect these three waves to run from March 2025 to later in 2031. <br/><br/>Suppliers can bid for one or more of the following specialisms: <br/><br/>Specialism A: Delivery of fieldwork and weighted data <br/>Specialism B: Recontact surveys <br/>Specialism C: Data tables <br/>Specialism D: Reporting <br/>Specialism E: Cognitive testing and qualitative research

Full notice text

Contract notice

Section I: Contracting authority

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.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://atamis-fca.my.salesforce.com/


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://atamis-fca.my.salesforce.com/


Tenders or requests to participate must be sent to the abovementioned address


Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at:

https://atamis-fca.my.salesforce.com/


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

The Financial Conduct Authority (FCA) is seeking to appoint suppliers to deliver specific services for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), with the contracts to take effect from March 2025. We expect these three waves to run from March 2025 to later in 2031. <br/><br/>Suppliers can bid for one or more of the following specialisms: <br/><br/>Specialism A: Delivery of fieldwork and weighted data <br/>Specialism B: Recontact surveys <br/>Specialism C: Data tables <br/>Specialism D: Reporting <br/>Specialism E: Cognitive testing and qualitative research

II.1.5) Estimated total value

Value excluding VAT: 5 550 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

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


Main site or place of performance:

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

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 3 750 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 77

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

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


Main site or place of performance:

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

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 650 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 77

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

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


Main site or place of performance:

UK

II.2.4) Description of the procurement

Production of data tables for the main surveys, including: <br/><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

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 650 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 77

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

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


Main site or place of performance:

UK

II.2.4) Description of the procurement

• 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) <br/><br/>The exact scope of work varies between waves.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 200 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 77

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

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


Main site or place of performance:

UK

II.2.4) Description of the procurement

• Cognitively testing new questions for each wave of the main survey <br/>• Follow-up qualitative research with respondents from the main survey <br/><br/>The exact scope of work varies between waves.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 300 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 77

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

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 III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.1.3) Technical and professional ability

List and brief description of selection criteria:

For each specialism, the following weightings shall apply:<br/>Technical and professional ability: 65%<br/>Social Value: 5%<br/>Commercials: 30%<br/><br/>Further details can be found within the ITT.


III.2) Conditions related to the contract

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 000-013792

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 27/08/2024

Local time: 12:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 6 (from the date stated for receipt of tender)

IV.2.7) Conditions for opening of tenders

Date: 27/08/2024

Local time: 12:00

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: Yes

VI.2) Information about electronic workflows

Electronic invoicing will be accepted

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.4.4) Service from which information about the review procedure may be obtained

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

18/07/2024

Coding

Commodity categories

ID Title Parent category
79310000 Market research services Market and economic research; polling and statistics

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:
fcaprocurement@fca.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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