Section one: Contracting authority/entity
one.1) Name and addresses
Financial Conduct Authority
12 Endeavour Square
London
E20 1JN
Telephone
+44 2070661000
Country
United Kingdom
NUTS code
UK - United Kingdom
National registration number
01920623
Internet address(es)
Main address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
CON-18-022 Financial Lives Survey Programme of Research and Reporting
Reference number
CON-18-022
two.1.2) Main CPV code
- 79300000 - Market and economic research; polling and statistics
two.1.3) Type of contract
Services
two.2) Description
two.2.1) Title
CON-18-022 Financial Lives Programme of Research and Reporting
Lot No
1
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UNITED KINGDOM
two.2.4) Description of the procurement at the time of conclusion of the contract:
Financial Lives Survey Lot 1. The survey is biennial, with the work required to plan, run and report the survey lasting 2 years. This contract covers Waves 2 and 3 with an option to extend to Wave 4. The Lot 1 Supplier is required to programme and host the survey, including a full pilot, and provide the survey data cleaned and with weights appended, ready for producing data tables.
two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Start date
25 March 2019
End date
24 March 2023
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.2) Administrative information
four.2.1) Contract award notice concerning this contract
Notice number: 2019/S 111-273121
Section five. Award of contract/concession
Contract No
CON-18-022
Lot No
1
Title
Online Survey
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract/concession award decision:
25 March 2019
five.2.2) Information about tenders
The contract/concession has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor/concessionaire
The National Centre for Social Research
36 Northampton Square
London
EC1V 0AX
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
04392418
The contractor/concessionaire is an SME
No
five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)
Total value of the procurement: £1,860,011
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=656711263
GO Reference: GO-2022113-PRO-19494071
six.4) Procedures for review
six.4.1) Review body
Financial Conduct Authority
12 Endeavour Square
London
E20 1JN
Telephone
+44 2070661000
Country
United Kingdom
Internet address
Section seven: Modifications to the contract/concession
seven.1) Description of the procurement after the modifications
seven.1.1) Main CPV code
- 79300000 - Market and economic research; polling and statistics
seven.1.3) Place of performance
NUTS code
- UK - United Kingdom
Main site or place of performance
UNITED KINGDOM
seven.1.4) Description of the procurement:
The first two waves of the survey, conducted in 2016/7 and 2019/20, were undertaken using a combination of online and in-home interviewing. The aim of the in-home survey was to ensure those offline or in some way digitally excluded were represented in the survey.
The Covid pandemic has necessitated a change in survey methodology, with large-scale in-home interviewing still unlikely. The in-home survey will be replaced with a telephone survey.
seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession
Start date
25 March 2019
End date
24 March 2023
seven.1.6) Information on value of the contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession:
£2,199,684
seven.1.7) Name and address of the contractor/concessionaire
The National Centre for Social Research
36 Northampton Square
London
EC1V 0AX
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
04392418
The contractor/concessionaire is an SME
No
seven.2) Information about modifications
seven.2.1) Description of the modifications
Nature and extent of the modifications (with indication of possible earlier changes to the contract):
The first two waves of the survey, conducted in 2016/7 and 2019/20, were undertaken using a combination of online and in-home interviewing. The aim of the in-home survey was to ensure those offline or in some way digitally excluded were represented in the survey.
The Covid pandemic has necessitated a change in survey methodology, with large-scale in-home interviewing still unlikely. The in-home survey will be replaced with a telephone survey.
seven.2.2) Reasons for modification
Need for additional works, services or supplies by the original contractor/concessionaire.
Description of the economic or technical reasons and the inconvenience or duplication of cost preventing a change of contractor:
The Covid pandemic has necessitated a change in survey methodology, with large-scale in-home interviewing still unlikely. For this reason Wave 3 of the Financial Lives survey will follow a different methodology to preceding waves and the in-home survey will be replaced with a telephone survey. There are a number of benefits associated with one supplier conducting both pieces of fieldwork in terms of sampling, weighting, data merging, costs and timescales.
seven.2.3) Increase in price
Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)
Value excluding VAT: £1,860,011
Total contract value after the modifications
Value excluding VAT: £2,199,684