Scope
Reference
C0562
Description
The purpose of this contract is for an in-depth review and assessment of the Faraday Institution.
Contract 1. UKRI-5190 IUK Interim Review of the Faraday Institutions Operation
Supplier
Contract value
- £124,225 excluding VAT
- £149,106 including VAT
Above the relevant threshold
Award decision date
8 January 2026
Date assessment summaries were sent to tenderers
8 January 2026
Standstill period
- End: 19 January 2026
- 8 working days
Earliest date the contract will be signed
21 January 2026
Contract dates (estimated)
- 22 January 2026 to 31 October 2026
- Possible extension to 31 December 2026
- 11 months, 10 days
Description of possible extension:
Additional option to extend assessment timeframe to capture further data.
Main procurement category
Services
CPV classifications
- 79419000 - Evaluation consultancy services
Information about tenders
- 2 tenders received
- 2 tenders assessed in the final stage:
- 1 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 1 supplier unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Open procedure
Supplier
Frontier Economics Ltd
- Public Procurement Organisation Number: PLZC-5483-XPDM
Worship Square, 65 Clifton Street
London
EC2A 4JE
United Kingdom
Email: hello@frontier-economics.com
Region: UKI41 - Hackney and Newham
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: Yes
Public service mutual: No
Contract 1. UKRI-5190 IUK Interim Review of the Faraday Institutions Operation
Contracting authority
UK Research & Innovation (UKRI)
- Public Procurement Organisation Number: PDQJ-7126-JDHG
Polaris House
Swindon, Wiltshire
SN2 1FL
United Kingdom
Email: nercprocurement@ukri.org
Website: https://www.ukri.org/
Region: UKK14 - Swindon
Organisation type: Public authority - central government