Section one: Contracting authority
one.1) Name and addresses
Money and Pensions Service
120 Holborn
London
EC1N 2TD
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
https://www.moneyhelper.org.uk/en
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Financial Wellbeing Barometer
Reference number
22-01C
two.1.2) Main CPV code
- 73110000 - Research services
two.1.3) Type of contract
Services
two.1.4) Short description
The Money and Pensions Service (MaPS) wishes to appoint an agency to help MaPS build the most comprehensive review of the Financial Wellbeing Barpmeter and to undertake a feasibility study with a deliverable roadmap to creating a digital portal capable of hosting the Barometer.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £166,125
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The Financial Wellbeing Barometer will provide a dynamic method of monitoring the status of financial wellbeing – as defined by the five ‘Agendas for Change’ in the National Strategy (financial foundations, nation of savers, credit counts, better debt advice and future focus). Therefore The Money and Pensions Service (MaPS) wishes to appoint an agency to help MaPS build the most comprehensive review of this initiative and to undertake a feasibility study with a deliverable roadmap to creating a digital portal capable of hosting the Barometer. MaPS wishes to understand how we would establish this initiative in the marketplace and to comprehend how the data sources would be acquired and implemented according to MaPS's requirements and those of our financial wellbeing partners.
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 70
Price - Weighting: 30
two.2.11) Information about options
Options: No
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.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2022/S 000-005017
Section five. Award of contract
Contract No
22-01C
Title
Financial Wellbeing Barometer
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
25 May 2022
five.2.2) Information about tenders
Number of tenders received: 6
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Ernst & Young LLP
1 More London Place, London, SE1 2AF
London
Country
United Kingdom
NUTS code
- UKI - London
National registration number
OC300001
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £166,125
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Department of Work and Pensions London
London
Country
United Kingdom