Section one: Contracting authority
one.1) Name and addresses
FCA
12 Endeavour Square
London
E20 1JN
Contact
FCA Procurement
Telephone
+44 8001116768
Country
United Kingdom
Region code
UK - United Kingdom
National registration number
01920623
Internet address(es)
Main address
Buyer's address
one.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 above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://atamis-fca.my.salesforce.com/
Tenders or requests to participate must be submitted to the above-mentioned 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/
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 Lives Survey, Waves 5 to 7
Reference number
C2500
two.1.2) Main CPV code
- 79310000 - Market research services
two.1.3) Type of contract
Services
two.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.
Suppliers can bid for one or more of the following specialisms:
Specialism A: Delivery of fieldwork and weighted data
Specialism B: Recontact surveys
Specialism C: Data tables
Specialism D: Reporting
Specialism E: Cognitive testing and qualitative research
two.1.5) Estimated total value
Value excluding VAT: £5,550,000
two.1.6) Information about lots
This contract is divided into lots: Yes
Tenders may be submitted for all lots
two.2) Description
two.2.1) Title
Specialism A: Delivery of fieldwork and weighted data
Lot No
1
two.2.2) Additional CPV code(s)
- 79310000 - Market research services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UK
two.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:
• Random probability-based survey design, sampling, questionnaire structure and simulations, weighting and technical report
• Questionnaire review, survey script programming and testing
• Data collection (online and by telephone), recruitment, incentive distribution, fieldwork monitoring and safeguarding
• Data cleaning, validation and harmonisation
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £3,750,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
77
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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
two.2) Description
two.2.1) Title
Specialism B: Recontact surveys
Lot No
2
two.2.2) Additional CPV code(s)
- 79310000 - Market research services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UK
two.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:
• Recruitment and incentivisation
• Script programming and testing
• Data processing and weighting
• Data and data tables
• Methodological note
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £650,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
77
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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
two.2) Description
two.2.1) Title
Specialism C: Data tables
Lot No
3
two.2.2) Additional CPV code(s)
- 79310000 - Market research services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UK
two.2.4) Description of the procurement
Production of data tables for the main surveys, including:
• Profiling data tables, circa 20 volumes per wave
• Tracker data tables, to identify statistically significant differences between waves
• Gross data tables, which present results in terms of millions of UK adults
• Amending the profiling and tracker tables for publication
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £650,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
77
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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
two.2) Description
two.2.1) Title
Specialism D: Reporting
Lot No
4
two.2.2) Additional CPV code(s)
- 79310000 - Market research services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UK
two.2.4) Description of the procurement
• Authoring/ co-authoring reports for publication
• Producing/ supporting the production of slide decks for publication
• Support analysis and reporting for different teams at the FCA (not necessarily for publication)
The exact scope of work varies between waves.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £200,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
77
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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
two.2) Description
two.2.1) Title
Specialism E: Cognitive testing and qualitative research
Lot No
5
two.2.2) Additional CPV code(s)
- 79310000 - Market research services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UK
two.2.4) Description of the procurement
• Cognitively testing new questions for each wave of the main survey
• Follow-up qualitative research with respondents from the main survey
The exact scope of work varies between waves.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £300,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
77
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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 three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
List and brief description of selection criteria
For each specialism, the following weightings shall apply:
Technical and professional ability: 65%
Social Value: 5%
Commercials: 30%
Further details can be found within the ITT.
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: 2024/S 000-013792
four.2.2) Time limit for receipt of tenders or requests to participate
Date
27 August 2024
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.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)
four.2.7) Conditions for opening of tenders
Date
27 August 2024
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
six.2) Information about electronic workflows
Electronic invoicing will be accepted
six.4) Procedures for review
six.4.1) Review body
FCA
12 Endeavour Square
London
E20 1JN
Country
United Kingdom
Internet address
six.4.2) Body responsible for mediation procedures
FCA
12 Endeavour Square
London
E20 1JN
Country
United Kingdom
Internet address
six.4.4) Service from which information about the review procedure may be obtained
FCA
12 Endeavour Square
London
E20 1JN
Country
United Kingdom