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
Region 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 Lot 3
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 Lot 3
Lot No
3
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 3. 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 3 Supplier is responsible for fieldwork set-up assistance, data handling, data tables, data output and other associated work helping the FCA deliver each successful wave of the Financial Lives programme.
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
3
Title
Financial Lives Programme
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
Critical Research
41-43 Alma Street, Luton
Bedfordshire
LU1 2PL
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
06566825
The contractor/concessionaire is an SME
Yes
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: £550,824
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=717950717
GO Reference: GO-2022922-PRO-21001707
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
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:
As part of the Financial Lives Programme the FCA would like to run a recontact survey which will involve going back to Wave 3 respondents in order to obtain key metrics a year on.
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:
£673,393
seven.1.7) Name and address of the contractor/concessionaire
Critical Research
41-43 Alma Street, Luton
Bedfordshire
LU1 2PL
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
06566825
The contractor/concessionaire is an SME
Yes
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):
As part of the Financial Lives Programme the FCA would like to run a recontact survey which will involve going back to Wave 3 respondents in order to obtain key metrics a year on.
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 Lot 3 Supplier has technical knowledge and expertise specifically related to the Financial Lives programme, for example, in terms of the survey programming, data processing, weighting, and tracking, such that they have the ability to conduct the recontact survey. For these reasons, the supplier is likely to need less input from the FCA and already has the technical "know-how" and processes in place to deliver the work more cost effectively than another supplier.
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: £550,824
Total contract value after the modifications
Value excluding VAT: £673,393