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Published 25 Feb 2026, 12:14 GMT

Official UK procurement notice

C0039 Funding Formula Review

Official notice

Authority: Big Lottery Fund, operating as The National Lottery Community Fund

Below threshold - limited competition
Sectors: Research & Development (R&D) (73) Delivery: UK
Awarded value£82,915published contract · exc. VAT
Awarded 9 Oct 2025
Awarded to LONDON ECONOMICS2 awards

What is being bought

Published requirement description

The overall objective is to update the budget funding formula to make it more intentional in our aspiration to reduce inequalities, considering weighting towards underrespresented groups. The new formula must incorporate equity-led measures to better reflect the needs of communities.

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: UK
73110000 Research services

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - limited competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
25 Feb 2026, 12:14 GMT
Last source update
17 Jun 2026, 15:48 BST
Authority reference
C0039
FTS notice number
2026/S 000-057264
Latest notice
Contract details notice (UK7)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-065bed Find a Tender

Notice history

3 events · 2 releases on Find a Tender · since 25 Feb 2026
  1. Contract details notice published
    25 Feb 2026, 12:14 GMT
    UK7
  2. Contract details notice published
    17 Jun 2026, 15:48 BST
    UK7
  3. Procurement method changed
    17 Jun 2026, 15:48 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £82,9151 contract exc. VAT · 1 repeated publication of the same award counted once
Contracts signed 2latest 9 Oct 2025
Awarded toValueDateStatus
LONDON ECONOMICSSME£82,915 †same award published again · counted once—Awarded
LONDON ECONOMICSSME£82,915 †—Awarded

Contracts

  • C0039 Funding Formula Review · LONDON ECONOMICSSME

    Signed
    9 Oct 2025
    Value
    £82,915
    Period
    9 Oct 2025 – 31 Mar 2026
    Status
    active

  • C0039 Funding Formula Review · LONDON ECONOMICSSME

    Signed
    9 Oct 2025
    Value
    £82,915
    Period
    9 Oct 2025 – 31 Mar 2026
    Status
    active

Contracting authority & participating public bodies

The National Lottery Community Fund

Contracting authorityPublic authority - central government GB-PPON: PNLV-9975-CQQW Apex House, 3 Embassy Drive, Birmingham, West Midlands, B15 1TRContact email

Bidders & participating suppliers

2 commercial parties on the notice
  • LONDON ECONOMICSAwarded supplier SOMERSET HOUSE, LONDON, London, WC2R 1LAContact email
  • London EconomicsAwarded supplierGB-COH: 04083204 Somerset House, Strand, London, London, WC2R 1LAContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender