Official UK procurement notice
FCA Market Research Framework
Authority: Financial Conduct Authority (Public body)·Consortium: 2 public authorities
What is being bought19 lots · detail below
Published requirement descriptionPanel of suppliers offering a range of market research services, split into Lots
CPV: Market research services · Research services
How this framework works
From the published notice- Bids received
- 25 bids received · 28 suppliers appointed
Lots and requirements (19)Procurement structure
19 lots · 5 with a published value · evaluation weights differ by lotLot #1Lot A Quantitative SurveysPublished value£1,500,000
Lot A covers quantitative surveys, commissioned in response to a specific policy or regulatory development for the FCA or other Authorities (as set out in the Invitation to Tender). It is split into four specialisms:
Specialism 1 - Bespoke - Large-scale quantitative surveys
Specialism 2 - CATI Omnibus surveys
Specialism 3 - CAPI Omnibus surveys
Specialism 4 - CAWI (online omnibus) and Panel samples
Tenderers can bid for one or multiple specialisms.
Lot #2Lot B Qualitative ResearchPublished value£2,500,000
The Financial Conduct Authority (the FCA) is seeking Tenderers to provide market research services involving the use of qualitative or user experience research. This Lot is reserved specifically for Tenderers that offer these type of research services, either of consumers or businesses (regulated firms or business entities). This Lot is split into two specialisms:
Specialism 1 - Bespoke qualitative studies;
Specialism 2 – Bespoke qualitative studies of online user experiences.
Tenderers can bid for one or multiple specialisms.
Lot #3Lot C Mystery Shopping ServicesPublished value£450,000
The Financial Conduct Authority (the FCA) is seeking suppliers to provide market research services carried out through the mystery shopping of financial services providers.
Mystery shopping is employed by the FCA to allow it to ‘observe’ and assess whether regulated financial services firms, largely retail, are abiding by the regulatory requirements laid down in the FCA’s rules and regulations in their conduct with consumers. This forms part of our supervisory conduct management activity.
Lot #4Lot D Syndicated Market Research ServicesPublished value£1,250,000
The Financial Conduct Authority (the FCA) is seeking suppliers to provide market research services involving syndicated subscription-based financial services market research and insight reporting.
Lot #5Lot E – Market Research, Project, and Programme Management SpecialistsPublished value£700,000
Lot E covers specialist market research specialisms, which would be contracted in response to a specific policy or regulatory development. It is split into 6 specialisms:
Specialism 1 – Report Writers
Specialism 2 – Statistical advice and sampling methodologists
Specialism 3 – Research Designer
Specialism 4 – Research Data analysis
Specialism 5 – Project managers
Specialism 6 – Programme Manager
Tenderers can bid for one or multiple specialisms.
Lot #6Lot A Quantitative Surveys, Specialism 2: CATI Omnibus surveysAwardedLot estimate not published
Market research quantitative survey services. The survey data collection mode covers CAPI, CATI, CAWI or a combination, depending on the specialism.
Lot #7Lot A Quantitative Surveys, Specialism 1: Bespoke - Large-scale quantitative surCancelledLot estimate not published
Market research quantitative survey services. The survey data collection mode covers CAPI, CATI, CAWI or a combination, depending on the specialism.
Lot #8Lot A Quantitative Surveys, Specialism 3: CAPI Omnibus surveysCancelledLot estimate not published
Market research quantitative survey services. The survey data collection mode covers CAPI, CATI, CAWI or a combination, depending on the specialism.
Lot #9Lot A Quantitative Surveys, Specialism 4: CAWI (online omnibus) and Panel sampleCancelledLot estimate not published
Market research quantitative survey services. The survey data collection mode covers CAPI, CATI, CAWI or a combination, depending on the specialism.
Lot #10Lot B Qualitative Research, Specialism 1: Bespoke qualitative studiesCancelledLot estimate not published
Market research services involving the use of qualitative or user experience research, either of consumers or businesses (regulated firms or business entities).
Lot #11Lot B Qualitative Research, Specialism 2: Bespoke qualitative studies of onlineCancelledLot estimate not published
Market research services involving the use of qualitative or user experience research, either of consumers or businesses (regulated firms or business entities).
Lot #12Lot C Regulatory Mystery ShoppingAwardedLot estimate not published
Market research services carried out through the mystery shopping of financial services providers. Mystery shopping is used by the FCA to ‘observe’ and assess whether regulated financial services firms, largely retail, are abiding by the regulatory requirements laid down in the FCA’s rules and regulations in their conduct with consumers.
Lot #13Lot D Syndicated Secondary Research ServicesAwardedLot estimate not published
Market research services involving syndicated subscription-based financial services market research and insight reporting.
Lot #14Lot E Market Research Specialists, Specialism 1: Report WritersCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
Lot #15Lot E Market Research Specialists, Specialism 2: Statistical advice and samplingCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
Lot #16Lot E Market Research Specialists, Specialism 3: Research DesignersCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
Lot #17Lot E Market Research Specialists, Specialism 4: Research data analysisCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
Lot #18Lot E Market Research Specialists, Specialism 5: Project ManagersCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
Lot #19Lot E Market Research Specialists, Specialism 6: Programme ManagersCancelledLot estimate not published
A range of market research and specialist technical suppliers to provide market research expertise and/or consulting services including the management of market research projects or programmes of work.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Lots publish different evaluation splits; there is no single procedure weighting.
7 more lots publish their own split on the notice.
- Price carries 5–30 points depending on the lot; most lots put it at 30 points.
- “FCA Market Research Framework” is a framework: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes
- First published
- 7 Sept 2023, 19:06 BST
- Last source update
- 16 May 2024, 11:58 BST
- Award evaluation window
- 19 Oct 2023 – …
- Authority reference
CON-23-161- FTS notice number
2024/S 000-015554- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03fb09Find a Tender
- Electronic trading
- e-invoicing allowed
Publisher note: In addition to the FCA, the following Contracting Authorities (as defined by the Public<br/>Contracts Regulations 2015) will be Authorised Users of the FCA’s Market Research<br/>Framework and may choose to use it:<br/><br/>•The Payments Systems Regulator (PSR)<br/>•The Bank of England (BoE)<br/>•The Prudential Regulation Authority (PRA)<br/>•Financial Ombudsman Service (FOS)<br/>•Financial Services Compensation Scheme (FSCS)<br/>•Money & Pensions Service (MaPS)
How it was run
Official notice- Appointment period ends
- 19 Oct 2023, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 19 Oct 2023, 12:00 BST
Timeline
19 Oct 2023 → 16 May 2024 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown19 Oct 2023, 12:00 BST
- Bids opened19 Oct 2023, 12:00 BST
- Notice published16 May 2024, 11:58 BST
Notice history
2 events · 3 releases on Find a Tender · since 16 May 2024- Status changed to complete16 May 2024, 10:29 BST
- Buyer details updated16 May 2024, 10:29 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast130 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 2
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot B Qualitative Research, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot B Qualitative Research, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot B Qualitative Research, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 2
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 3
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot D Syndicated Secondary Research Services
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 4
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 4
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot B Qualitative Research, Specialism 1
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 4
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Lot A Quantitative Surveys, Specialism 4
- Signed
- 27 Feb 2024
- Value
- —
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 6 · Lot A Quantitative Surveys, Specialism 2: CATI Omnibus surveys | 2bids · 2 electronic | 1 | — | £750,000 – £1,500,000 |
| Whole notice | 25bids · 25 electronic | 19 | — | £1,500,000 – £2,500,000 |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- Financial Conduct AuthorityContracting authorityBody governed by public lawEconomic affairs
Framework contractors & participating bidders
37 commercial parties on the notice- ABa Quality Monitoring LtdFramework contractor
- Behavioural Insights TeamFramework contractor
- Behavioural Insights TeamFramework contractor
- CM MONITOR LTD T/A BRITAIN THINKS - FCAFramework contractor
- CRITICAL RESEARCH LTDFramework contractor
- CRITICAL RESEARCH LTDFramework contractor
- CRITICAL RESEARCH LTDFramework contractor
- DELOITTE LLP - FCA - LONDON EC4A 3BQFramework contractor
- DJS Research LimitedFramework contractor
- Ernst and Young LLPFramework contractor
Show 27 more suppliers
- Ernst and Young LLPFramework contractor
- IFF RESEARCH LTD - FCAFramework contractor
- IPSOS MORI UK LTDFramework contractor
- IPSOS MORI UK LTDFramework contractor
- IPSOS MORI UK LTDFramework contractor
- Irrational Agency LimitedFramework contractor
- KANTAR UK LIMITEDFramework contractor
- LONDON ECONOMICS LTDFramework contractor
- NATIONAL CENTRE FOR SOCIAL RESEARCH T/A NATCEN SOCIAL RESEARCHFramework contractor
- NATIONAL CENTRE FOR SOCIAL RESEARCH T/A NATCEN SOCIAL RESEARCHFramework contractor
- NMG FINANCIAL SERVICES CONSULTANTS LTDFramework contractor
- OPINIUM RESEARCH LLPFramework contractor
- OPINIUM RESEARCH LLPFramework contractor
- PRICE WATERHOUSECOOPERS - FCA - LONDON SE1 2RTFramework contractor
- SAVANTA GROUP LIMITEDFramework contractor
- SAVANTA GROUP LIMITEDFramework contractor
- SOPRA STERIA LIMITED - FCAFramework contractor
- THE STATS PEOPLE LIMITEDFramework contractor
- The Behavioural AchitectsFramework contractor
- The Big Window Consulting LtdFramework contractor
- The Hive Insight and Idea GenerationFramework contractor
- The Hive Insight and Idea GenerationFramework contractor
- Trinity McQueenFramework contractor
- Walnut UnlimitedFramework contractor
- YONDER CONSULTING LIMITEDFramework contractor
- YOUGOV PLCFramework contractor
- mel researchFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria