Find a TenderAwarded
Published 7 Sept 2023, 19:06 BST

Official UK procurement notice

FCA Market Research Framework

Official notice

Authority: Financial Conduct Authority (Public body)·Consortium: 2 public authorities

Framework agreement19 lotsServicesOpen procedureSME suitable
Framework ceiling (notional)£6,400,000total for 19 lots · framework ceiling, not attributable revenue
Submissions closed 19 Oct 2023awarded 27 Feb 2024
Lots 19see the lot list below

What is being bought19 lots · detail below

Published requirement description

Panel 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 lot
Lot #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.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
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.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
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.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
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.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
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.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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).

Delivery: UK
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).

Delivery: UK
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.

Delivery: UK
Lot #13Lot D Syndicated Secondary Research ServicesAwardedLot estimate not published

Market research services involving syndicated subscription-based financial services market research and insight reporting.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK
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.

Delivery: UK

What it takes to win
i

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 more
What this means for your bid
  • 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)
Market research servicesResearch services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03fb09 Find a Tender
Contract terms
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
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Appointment period ends
19 Oct 2023, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
19 Oct 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

19 Oct 2023 → 16 May 2024 · 3 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    19 Oct 2023, 12:00 BST
  2. Bids opened
    19 Oct 2023, 12:00 BST
  3. Notice published
    16 May 2024, 11:58 BST

Notice history

2 events · 3 releases on Find a Tender · since 16 May 2024
  1. Status changed to complete
    16 May 2024, 10:29 BST
  2. Buyer details updated
    16 May 2024, 10:29 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 28admitted to the panel · see the list ↓
Bids received 2519 from SMEs
Contracts signed 20latest 27 Feb 2024

130 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

LotBidsSMEVCSEValid bid range
6 · Lot A Quantitative Surveys, Specialism 2: CATI Omnibus surveys2bids · 2 electronic1—£750,000 – £1,500,000
Whole notice25bids · 25 electronic19—£1,500,000 – £2,500,000

Contracting authority & participating public bodies

2 public bodies on the notice

FCA

Contracting authorityPublic bodyBody governed by public lawEconomic affairs 01920623 12 Endeavour Square, London, UK, E20 1JNContact name, email, phone

Consortium members and other public bodies

Framework contractors & participating bidders

37 commercial parties on the notice
Show 27 more suppliers

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria