UK-London: Market and economic research; polling and statistics.

This notice is covered by: Directive 2014/24/EU
Section I: Contracting authority/entity

I.1) Name and addresses
Financial Conduct Authority, 01920623
12 Endeavour Square, London, E20 1JN, United Kingdom
Tel. +44 2070661000, Email: FCAProcurement@fca.org.uk
Main Address: www.fca.org.uk
NUTS Code: UK

Section II: Object

II.1) Scope of the procurement

II.1.1) Title: CON-18-022 Financial Lives Lot 3
Reference number: Not Provided

II.1.2) Main CPV code:
79300000 - Market and economic research; polling and statistics.

II.1.3) Type of contract: SERVICES

II.2) Description

II.2.1) Title: CON-18-022 Financial Lives Lot 3
Lot No: 3

II.2.2) Additional CPV codes:
Not Provided

II.2.3) Place of performance:
UK UNITED KINGDOM


II.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.

II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Start: 25/03/2019 / End: 24/03/2023
Directive 2014/24/EU - In the case of framework agreements, provide justification for any duration exceeding 4 years:
Not Provided

II.2.13) Information about European Union funds:
The procurement is related to a project and/or programme financed by European Union funds: No


Section IV: Procedure

IV.2) Administrative information

IV.2.1) Contract award notice concerning this contract
Notice number in OJ S: 2019/S 111 - 273121

Section V: Award of contract/concession

Contract No: CON-18-022 Lot No: 3 Title: Financial Lives Programme
V.2) Award of contract/concession

V.2.1) Date of conclusion of the contract/concession award decision: 25/03/2019

V.2.2) Information about tenders
The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor/concessionaire, No. 1:
Critical Research, 06566825
41-43 Alma Street, Luton, Bedfordshire, LU1 2PL, United Kingdom
NUTS Code: UK
The contractor/concessionaire is an SME: Yes

V.2.4) Information on value of the contract/lot/concession:
Total value of the procurement: 550,824
Currency: GBP

Section VI: Complementary Information

VI.3) Additional Information:
To view this notice, please click here:
https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=717950717

VI.4) Procedures for review

VI.4.1) Review Body
Financial Conduct Authority
12 Endeavour Square, London, E20 1JN, United Kingdom
Tel. +44 2070661000

V1.4.2) Body responsible for mediation procedures:
Not Provided

VI.4.3) Review procedure
Not Provided

VI.4.4) Service from which information about the review procedure may be obtained
Not Provided

VI.5) Date of dispatch of this notice: 22/09/2022

Section VII: Modifications to the contract/concession

VII.1) Description of the procurement after the modifications

VII.1.1) Main CPV code:
79300000 - Market and economic research; polling and statistics.


VII.1.2) Additional CPV code(s)
Not Provided

VII.1.3) Place of performance:
UK UNITED KINGDOM


VII.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.

VII.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession:
Start: 25/03/2019 / End: 24/03/2023

Directive 2014/24/EU - In the case of framework agreements, provide justification for any duration exceeding 4 years:
Not Provided .

VII.1.6) Information on value of the contract/lot/concession
Total value of the contract/lot/concession: 673,393
Currency: GBP

The contract has been awarded to a group of economic operators: No
VII.1.7) Name and address of the contractor/concessionaire, No. 1:
Critical Research, 06566825
41-43 Alma Street, Luton, Bedfordshire, LU1 2PL, United Kingdom
NUTS Code: UK
The contractor/concessionaire is an SME: Yes


VII.2) Information about modifications

VII.2.1) Description of the modifications:
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.

VII.2.2) Reasons for modification:
Need for additional works, services or supplies by the original contractor/concessionaire (Art. 43(1)(b) of Directive 2014/23/EU, Art. 72(1)(b) of Directive 2014/24/EU, Art. 89(1)(b) of Directive 2014/25/EU)

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.

VII.2.3) Increase in price
Updated total contract value before the modifications (taking into account possible earlier contract modifications and price adaptions and, in
the case of Directive 2014/23/EU, average inflation in the Member State concerned)
Value excluding VAT: 550,824
Currency: GBP

Total contract value after the modifications:
Value excluding VAT: 673,393
Currency: GBP