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 Survey Programme of Research and Reporting
Reference number: CON-18-022

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 Programme of Research and Reporting
Lot No: 1

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 1. The survey is biennial, with the work required to plan, run and report the survey lasting 2 years. This contract covers Waves 2, 3 and 4 of the Financial Lives programme. The Lot 1 Supplier is required to programme and host the survey, including a full pilot, and provide the survey data cleaned and with weights appended, ready for producing data tables.

II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Start: 25/03/2019 / End: 24/03/2025
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: 1 Title: Online Survey
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:
The National Centre for Social Research, 04392418
36 Northampton Square, London, EC1V 0AX, United Kingdom
NUTS Code: UK
The contractor/concessionaire is an SME: No

V.2.4) Information on value of the contract/lot/concession:
Total value of the procurement: 1,860,011
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=840737031

VI.4) Procedures for review

VI.4.1) Review Body
Financial Conduct Authority
12 Endeavour Square, London, E20 1JN, United Kingdom
Tel. +44 2070661000
Internet address: www.fca.org.uk

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: 06/02/2024

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:
The first two waves of the survey, conducted in 2016/7 and 2019/20, were undertaken using a combination of online and in-home interviewing. The aim of the in-home survey was to ensure those offline or in some way digitally excluded were represented in the survey. The Covid pandemic necessitated a change in survey methodology in 2022, with large-scale in-home interviewing not possible. The in-home survey was replaced with a telephone survey.

VII.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession:
Start: 25/03/2019 / End: 24/03/2025

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: 2,539,685.7
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:
The National Centre for Social Research, 04392418
36 Northampton Square, London, EC1V 0AX, United Kingdom
NUTS Code: UK
The contractor/concessionaire is an SME: No


VII.2) Information about modifications

VII.2.1) Description of the modifications:
The first 2 waves of the survey, conducted in 2016/7 and 2019/20, were undertaken using a combination of online and in-home interviewing, to ensure those offline or in some way digitally excluded were represented in the survey. The Covid pandemic necessitated a change in survey methodology in 2022, with large-scale in-home interviewing not possible. The in-home survey was replaced with a telephone survey. Direct costs have also increased e.g. postage of the invitation letters for the survey.

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 Covid pandemic necessitated a change in survey methodology in 2022, with large-scale in-home interviewing not possible. For this reason Wave 3, and now Wave 4, of the Financial Lives survey will follow a different methodology to preceding waves and the in-home survey will be replaced with a telephone survey. There are a number of benefits associated with one supplier conducting both pieces of fieldwork in terms of sampling, weighting, data merging, costs and timescales.

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: 2,199,684
Currency: GBP

Total contract value after the modifications:
Value excluding VAT: 2,539,685.7
Currency: GBP