Financial Lives Survey, Waves 5 to 7

A Contract Award Notice
by FCA

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£280K-£4M
Sector
PROFESSIONAL
Published
23 Jan 2025
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 5 suppliers
Fca
National Centre for Social Research
Critical Research
Ignition House
+−
Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

1 buyer

3 suppliers

Description

This award notice is related to the appointment of suppliers for the delivery of specificservices for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), withthe contracts to take effect from March 2025. These three waves are expected to run from March 2025 to later in 2031.

Lot Division

1 Specialism A: Delivery of fieldwork and weighted data

This specialism is for the delivery of the main surveys (three in total, one per wave). Services will include:• Random probability-based survey design, sampling, questionnaire structure and simulations, weighting and technical report• Questionnaire review, survey script programming and testing• Data collection (online and by telephone), recruitment, incentive distribution, fieldwork monitoring and safeguarding• Data cleaning, validation and harmonisation

Award Criteria
Environmental sustainability 5
Technical and professional ability 65
Commercials 30
2 Specialism B: Recontact surveys

Biennial recontact surveys in May (one per wave, three in total) and short recontact surveys (two per wave, six in total), including:• Recruitment and incentivisation• Script programming and testing• Data processing and weighting• Data and data tables• Methodological note

Award Criteria
Environmental sustainability 5
Technical and professional ability 65
Commercials 30
3 Specialism C: Data tables

Production of data tables for the main surveys, including:• Profiling data tables, circa 20 volumes per wave• Tracker data tables, to identify statistically significant differences between waves• Gross data tables, which present results in terms of millions of UK adults• Amending the profiling and tracker tables for publication

Award Criteria
Environmental sustainability 5
Technical and professional ability 65
Commercials 30
4 Specialism D: Reporting

Services will include but not be limited to the following:• Authoring/ co-authoring reports for publication• Producing/ supporting the production of slide decks for publication• Support analysis and reporting for different teams at the FCA (not necessarily for publication)

Award Criteria
Technical and professional ability 65
Environmental sustainability 5
Commercials 30
5 Specialism E: Cognitive testing and qualitative research

Services will include but not be limited to the following:• Cognitively testing new questions for each wave of the main survey• Follow-up qualitative research with respondents from the main survey

Award Criteria
Technical and professional ability 65
Environmental sustainability 5
Commercials 30

Award Detail

1 National Centre for Social Research (London)
  • Specialism A: Delivery of fieldwork and weighted data
  • Reference: 002400-2025-1
  • Value: £3,760,000
2 Critical Research (London)
  • Specialism B: Recontact surveys
  • Reference: 002400-2025-2
  • Value: £900,000
3 Critical Research (London)
  • Specialism C: Data tables
  • Reference: 002400-2025-3
  • Value: £630,000
4 Ignition House (Dorset)
  • Specialism D: Reporting
  • Reference: 002400-2025-4
  • Value: £280,000
5 Critical Research (London)
  • Specialism E: Cognitive testing and qualitative research
  • Reference: 002400-2025-5
  • Value: £450,000

CPV Codes

  • 79310000 - Market research services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains