Expired contract

GB-London: CON-23-102 FSCS - The Value of Consumer Protection

Details

Value
£136,221
Duration
5 months
Topic
Market and economic research; polling and statistics
Published
3 July 2023

Tender description

The objective of this work is to provide evidence of consumer understanding of the FSCS including what the role of the FSCS is, the scope of protection, the value of the FSCS protection on consumer decision making and what consumers see as the main benefits of FSCS protection.

Timeline

  1. Completed: Award date8 June 2023
  2. Completed: Award published3 July 2023
    Current notice
  3. Completed: Contract expiry date31 October 2023

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Every tender runs through Atamis, the FCA's eTendering portal, with opportunities also advertised on Find a Tender and Contracts Finder. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. A Supplier Code of Conduct, updated in 2022, covers climate change, resilience and data protection standards for suppliers. An ethical procurement standard applies to purchases wherever possible.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Financial Conduct Authority's contract awards have been in IT services, business services and software and information systems.

Relevant CPV codes

  • 79300000 · Market and economic research; polling and statistics

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Decision makers

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