Published date: 27 July 2018
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Market research services - 79310000
Location of contract
London
Value of contract
£70,000
Procurement reference
Ref: 1533
Published date
27 July 2018
Closing date
26 January 2018
Contract start date
1 April 2018
Contract end date
31 March 2019
Contract type
Service contract
Procedure type
Open procedure (below threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
NS&I is looking to subscribe to an ongoing monthly large scale survey that is representative of the UK or GB adult population. The survey needs to provide the following types of information:Ownership of savings and investments products (e.g. type, value, volume, brand) separate to other financial holdings; Purchase behaviours around savings and investment products (e.g. why purchased, channel of purchase, product purchased, value, volume, brand);
Channel usage (i.e. for purchase and management of savings and investment products);
Brand share estimates for savings and investment products by value and volume;
Behavioural information in relation to savings and investment products (e.g. switching products and/or provider, subsequent deposits); and
Demographics including tax status.
The survey needs to be an established survey as access to back data and trends is required. It is also important that the survey covers the NS&I brand and product range; with there being a requirement for 12 months back data on NS&I products, values held and tax status.
The sampling needs to be robust and representative of UK/GB adult population as the information will not only be used in various day-to-day business decisions but also inform pricing decisions, support business cases and inform various business strategies. Because of this the provision of data also needs to be reliable. It is also important that the survey or data is sustainable going forward as NS&I needs to be assured that it doesn't find itself without key data that it needs.
NS&I also want to be able to have easy access to the data so that they can interrogate it themselves as needed. However, it is equally important that the provider is able to interrogate the data on NS&I's behalf and respond within a reasonable timeframe.
NS&I will also require at least one yearly face-to-face presentation of key data and trends that give additional insight into the savings and investment market. There is also a requirement for quarterly updates on consumers savings and investment behaviour in the form of a slide pack or similar.
It is essential that the lag between data collection and its availability is as small as feasible.
More information
Previous notice about this procurement
Quantitative Tracker Data on Savings and Investment Behaviour
- Opportunity
- Published 20 December 2017
Links
-
- https://nsandi.eu-supply.com/login.asp?B=NSANDI
- Tender notice
- NS&I e-sourcing portal;
Additional text
-
For further information and to register your interest in this opportunity please visit the NS&I e-sourcing portal:
https://nsandi.eu-supply.com/login.asp?B=NSANDI
and click on 'Current Tender Opportunities".
Please note the deadline for receipt of responses is noon on 26th January 2018.
All communications regarding this tender must be communicated via the NS&I e-sourcing portal:
https://nsandi.eu-supply.com/login.asp?B=NSANDI
Award information
Awarded date
26 March 2018
Contract start date
1 April 2018
Contract end date
31 March 2019
Total value of contract
£75,600
This contract was awarded to 1 supplier.
GFK U.K. LIMITED
Address
25 CANADA SQUARE
E14 5LQ
GBReference
Companies House number: 02512551
Supplier is SME?
No
Supplier is VCSE?
No
Share this notice
Closing: 26 January 2018