Published date: 13 December 2021

Last edited date: 11 January 2022

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 28 January 2022, 6pm

Contract summary

Industry

  • Research and development consultancy services - 73200000

  • Social research services - 79315000

Location of contract

United Kingdom

Value of contract

£100,000

Procurement reference

RFQ009A

Published date

13 December 2021

Closing date

28 January 2022

Closing time

6pm

Contract start date

28 February 2022

Contract end date

14 November 2022

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Fair4All Finance is seeking to commission a comprehensive research report into the current scale and trajectory of illegal moneylending (IML) in the UK.

We want the research to establish, as precisely as possible, the current volume and value associated with IML in the UK. This will include physical, face to face interactions, and more recent developments in online introductions and transactions conducted digitally. In these scenarios, customers may be duped into thinking the website or introducer is legitimate or preyed upon where they may know or suspect the lender is unauthorised but believe their choices are so limited that they proceed with transactions.

Insights from this work, especially understanding the volume and value of illegal moneylending, will be used by Fair4All Finance and partners to inform regulators and the wider financial services sector on how to reduce customers in financially vulnerable circumstances needing to turn to illegal money lenders.

The request for proposal document can be found on the Fair4All Finance website.

More information

Attachments

Links

About the buyer

Contact name

Niall Alexander

Address

2nd Floor 28 Commercial Street
London
E16LS
England

Telephone

07799875864

Email

niall@fair4allfinance.org.uk

Website

https://fair4allfinance.org.uk/invitations-to-tender/