Published date: 3 June 2019
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Research services - 73110000
Location of contract
London
Value of contract
£200,000
Procurement reference
tender_153508/773509
Published date
3 June 2019
Closing date
12 April 2019
Contract start date
20 May 2019
Contract end date
31 March 2020
Contract type
Service contract
Procedure type
Other: Further Competition via the Crown Commercial Service Behavioural Insights framework (RM6004)
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Sections 18 and 19 of the Financial Guidance and Claims Act 2018 set out a requirement for a stronger final nudge towards pensions guidance at the point when a consumer applies to access or transfer their pension savings, so as to make receiving Pension guidance from the Money and Pensions Service (MaPS) the default position. The Act provides a framework with the details of this 'final nudge' left to be worked out.
As a result, MaPS is running a project to explore and test different approaches to conducting the final nudge process. The results of this testing will provide an evidence base to assist the FCA and DWP in making rules and regulations.
This contract is for a supplier to provide support for this testing and evaluation process.
Award information
Awarded date
6 May 2019
Contract start date
20 May 2019
Contract end date
31 March 2020
Total value of contract
£200,000
This contract was awarded to 1 supplier.
Behavioural Insights Ltd.
Address
4 Matthew Parker Street, London, SW1H 9NP
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
David Hughes
Address
120 Holborn
London
EC1N 2TD
England
Telephone
0
david.hughes@moneyadviceservice.org.uk
Website
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Closing: 12 April 2019
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