Contract award · 5 Apr 2024

Longitudinal Study of Debt Advice

Money and Pensions Service awarded “Longitudinal Study of Debt Advice” to IFF Research Ltd for £1.25m on 5 Apr 2024.

Research & developmentEast of England

Value £1.25m
WinnerIFF Research Ltd SME

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Money and Pensions Service · Arms Length body sponsored by the Department for Work and Pensions
Supplier
IFF Research Ltd SME
Value
£1,250,000
Procedure
Restricted procedure
Sector
Research & development · Research services (CPV 73110000)
Timeline
  1. Contract date5 Apr 2024
  2. Published16 Apr 2024Published 11 days after the contract date

Description

High-level objectives are the following:<br/><br/>Phase 1<br/><br/>• to successfully run the developing phase, recruit participants online in need of debt advice;<br/><br/>• create the experimental allocation (using a stratified random process);<br/><br/>• evaluate the encouragement design aimed at creating a robust counterfactual group; and<br/><br/>• calibrate the key parameters (such as eligibility, attrition and response rate) for the large scale longitudinal.<br/><br/>Phase 2<br/><br/>• to successfully run a large-scale randomised encouragement design longitudinal study;<br/><br/>• create the experimental allocation (using a stratified random process);<br/><br/>• successfully implement the encouragement design;<br/><br/>• to keep comparable and sizeable treatment and control groups during the duration of the project over four waves; and<br/><br/>• to measure the impact of debt advice on improving the outcomes of people.<br/><br/>Insight:<br/><br/>• to understand the causality of …

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