Contract award · 4 Aug 2026

CYP Financial wellbeing research

Money and Pensions Service awarded “CYP Financial wellbeing research” to BMG Research Limited for £600k on 4 Aug 2026. Awarded without open competition.

No competitionResearch & developmentEast of England

Value £600k
WinnerBMG Research Limited SME

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Money and Pensions Service · Body governed by public law
Value
£600,000
Procedure
Award procedure without prior publication of a call for competition
Sector
Research & development · Research services (CPV 73110000)
Timeline
  1. Contract date4 Aug 2026
  2. Published24 Sep 2026Published 51 days after the contract date

Description

Procurement of a specialist external research agency to design and deliver a UK-wide quantitative tracking study on the financial wellbeing of children and young people aged 7-17. The outcome is to inform policy, funding decisions and targeted interventions. Additional information: Price per quality point

About the supplier

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