Longitudinal Study of Debt Advice
About This Opportunity
Award notice from MONEY AND Pensions Service (United Kingdom) — Longitudinal Study of Debt. research & innovation. Awarded to IFF Research (GBP 1.8M, Apr 2024).
This is a services contract in the Research sector, with a focus on Scientific Research. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums.
Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the Research sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
No change from Contract Award Notice:
High-level objectives are the following:
Phase 1
• to successfully run the developing phase, recruit participants online in need of debt advice;
• create the experimental allocation (using a stratified random process);
• evaluate the encouragement design aimed at creating a robust counterfactual group; and
• calibrate the key parameters (such as eligibility, attrition and response rate) for the large scale longitudinal.
Phase 2
• to successfully run a large-scale randomised encouragement design longitudinal study;
• create the experimental allocation (using a stratified random process);
• successfully implement the encouragement design;
• to keep comparable and sizeable treatment and control groups during the duration of the project over four waves; and
• to measure the impact of debt advice on improving the outcomes of people.
Insight:
• to understand the causality of debt advice has with debt and wider financial well-being indicators within the debt journey over the short, medium and long term. This includes analysing complex journeys into and out of debt over time and the causes;
• to identify the immediate effects of receiving debt advice, the sustainability of the solutions and the long-term consequences of clients' decisions; and
• to identify what works and what doesn't work to increase motivation for advice seeking behaviour, which is one of the most challenging objectives in the debt advice sector.
Data provenance
This notice is sourced from UK FTS - Find a Tender Service and was originally published on April 23, 2026. Last refreshed 1 day ago. Reference: 037304-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About MONEY AND PENSIONS SERVICE
MONEY AND PENSIONS SERVICE has issued 31 procurement notices on BidsFactory, including 2 currently open and 29 awarded contracts. Activity concentrates in Information & Communication Technology, General Supplies & Services, and Consulting. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: May 8, 2026.
Frequently asked questions about this tender
How can I submit a bid?
Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 037304-2026 when communicating with the contracting authority.
Is this tender still open?
No — the contract has already been awarded to IFF Research. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by MONEY AND PENSIONS SERVICE in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Research & Innovation sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
IFF Research was awarded the contract for £1,767,867. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
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