Financial Lives Survey, Waves 5 to 7

Tender description

This award notice is related to the appointment of suppliers for the delivery of specific<br/>services for the next three waves (Waves 5, 6 and 7) of the Financial Lives survey (FLS), with<br/>the contracts to take effect from March 2025. These three waves are expected to run from March 2025 to later in 2031. Lot 1: Specialism A: Delivery of fieldwork and weighted data This specialism is for the delivery of the main surveys (three in total, one per wave). Services will include:<br/><br/>• Random probability-based survey design, sampling, questionnaire structure and simulations, weighting and technical report<br/>• Questionnaire review, survey script programming and testing<br/>• Data collection (online and by telephone), recruitment, incentive distribution, fieldwork monitoring and safeguarding<br/>• Data cleaning, validation and harmonisation Lot 2: Specialism B: Recontact surveys Biennial recontact surveys in May (one per wave, three in total) and short recontact surveys (two per wave, six in total), including:<br/><br/>• Recruitment and incentivisation<br/>• Script programming and testing<br/>• Data processing and weighting<br/>• Data and data tables<br/>• Methodological note Lot 3: Specialism C: Data tables Production of data tables for the main surveys, including:<br/>• Profiling data tables, circa 20 volumes per wave<br/>• Tracker data tables, to identify statistically significant differences between waves<br/>• Gross data tables, which present results in terms of millions of UK adults<br/>• Amending the profiling and tracker tables for publication Lot 4: Specialism D: Reporting Services will include but not be limited to the following:<br/>• Authoring/ co-authoring reports for publication<br/>• Producing/ supporting the production of slide decks for publication<br/>• Support analysis and reporting for different teams at the FCA (not necessarily for publication) Lot 5: Specialism E: Cognitive testing and qualitative research Services will include but not be limited to the following:<br/>• Cognitively testing new questions for each wave of the main survey<br/>• Follow-up qualitative research with respondents from the main survey