Provision of CPI and RPI Local Price Collection and Associated Statistical Services

Concepts

• associated statistical services
• research and development
• newport
• local price collection
• representative price data
• consultancy services
• statistical services
• consumer prices indices
• provision of cpi
• retail price index

Location

Newport

Description

Provision of CPI and RPI Local Price Collection and Associated Statistical Services.

Total Quantity or Scope

ONS produces a wide range of key economic/social statistics. The Consumer Prices Indices (CPI and CPIH) and the Retail Price Index (RPI) figures are one of the most important (and most public) statistics that the ONS produces. They are one of the key economic indicators used by HM Treasury, the Monetary Policy Committee, and across Government and the private sector for decision making.The Contract involves the collection of nationally representative price data from retail outlets for the UK's monthly inflation indicators: the CPI and the RPI. The services to be provided include: i) Item selection: the participation, with ONS staff, in the periodic review and selection of items for a basket of goods and services and of a subset of those items for which the service provider will collect prices; ii) Sourcing of products and outlets: finding products that comply with the item specifications, and outlets in which to price those products; iii) Location enumeration; the enumeration of, and supply of information on, locations where this is needed for outlet selection; iv) Collection of prices: the collection of representative price data and descriptions of the products being priced for the subset of items for which the service provider will collect prices; v) Data cleaning: the checking of the data for quality; vi) Data delivery: the delivery of the data to ONS; and vii) Associated services: including but not limited to market information on prices, retailers, goods and services; and the twice yearly collection of price data (in London) for the Purchasing Power Parities surveys.

Renewal Options

The initial contract term is for 3 years with the option to extend for up to a further 4 years as required.

CPV Codes

• 73000000 - Research and development services and related consultancy services

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Award on basis of price and quality.

Other Information

Please note that this tender includes a core requirement as well as potential future requirements which may be taken up by the Authority subject to requirements/funding. The estimated total contract value is in the range of approximately £18,000,000 to £30,000,000. The higher value includes all potential/optional requirements and the potential 4 year contract extension. The Authority does not guarantee that any/all of these additional requirements/extension options will be taken up. The potential estimated maximum value is provided here for transparency purposes.