Source: https://tendernation.io/opportunities/01a13d25-6e67-72df-bdbc-140cf600aefc/funding-formula-review

awarded GB open procedure Suitable for SMEs

# Funding Formula Review

[The National Lottery Community Fund](https://tendernation.io/buyers/the-national-lottery-community-fund)

Estimated value

£83,333

Published

24 Jul 2026

Deadline

Closed

27 Aug 2025

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

This research is being commissioned by The National Lottery Community Fund's (known here onwards as 'The Fund') Funding Strategy, Communication, and Impact (FSCI) directorate. In the FSCI directorate, we work with colleagues across The Fund to: lead on the strategic development and delivery of our UK-wide funding; manage communications and engagement through our stakeholder relationships, media relations, and brand delivery; and generate evidence and share learning and insight.

The research will be led by the Evidence and Impact team, which aim to provide an integrated insight, evidence and impact service operating across the Fund that supports communities, stakeholders and colleagues. We use evidence and insight to create positive change by informing our equity-based approach to funding, demonstrating the impact that we and communities make, and responding to our devolved working environment.

Key aims:

â&#128;¢ The options for shaping our approach to distributing National Lottery money using the latest data and evidence.

â&#128;¢ How our Budget Funding Formula can be better aligned to our policy directions and new funding strategy.

â&#128;¢ How we can consider the full spectrum of need.

â&#128;¢ How we can fairly and equitably share our awards budget between and within the five portfolios (four UK nations and UK Portfolio).

## CPV classification

Research consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/ffe08158-f18f-462c-86db-b610d24ee55b)

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