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MCR (Cyber Risk Platform)

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

30 Jul 2026 at 12:04

Award Notice
Summary of the contracting process

The Financial Conduct Authority has concluded a procurement process for the Managed Cyber Risk (MCR) SaaS Platform, designed to procure IT software solutions within the services industry category. This contract, located in London, UK, was part of a selective procurement method, specifically a call-off from a framework agreement, and has now reached the award stage. The tender period concluded on April 3, 2026, with the contract commencing on June 1, 2026, and set to end on May 31, 2028. The awarded contract, worth £223,776, was announced on 19 May 2026 and published on 30 July 2026, to PWC Change Management Ltd.

This procurement offers substantial prospects for large companies, particularly those providing sophisticated IT software solutions tailored to manage and mitigate cyber risks. The engagement with the Financial Conduct Authority represents a significant opportunity for businesses in the tech industry to expand their reach and enhance their portfolio through providing essential services over a two-year period. While this specific opportunity has been awarded, similar ventures in the framework could present further opportunities for growth for companies able to meet the necessary standard requirements and technological capabilities.

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Notice Information

Notice Title

MCR (Cyber Risk Platform)

Notice Description

Licences for PWC Managed Cyber Risk (MCR) SaaS Platform

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-02985ea1-c376-4d06-b88b-a9acb582fb7f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f3b498f9-1f00-4798-b820-407a2051284a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48517000 - IT software package

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£223,776 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20266 days ago
Submission Deadline
3 Apr 2026Expired
Future Notice Date
Not specified
Award Date
18 May 20262 months ago
Contract Period
31 May 2026 - 31 May 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

PWC CHANGE MANAGMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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