Tender

CON-20-115 Consultancy & Skilled Persons Framework

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Tender

16 Jun 2021 at 18:35

Summary of the contracting process

The Financial Conduct Authority (FCA) is currently conducting a tender for the "CON-20-115 Consultancy & Skilled Persons Framework," aimed at establishing a consultancy and skilled persons framework across various specialisms in financial consultancy services. This procurement is categorised under financial consultancy services and is open until 19 July 2021. The framework, which has a total contract value of £110 million and will be active from 1 April 2022 to 31 March 2026, will encompass multiple lots, each focusing on different areas, such as client assets, risk management, and financial crime.

This tender presents significant growth opportunities for businesses, particularly consultancy firms that specialise in financial services or have expertise in the specific specialisms outlined in the procurement. Companies that can provide skilled personnel within the lots, such as client safeguarding, governance, and technology management, will be well-suited to compete. The selective procurement method allows for SMEs to participate, paving the way for smaller or niche firms to offer their specialised services in a regulated environment.

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Notice Title

CON-20-115 Consultancy & Skilled Persons Framework

Notice Description

Creation of a consultancy and skilled persons framework with multiple lots. Lots A to L cover different specialities of s166 skilled persons review as part of the FCA and Bank of England (including the PRA) regulatory remit. Lot M covers general consultancy and is split into specialisms. Suppliers will not need to deliver all of the specialisms in the lot and will be considered for the specialism(s) that they have been selected. The lots are: A.Client Assets and Safeguarding B.Governance, Accoutability, Strategy and Culture C.Controls and Risk Management Frameworks D.Conduct of Business E.Financial Crime F.Prudential - Deposit Takers, Recognised Clearing Houses , Central Securities Depositories and PRA-Designated Investment Firms G Prudential - .Insurance H.Prudential - Adequate Financial Resources for FCA solo-regulated firms I.Technology and Information Management J.CBEST Threat Intelligence K.CBEST Penetration Testing L.Credit Rating Agencies M.Business Consultancy

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0679146a-c67e-4652-8e42-7353781f2b55
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cbb9258c-4070-4550-81ea-303db6423805
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£110,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20214 years ago
Submission Deadline
19 Jul 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2026 4-5 years
Recurrence
Not specified

Notice Status

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

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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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