Award

17 week consultancy contract to develop a FCA Cyber Recovery capability

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

21 Jan 2019 at 10:50

Award Notice
Summary of the contracting process

The Financial Conduct Authority is seeking consultancy services through a successful award for a 17-week contract aimed at developing a Cyber Recovery capability. This procurement falls within the Business and Management Consultancy sector, with a contract value of £250,000, awarded on 4th November 2018. The contract period commenced on 5th November 2018 and is set to conclude on 31st March 2019. The tender process was conducted as a direct procurement method via a single tender action, which was below the financial threshold, with the tender period closing on 4th November 2018.

This consultancy contract presents a significant opportunity for businesses specialising in cybersecurity and management consultancy to demonstrate their expertise. Companies with experience in developing cyber resilience frameworks and providing strategic consultancy services would be particularly well-suited to compete for similar future contracts. The award to Wavestone Advisors UK Limited highlights the competitive landscape and the potential for growth in this expanding market, especially for firms capable of delivering innovative solutions to regulatory bodies like the Financial Conduct Authority.

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Notice Information

Notice Title

17 week consultancy contract to develop a FCA Cyber Recovery capability

Notice Description

17 week consultancy contract to develop a FCA Cyber Recovery capability - 05/11/2018 to 25/02/2019.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2af77d0f-8787-40ae-94f3-20d501074882
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/122e02b8-826b-477b-baaf-20f4241d6b10
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£62,600 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20197 years ago
Submission Deadline
4 Nov 2018Expired
Future Notice Date
Not specified
Award Date
4 Nov 20187 years ago
Contract Period
5 Nov 2018 - 31 Mar 2019 1-6 months
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
THE 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

WAVESTONE ADVISORS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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