Award

Skilled Persons Review for retail insurance

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

20 Jan 2026 at 11:43

Summary of the contracting process

The procurement process, managed by the Financial Conduct Authority, involved the completion of a contract titled "Skilled Persons Review for retail insurance". This project falls under the industry category of business and management consultancy services and is located in London, United Kingdom. The procurement process was at the award stage as of 20th January 2026, with the contract award being active. The tender was conducted through a selective procurement method, specifically a call-off from a framework agreement, with a contract period from 12th January 2026 to 12th April 2026. The total contract value amounted to GBP 265,807.5.

This tender presents opportunities for experienced consultancy firms specialising in insurance to contribute to improving governance and oversight arrangements for retail insurance products. Businesses that have a proven track record in handling such specialised audits and reviews, and can demonstrate compliance with stringent regulatory requirements, would be well-suited to compete. While the contract was not particularly aimed at SMEs or VCSEs, it remains a valuable opportunity for consultancy firms seeking to expand their expertise and portfolio in financial services regulation.

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Notice Title

Skilled Persons Review for retail insurance

Notice Description

Section 166 Skilled Person's report to review the Firm's claims handling governance and oversight arrangements for retail insurance products provided.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2b6e7774-39bc-46c6-8144-f971a4bde1c7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fdf85923-fa9d-4b0a-9697-2f7191d03d8b
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
Not specified

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
£265,807 £100K-£500K
Lots Value
Not specified
Awards Value
£265,807 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20261 months ago
Submission Deadline
1 Dec 2025Expired
Future Notice Date
Not specified
Award Date
8 Jan 20261 months ago
Contract Period
12 Jan 2026 - 12 Apr 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

AVYSE PARTNERS

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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