Award

PSR Litigation Support - Market Reviews

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

23 Apr 2024 at 14:07

Summary of the contracting process

The Financial Conduct Authority (FCA) has awarded a contract for PSR Litigation Support - Market Reviews to BEVAN BRITTAN LLP. The contract involves legal services, with a total value of £480,000 in GBP. The procurement method used was selective, specifically a call-off from a framework agreement. The contract period is set to start on March 25, 2024, and ends on March 25, 2025. The tender period ended on January 22, 2024. The procurement took place in London, United Kingdom.

This tender presents an opportunity for law firms specialising in legal services to compete in providing support for PSR's market review on cross border interchange fees. Businesses with expertise in legal services and the capacity to deliver over a 12-month contract, with a potential extension for an additional year, would be well-suited to benefit from this opportunity for growth. The FCA, as the buying organisation, has awarded the contract in a selective procurement process, offering a valuable market entry point for suitable legal service providers.

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Notice Title

PSR Litigation Support - Market Reviews

Notice Description

The FCA on behalf of PSR awarded a contract to instruct an external Law firm to provide legal support in relation to PSR's marker review on cross border interchange fees. The contract will be for a period of 12 months with an option to extend by an additional year.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2ea0327b-c98c-4f72-b6b2-a6703e473c7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a934996c-8f9b-45e4-8bca-68abe5c198ba
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

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


CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£480,000 £100K-£500K
Lots Value
Not specified
Awards Value
£480,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20241 years ago
Submission Deadline
22 Jan 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20241 years ago
Contract Period
25 Mar 2024 - 25 Mar 2025 1-2 years
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
FCA Procurement
Contact Email
chengetai.garaiza@fca.org.uk
Contact Phone
020 7066 1000

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

BEVAN BRITTAN

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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