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RFR framework development and delivery

Payment Systems Regulator

This public procurement record has 1 release in its history.

Award

17 Sep 2024 at 07:14

Award Notice
Summary of the contracting process

The Payment Systems Regulator has completed the procurement process for the "RFR framework development and delivery" contract, which falls under the business analysis consultancy services category. Located in London, UK, this contract, valued at £180,000, sought support in developing a regulatory financial reporting remedy. The procurement stage is marked as 'award', with the award made on 16th August 2024. The contract period commences on 12th September 2024 and concludes on 7th February 2025. This selective procurement method involved a call-off from a framework agreement, specifically aimed at established businesses rather than SMEs or VCSE organisations.

Businesses specialising in regulatory financial reporting and business analysis consultancy would find this tender particularly beneficial for growth, as it highlights the need for technical expertise and support in financial regulation. The successful supplier, GRANT THORNTON LLP, demonstrates the type of established companies well-suited to such contracts. By securing similar tenders, firms can enhance their portfolios and build significant government sector experience, valuable for fostering long-term, strategic partnerships and increasing market credibility within the regulatory consultancy domain.

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Notice Information

Notice Title

RFR framework development and delivery

Notice Description

This contract is for the provision of support to aid in the development of a regulatory financial reporting remedy as part of the scheme and processing fees market review.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3d6660be-6101-4fa8-9d61-923a0f5b8bf4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e7f8decc-6f59-45eb-a732-6763eb51c6bc
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

72 - IT services: consulting, software development, Internet and support

CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
Not specified
Awards Value
£180,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20241 years ago
Submission Deadline
2 Aug 2024Expired
Future Notice Date
Not specified
Award Date
16 Aug 20242 years ago
Contract Period
12 Sep 2024 - 7 Feb 2025 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
Payment Systems Regulator
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
L
Postcode
E20 1JN
Postcode Area
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

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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