Award

Economic Research Competition

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Feb 2025 at 11:19

Award Notice
Summary of the contracting process

The Financial Conduct Authority has awarded a contract for the "Economic Research Competition" to University College London. This project entails delivering a report on risks in the UK FinTech sector and its implications for consumer credit and economic growth. The procurement, classified under "Economic research services" (CPV code 79311400), follows an open procedure below the threshold and falls under the services category. The contract started on 24th January 2025 and is set to end on 31st March 2025. The total contract value is £27,120, and the work will be conducted in London, United Kingdom.

This tender offers significant opportunities for businesses specialising in economic research, particularly those with expertise in financial technology and consumer credit analysis. While the competition is not specifically targeted at small or medium-sized enterprises or voluntary, community, and social enterprises, it is well-suited for established institutions with robust research capabilities. Winning this tender not only provides financial benefits but also strengthens the business’s portfolio in public sector research projects, particularly in the rapidly evolving FinTech sector.

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Notice Information

Notice Title

Economic Research Competition

Notice Description

To deliver a report into risks in the UK FinTech sector as well as implications for consumer credit and economic growth.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3df8d479-e72d-41d0-a618-b0ef46225ada
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7764c12b-7e14-47a4-b4b1-207bedbcc05a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
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

79311400 - Economic research services

Notice Value(s)

Tender Value
£27,120 Under £100K
Lots Value
Not specified
Awards Value
£27,120 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20251 years ago
Submission Deadline
15 Dec 2024Expired
Future Notice Date
Not specified
Award Date
3 Jan 20251 years ago
Contract Period
24 Jan 2025 - 31 Mar 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
FINANCIAL CONDUCT AUTHORITY
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
0800 111 6768

Buyer Location

Locality
STRATFORD
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

UNIVERSITY COLLEGE LONDON

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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