This public procurement record has 1 release in its history.

Award

20 Aug 2026 at 10:39

Summary of the contracting process

The Financial Conduct Authority (FCA) procured specialist business and management consultancy services for its Regulatory Excellence (RegEx) programme. The work covers operating model design, business change, governance and implementation support. Its purpose is to help the FCA deliver a more data-enabled, risk-based and proportionate regulatory framework. Delivery is in London, including the FCA’s premises at 12 Endeavour Square, London E20 1JN. This is a services requirement rather than a goods or construction contract, and is relevant to consultancies that advise regulators or other complex organisations on operating models, transformation, governance, data-enabled regulation and implementation. The requirement is focused on supporting the FCA’s regulatory operating model and associated business change, rather than general management consultancy.

The procurement is complete and was awarded to Mason Advisory Limited on 29 May 2026. It used a selective procedure as a call-off from a framework agreement. The tender submission deadline was 10 April 2026 at 12:00. The estimated value range was £3,209,552 to £3,977,794, while the award value was £3,209,552, all in GBP. The awarded contract runs from 1 July 2026 to 25 June 2027. The selected supplier is responsible for the full requirement described for the RegEx programme. The process was assessed through the framework call-off route, with the award recorded as active. This outcome indicates a substantial, defined consultancy engagement with the FCA rather than a small or routine advisory assignment.

This award is most relevant to established consultancies able to provide senior specialists across operating model design, organisational and business change, governance, implementation and regulatory transformation. Credible competitors would need to show that they can turn regulatory strategy into practical operating arrangements, support delivery across a complex public body and improve the use of data in risk-based decision-making. Experience of financial regulation, regulated environments, assurance, governance design and proportionate controls would strengthen a future proposition. The requirement is marked as unsuitable for SMEs and voluntary, community or social enterprises, indicating that the buyer expects the capacity, specialist depth and delivery infrastructure of a larger consultancy or a well-resourced framework supplier. Firms tracking FCA transformation priorities should use this award as evidence of demand for integrated regulatory change support.

How relevant is this notice?

Notice Title

Consultancy Support for Regulatory Excellence Programme

Notice Description

The contract is for specialist consultancy support to the FCA's Regulatory Excellence (RegEx) programme, providing operating model design, business change, governance and implementation support to help deliver a more data-enabled, risk-based and proportionate regulatory framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-46d130aa-5a06-4a71-936a-946f7275fc69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f7c5985d-0c1a-4894-94c9-c61bc4ea5ffe
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

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£3,977,794 £1M-£10M
Lots Value
Not specified
Awards Value
£3,209,552 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Aug 20261 weeks ago
Submission Deadline
10 Apr 2026Expired
Future Notice Date
Not specified
Award Date
29 May 20263 months ago
Contract Period
1 Jul 2026 - 25 Jun 2027 6-12 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

Mason Advisory Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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