Award

Pay Grading & Benefits Review

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

26 Apr 2021 at 15:23

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a procurement process for a project titled "Pay Grading & Benefits Review." This consultancy tender falls under the services category, specifically focusing on pension fund consultancy and human resources management. With a contract value of £100,000, this procurement was executed through a direct award method. The contract period commenced on 22 April 2021 and is set to conclude on 22 July 2021. The delivery of services is centred in London, England, and the tender period ended on 15 March 2021.

This tender presents an opportunity for businesses specialising in consultancy services, particularly in pay grading and pension management. Firms that can offer expertise in human resources and financial consulting will be well-positioned to benefit from this type of procurement. Small and medium-sized enterprises (SMEs) have the potential to compete effectively, as the suitability criteria indicate an openness to such businesses. Engaging with the FCA could facilitate growth and broaden market reach in the consultancy sector.

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Notice Title

Pay Grading & Benefits Review

Notice Description

Consultancy support for a review of FCA Pay and Grading, including pensions

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4837865e-9cfb-4b40-a3d1-52b9f5bc070f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/00c6c594-eafc-490b-905b-2a6027de17a3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66523000 - Pension fund consultancy services

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20214 years ago
Submission Deadline
15 Mar 2021Expired
Future Notice Date
Not specified
Award Date
15 Mar 20214 years ago
Contract Period
21 Apr 2021 - 22 Jul 2021 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
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Kevin McMahon
Contact Email
kevin.mcmahon@fca.org.uk
Contact Phone
0207 066 4634

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

TOWERS WATSON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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