This public procurement record has 1 release in its history.

Award

11 Jul 2022 at 11:50

Summary of the contracting process

The procurement process involves the Financial Conduct Authority (FCA) seeking to establish the "CON-20-115 Consultancy & Skilled Persons Framework" in the industry of Financial Consultancy Services. This tender was announced as active on 11th July 2022, following the closure of the tender period on 22nd March 2022. The contract period spans from 1st April 2022 to 31st March 2026, with a total estimated value of £110 million. The procurement method used was a selective procedure, inviting suppliers to submit proposals for different specialisms across multiple lots, relating to the FCA and Bank of England's regulatory remit across various delivery locations including the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for businesses within the consultancy sector, especially those specialised in financial consultancy services. Companies that demonstrate expertise in regulatory compliance, risk management, or financial reviews would be particularly well-positioned to compete. Additionally, small and medium-sized enterprises (SMEs) and larger firms can both participate, as suppliers do not need to cover all specialisms within the lot, allowing for tailored submissions that leverage niche capabilities or expertise.

How relevant is this notice?

Notice Information

Notice Title

CON-20-115 Consultancy & Skilled Persons Framework

Notice Description

Creation of a consultancy and skilled persons framework with multiple lots. Lots A to L cover different specialities of s166 skilled persons review as part of the FCA and Bank of England (including the PRA) regulatory remit. Lot M covers general consultancy and is split into specialisms. Suppliers will not need to deliver all of the specialisms in the lot and will be considered for the specialism(s) that they have been selected.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c798f34-bdf7-428f-9e67-e5cb0a0104ac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a26eb7e3-c7c9-441c-8bf2-e11476746156
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£110,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£110,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jul 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Mar 20224 years ago
Contract Period
1 Apr 2022 - 31 Mar 2026 4-5 years
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
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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
55
Supplier Names

Accenture (UK) Limited

Barnett Waddingham LLP

BDO LLP

Deloitte LLP

Ernst & Young LLP

Grant Thornton UK LLP

Hymans Robertson LLP

KPMG LLP

Lane, Clarke & Peacock LLP

Management Solutions

Alvarez & Marsal Financial Industry Advisory Services LLP

Bovill Limited

Kroll Advisory Ltd

Ocreus Limited

Protiviti Limited

PricewaterhouseCoopers LLP

Allen & Overy LLP

Avyse Partners Limited

Eversheds Sutherland (International) LLP

PA CONSULTING SERVICES LIMITED

Baringa Partners LLP

Guidehouse Europe Limited

Aurexia

Exiger Limited

Oliver Wyman

Plenitude Consulting Limited

Milliman LLP

Steve Dixon Associates LLP

Complyport Limited

Capgemini Invent

Mason Advisory Limited

The Berkeley Partnership Llp

NCC Group

Netitude Limited

Orpheus

Security Alliance Limited

CYBERIS LIMITED

Withsecure Limited

Gotham Digital Science Limited

Nettitude Limited

DBRS Limited

Kroll Bond Rating Agency UK Limited

AND Digital

B2E CONSULTING SOLUTIONS LTD

CEPA LLP

EUROPEAN ECONOMIC RESEARCH LIMITED

Fingleton Limited

FTI Consulting LLP

Lipis Advisors Gmbh

Lucerna Partners Limited

Macfarlanes LLP

Mazars LLP

NORTH HIGHLAND UK LIMITED

PROGRAM PLANNING PROFESSIONALS LIMITED

Square 4 Partners Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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