Award

GB-London: CON-20-175 Regulatory and Competition Economic Advice

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

03 Dec 2020 at 11:00

Summary of the contracting process

The Financial Conduct Authority, based in London, has recently completed a procurement process for regulatory and competition economic advice, titled "GB-London: CON-20-175 Regulatory and Competition Economic Advice". This tender falls under the financial consultancy services category and had a total value of £230,400. The procurement was initiated with a tender period that concluded on 23 November 2020, with the contract period set from 1 December 2020 to 30 November 2021. The procurement method details were not specified.

This contract presents valuable opportunities for businesses, particularly those specialising in financial consultancy and regulatory economics, to engage with the Financial Conduct Authority. The successful supplier, Regulatory Economics, is a smaller-sized company, indicating that similar SMEs could be well-positioned to compete for such contracts in the future. Strengthening expertise in competition analysis and cost assessment within the cash system could attract various businesses looking to expand their capabilities in regulatory consultancy.

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Notice Title

GB-London: CON-20-175 Regulatory and Competition Economic Advice

Notice Description

The PSR is developing its approach to how it regulates the NPA and other payment systems and participants. The Supplier will be responsible for providing expert economic advice on all aspects of the cash system including but not limited to competition analysis and cost assessment.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-63f30a18-5b95-4419-97de-39bc2939700a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5fdb87cb-0451-4163-a4cd-1f2d480300b5
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
Not specified
Tender Suitability
VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£230,400 £100K-£500K
Lots Value
Not specified
Awards Value
£230,400 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20205 years ago
Submission Deadline
23 Nov 2020Expired
Future Notice Date
Not specified
Award Date
23 Nov 20205 years ago
Contract Period
1 Dec 2020 - 30 Nov 2021 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
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

REGULATORY ECONOMICS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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