This public procurement record has 1 release in its history.

Award

07 Jul 2026 at 09:57

Summary of the contracting process

The Financial Conduct Authority recently completed a procurement process titled "Data Recovery Tool" within the IT services industry, specifically focusing on consulting, software development, internet, and support, classified under CPV code 72000000. This selective call-off from a framework agreement was aimed at procuring a data recovery solution with a contractual value of £73,769.68. The procurement involved an award stage that commenced on 5th December 2025 and concluded with the contract starting on 15th December 2025 and expected to end on 14th December 2026. The location for service delivery is London, United Kingdom. Although the procurement was not targeted specifically at SMEs or VCSEs, it was part of a significant financial transaction with Phoenix Software Limited, who was awarded the contract.

This tender presents a substantial business growth opportunity for IT service providers by offering a high-profile client in the Financial Conduct Authority. Companies involved in providing data recovery solutions, software development, and IT support services have the potential to benefit significantly from similar contracts due to the visibility and prestige associated with working with governmental bodies. While this specific contract was awarded to a large-scale enterprise, businesses looking to expand their portfolio within public sector engagements should closely monitor such opportunities within framework agreements, particularly those seeking to increase their presence in London and across the United Kingdom.

How relevant is this notice?

Notice Title

Data Recovery Tool

Notice Description

The purpose of this contract is to provide a data recovery solution

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-71e8d943-c917-41ef-8951-262f90f1d05d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ff08bfbd-4183-423f-8d8e-250454b444c2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£73,769 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jul 20261 weeks ago
Submission Deadline
28 Nov 2025Expired
Future Notice Date
Not specified
Award Date
5 Dec 20257 months ago
Contract Period
15 Dec 2025 - 14 Dec 2026 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
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

PHOENIX SOFTWARE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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