Economic Value of Financial Regulation

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

19 Jun 2026 at 09:25

Summary of the contracting process

The contracting process led by the Financial Conduct Authority (FCA) has culminated in the award of a contract titled "Economic Value of Financial Regulation," classified under Economic research services. The procurement, aimed at estimating the economic value of FCA-related activities against a scenario devoid of regulation, was executed with a value of £45,000. The procurement process followed a selective method via a call-off from a framework agreement. The awarded contract period runs from 16th March 2026 to 31st July 2026. The FCA, located in London, commissioned this service in the services category, with the tender stage now complete as of June 2026.

This tender opens avenues for growth particularly for consultancies and economic research firms specialising in financial regulation. The selective procurement method indicates a preference for experienced suppliers with existing frameworks, offering business opportunities for companies that can demonstrate robust expertise and prior engagement in regulatory economic assessments. The non-suitability for SMEs and VCSEs directs this towards larger consultancies, like GRANT THORNTON UK ADVISORY & TAX LLP, the awarded supplier, who are capable of delivering comprehensive and independent consultancy services to assess regulatory impacts effectively.

How relevant is this notice?

Notice Title

Economic Value of Financial Regulation

Notice Description

Procurement for an independent expert/consultancy to estimate the economic value of FCA related activities and the value of the full regulatory framework against a counterfactual of 'no regulator' (i.e. left to industry standards).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9655f85c-03ad-4eed-aae4-a743bdac0ab0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/46096394-951b-42f7-873a-d0b934c38942
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

79311400 - Economic research services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20261 weeks ago
Submission Deadline
23 Jan 2026Expired
Future Notice Date
Not specified
Award Date
16 Mar 20263 months ago
Contract Period
16 Mar 2026 - 31 Jul 2026 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
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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON UK ADVISORY & TAX

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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