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SMCR Project - Innovation and Delivery Partner

Financial Conduct Authority

This public procurement record has 1 release in its history.

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22 Jul 2026 at 17:29

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) procured an innovation and delivery partner for its SMCR project. The requirement was for systems and technical consultancy services to help identify the benefits of the regime and provide design assurance. This is a professional services engagement combining advisory, innovation and delivery support rather than the supply of a standard product or physical works. The work is delivered in London, including at the FCA’s premises at Endeavour Square, E20 1JN. The appointed supplier is expected to work closely with the FCA to understand the regime’s intended benefits and test or assure the design of the resulting approach. The requirement sits within the services category and is relevant to consultancies with regulatory, transformation, technology assurance or delivery-partner expertise.

The procurement is complete and was awarded to Mason Advisory Limited on 26 March 2026. The awarded contract value is £318,830. The contract period runs from 14 April 2026 to 13 April 2027. It was a selective procedure using a call-off from a framework agreement, with bids due by 19 February 2026 at 12:00 UTC. The published process records an active award and no separate lots. The stated requirement concerned support to identify regime benefits and provide design assurance in SMCR. The award was made to a single supplier. The procurement was classified as systems and technical consultancy services, with London as the delivery location. The recorded tender value and award value are both £318,830.

This award indicates demand from the FCA for specialist partners able to combine regulatory understanding with innovation, service or operating-model design, technical assurance and delivery capability. A credible competitor for a future requirement of this type would need to show experience of working in regulated environments, translating policy or regime objectives into practical benefits, and independently assuring designs before implementation. The work also calls for the capacity to operate as an integrated partner rather than provide isolated consultancy advice, with strong stakeholder management and the ability to support delivery through a defined programme. The original procurement was not identified as suitable for SMEs or voluntary, community and social enterprises, so established consultancies or well-resourced specialist firms are the closest match.

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Notice Information

Notice Title

SMCR Project - Innovation and Delivery Partner

Notice Description

Provide support to identify regime benefits and design assurance in SCMR.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9c3ad881-c374-4852-bbf4-339ba7516b09
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bca4e862-b7e2-4863-a3fb-926dbfdb9ad0
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

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

CPV Codes

72220000 - Systems and technical consultancy services

Notice Value(s)

Tender Value
£318,830 £100K-£500K
Lots Value
Not specified
Awards Value
£318,830 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Mar 20266 months ago
Contract Period
14 Apr 2026 - 13 Apr 2027 6-12 months
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
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

Mason Advisory Limited

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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