Award

CON23-247 Provision of Pension Advice

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

23 Apr 2024 at 13:50

Summary of the contracting process

The Financial Conduct Authority has awarded a contract for the provision of Pension Advice through a tender process titled "CON23-247 Provision of Pension Advice." This contract falls under the industry category of Pension fund consultancy services and Financial consultancy services. The contract, valued at £500,000 GBP, has a contract period starting on 1st March 2024 and ending on 1st March 2027. The procurement method used was an Open procedure above threshold, with the tender period closing on 30th December 2023. The contract's delivery addresses are in London, United Kingdom.

This tender for Pension Advice by the Financial Conduct Authority offers opportunities for businesses in the financial consultancy and pension fund consultancy services sectors. Companies targeting service provision in financial management, pension fund consultancy, and related employee benefit arrangements would find this tender suitable for bidding. Businesses looking to provide comprehensive advice and support in pension services and financial planning are encouraged to engage with this procurement opportunity.

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Notice Title

CON23-247 Provision of Pension Advice

Notice Description

The FCA has awarded a contract for the provision of Pension Advice for a period of three years with the provision to extend for an additional year. The services relate to advice requested from time to time by the FCA as the employer of the FCA Pension Plan (The Plan), in relation to the financial management, operation or design of The Plan and employee benefit arrangements.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a7d2aa7e-e3de-4eca-8d2f-5089ba073359
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5ab12796-b158-4483-b326-cfea5232bdb5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20241 years ago
Submission Deadline
30 Dec 2023Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 years ago
Contract Period
1 Mar 2024 - 1 Mar 2027 3-4 years
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
FCA Procurement
Contact Email
chengetai.garaiza@fca.org.uk
Contact Phone
0800 111 6768

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

WTW

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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