Award

Motor Finance Review - Analytical Support

FCA

This public procurement record has 1 release in its history.

Award

19 Sep 2024 at 16:21

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the procurement process for the Motor Finance Review - Analytical Support project, falling under the Financial market operational services industry category and located in London, United Kingdom. The tender process employed a selective procurement method, specifically a call-off from a framework agreement, and concluded with an award on 30th August 2024. The contract, valued at £186,624, was awarded to European Economic Research Limited, effective from 16th September 2024 until 17th March 2025. Key dates include the tender period end on 27th August 2024 and the contract's publication date of 19th September 2024.

This tender presents significant opportunities for businesses specialising in market, competition, financial, and consumer analysis within the financial services sector. Firms with the capability to provide comprehensive and high-quality analytical support to regulatory bodies can leverage this opportunity for growth. Although the procurement method was selective, suggesting the necessity for prior inclusion in the framework agreement, businesses with relevant expertise and the ability to meet stringent FCA standards stand to benefit from such opportunities in future calls. The involvement of SMEs and VCSEs was not specified, indicating a focus on larger or more specialised firms for this procurement.

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Notice Information

Notice Title

Motor Finance Review - Analytical Support

Notice Description

The role holder(s) will provide a combination of additional capacity and capability covering market, competition, financial and consumer analysis in support of the FCA's review of discretionary commission arrangements in motor finance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a8f162b1-816a-4848-93a5-037b735771c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cb14b3d-e349-401f-9c4b-42453831fb42
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

66 - Financial and insurance services

CPV Codes

66151000 - Financial market operational services

Notice Value(s)

Tender Value
£186,624 £100K-£500K
Lots Value
Not specified
Awards Value
£186,624 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Sep 20241 years ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
29 Aug 20241 years ago
Contract Period
15 Sep 2024 - 17 Mar 2025 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
FCA
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

EUROPEAN ECONOMIC RESEARCH

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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