Award

GB-London: CON-23-217 Cost Benefit Analysis Support for the PSR

PAYMENT SYSTEMS REGULATOR

This public procurement record has 1 release in its history.

Award

16 Oct 2023 at 14:35

Summary of the contracting process

The Payment Systems Regulator has awarded a contract for cost benefit analysis support in London. The contract, with an initial term of 6 months and an option to extend for a further 3 months, is valued at £119,542. The tender period ended on 28th September 2023, with the contract period running from 16th October 2023 to 15th April 2024. The procurement falls under the category of business and management consultancy services.

This contract award presents an opportunity for businesses in the consultancy services industry to engage with the Payment Systems Regulator. Companies specialising in cost benefit analysis and related consultancy services are well-suited to compete for this contract. The award offers a scope for growth and collaboration within the payment systems sector.

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Notice Title

GB-London: CON-23-217 Cost Benefit Analysis Support for the PSR

Notice Description

The purpose of this engagement is to support the PSR in producing a cost benefit analysis (CBA) as part of its work on open banking payments. The contract shall be let for an initial term of 6 months, with the option to extend for a further 3 months.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be5a5a11-ba44-484e-8d9b-0f07e1f61471
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4721e0c5-2368-445c-8e68-d01f16befeb0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£119,542 £100K-£500K
Lots Value
Not specified
Awards Value
£119,542 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20232 years ago
Submission Deadline
27 Sep 2023Expired
Future Notice Date
Not specified
Award Date
27 Sep 20232 years ago
Contract Period
15 Oct 2023 - 15 Apr 2024 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
PAYMENT SYSTEMS REGULATOR
Contact Name
Laura McKee
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
02070661000

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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

PA CONSULTING SERVICES

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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