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Records Management SMEs 26+

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

23 Jul 2026 at 12:13

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) procured specialist records management support to implement and deliver activities that reduce organisational risk and build sustained records management capability. The requirement is a professional services engagement combining records management expertise with technology consulting, software development, internet and support services (CPV 72000000). Work is delivered for the FCA in London, including at its premises at 12 Endeavour Square, London E20 1JN. The procurement is categorised as services and concerns specialist advisory and delivery support rather than the supply of physical goods or construction. It is relevant to consultancies, systems and information management specialists, and professional services firms able to improve records management controls and embed lasting organisational capability.

This procurement has been awarded following a selective call-off from a framework agreement. The tender closed on 29 May 2026 at 17:00. The FCA awarded the contract to Ernst & Young LLP on 16 June 2026 for £8,993,623 including the published currency of GBP. The contract period runs from 1 June 2026 to 31 August 2027. The stated estimated procurement range was £4,995,240 to £8,993,623. The tender is complete and the award is active. The published outcome identifies one supplier and one awarded value. The opportunity was assessed through the framework call-off route; the available procurement record does not state a separate quality, price or other evaluation weighting.

This award shows that the FCA buys substantial, specialist records management support to address risk and establish capability that lasts beyond an individual project. A credible future competitor would need experienced records management consultants who can assess weaknesses, design practical controls, implement improvement activities and support their delivery through to adoption. Relevant capability includes information governance, records lifecycle management, policy and process design, risk management, technology-enabled records solutions and user or organisational change. Suppliers should be able to combine strategic advice with hands-on implementation, work effectively with a financial regulator and provide suitably experienced teams for a sizeable, sustained engagement. The incumbent is a large professional services firm, indicating the scale and breadth of delivery expected for this requirement.

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Notice Information

Notice Title

Records Management SMEs 26+

Notice Description

Specialist Records Management support to implement and deliver activities to reduce risk and build sustained capabilities

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c0b24a73-bdcd-4a06-98a1-4705c50cdf30
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/096d5ed9-9bfd-4009-9745-fbc92563f417
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£8,993,623 £1M-£10M
Lots Value
Not specified
Awards Value
£8,993,623 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Jun 20263 months ago
Contract Period
1 Jun 2026 - 31 Aug 2027 1-2 years
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

Ernst & Young LLP

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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