This public procurement record has 1 release in its history.

Award

23 Jul 2026 at 11:13

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a procurement process titled "Records Management SMEs 26+." This contract, under the IT services category, specifically targets consulting, software development, internet, and support activities in London, UK. The procurement was conducted via a selective method, using a call-off from a framework agreement. The contract, awarded to Ernst & Young LLP, commenced on 1st June 2026 and will conclude on 31st August 2027. The total contract value amounts to GBP 8,993,623, with the award officially published on 23rd July 2026.

This tender provides significant opportunities for large enterprises specialising in IT consulting and software development. While not specifically tailored for SMEs or VCSEs, the contract's scope in managing specialist records and risk reduction makes it ideal for established companies experienced in comprehensive IT service delivery. The selected procurement method from a framework ensures engagement with a competitive pool of pre-qualified suppliers, providing successful bidders with substantial leverage to expand their service footprint in association with a high-profile client like the FCA.

How relevant is this notice?

Notice Title

Records Management SMEs 26+

Notice Description

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

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 20261 weeks ago
Submission Deadline
29 May 2026Expired
Future Notice Date
Not specified
Award Date
15 Jun 20261 months ago
Contract Period
31 May 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

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

ERNST & YOUNG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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