Award

Cost Based Transparency - Pilot Expansion

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

29 Apr 2025 at 10:31

Summary of the contracting process

The Financial Conduct Authority has concluded a procurement process titled "Cost Based Transparency - Pilot Expansion," under the industry category of business and management consultancy services. This tender, classified with the CPV code 79400000, involved a call-off from a framework agreement using a selective procurement method. The procurement process reached the award stage and the contract was awarded to Mason Advisory Limited. The contract, valued at £209,448, will be carried out in London, with the contract period running from 14th April 2025 to 30th June 2025. The awarding of the contract was officially published on 29th April 2025.

This procurement process offers substantial opportunities for firms experienced in consultancy services, particularly those specialising in business management and transparency initiatives. Although this particular contract award does not welcome SMEs or VCSEs specifically, companies with capabilities to deliver innovative and effective transparency solutions are well-suited to engage in similar tenders offered by the Financial Conduct Authority. These contracts, focused on enhancing operational transparency within directorates, are ideal for seasoned consultancy firms seeking to expand their influence and footprint in the regulatory and financial management consultancy domain.

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Notice Title

Cost Based Transparency - Pilot Expansion

Notice Description

Extend the Cost Based Transparency (CBT) Proof of Concept to one directorate.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d7ddcae9-8cff-4331-8b48-c2486718fac9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bfe97af3-7ab5-462c-afc1-474d645bcdd3
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

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
£209,448 £100K-£500K
Lots Value
Not specified
Awards Value
£209,448 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 202510 months ago
Submission Deadline
1 Apr 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 202510 months ago
Contract Period
13 Apr 2025 - 30 Jun 2025 1-6 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
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
STRATFORD CROSS
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

MASON ADVISORY

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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