This public procurement record has 1 release in its history.

Award

09 Jul 2026 at 08:09

Summary of the contracting process

The Financial Conduct Authority has completed a procurement process for a "Network Upgrade Provider" with the primary location noted as London, United Kingdom. This procurement, classified under the CPV code 32428000 for network upgrades, reached the award stage with a contract period starting from 14th July 2025 to 13th July 2028. The tender, which had a maximum value indicated at £310,000, was conducted through a selective procurement method, particularly as a call-off from a framework agreement. The original tender period concluded on 26th March 2025, and the award was active as of 23rd May 2025.

This tender opens up opportunities for businesses specialising in network services, particularly those with a capacity to execute substantial contracts within the public sector. Although it was not deemed specifically suitable for SMEs or VCSEs, companies of an appropriate scale, such as IT consulting firms, can leverage such contracts to bolster their presence and credibility in the industry. This contract was awarded to UBDS IT CONSULTING LIMITED, demonstrating that businesses with recognised expertise and existing frameworks with public authorities can successfully compete in these procurement processes.

How relevant is this notice?

Notice Title

Network Upgrade Provider

Notice Description

The purpose of this contract is for the supplier to provide a Network Upgrade Provider

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da381844-ce9b-480e-8985-c57481a6905c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/183edc7f-3648-48f5-b02d-7be1b05fec60
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

32 - Radio, television, communication, telecommunication and related equipment


CPV Codes

32428000 - Network upgrade

Notice Value(s)

Tender Value
£310,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,794 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jul 20266 days ago
Submission Deadline
26 Mar 2025Expired
Future Notice Date
Not specified
Award Date
22 May 20251 years ago
Contract Period
13 Jul 2025 - 13 Jul 2028 3-4 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
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
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

UBDS IT CONSULTING

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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