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Full roll out of Cost Based Transparency

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

07 Aug 2025 at 15:19

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a procurement process for the full roll out of Cost Based Transparency, focusing on both front line and enabling functions. This procurement falls under the category of business and management consultancy services, with a contract value of £971,088. The procurement was conducted using a selective method via a call-off from a framework agreement. Located in London, United Kingdom, the process reached its award stage with the contract period starting from 1st July 2025 and ending on 31st March 2026. The award was made to Mason Advisory Limited with the award notice published on 7th August 2025.

This tender presents notable opportunities for businesses specialising in consultancy services, particularly those with expertise in financial regulatory frameworks and cost management. With the FCA being a key regulatory body within the UK financial sector, this contract represents a prestigious opportunity to contribute expertise, potentially enhancing a company's portfolio and reputation in the consultancy domain. Although the tender was not specifically aimed at SMEs or VCSEs, it would appeal to well-established consultancies capable of delivering on complex, large-scale projects within fixed timelines.

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Notice Information

Notice Title

Full roll out of Cost Based Transparency

Notice Description

Roll out of Cost Based Transparency to front line and enabling functions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-df6d9974-17e0-4bbe-a463-a13618221eab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d1e35c2-8739-47c6-85e7-c5c979d9dcc6
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

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£971,088 £500K-£1M
Lots Value
Not specified
Awards Value
£971,088 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20251 years ago
Submission Deadline
30 May 2025Expired
Future Notice Date
Not specified
Award Date
18 Jun 20251 years ago
Contract Period
1 Jul 2025 - 31 Mar 2026 6-12 months
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

Mason Advisory Limited

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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