Award

Consultancy Support for SPC Operating Model

FCA

This public procurement record has 1 release in its history.

Award

10 Apr 2025 at 13:33

Summary of the contracting process

The Financial Conduct Authority (FCA) has concluded the award stage for a contract titled "Consultancy Support for SPC Operating Model," categorized under Business and management consultancy services. The project aims to enhance efficiency, effectiveness, and accountability within the SPC division, aligning it with the FCA-wide regulatory model. The awarded contract, valued at £335,640 GBP, has been given to PA Consulting Services Ltd for execution between 24 April 2025 and 24 April 2026. The procurement method employed was selective, specifically through a call-off from a framework agreement, reflecting its execution in London, United Kingdom.

This tender represents significant growth opportunities for consultancy firms specialized in business and management consultancy services, particularly those with expertise in regulatory models and operational transformation within financial institutions. Companies that possess robust experience in delivering strategic consultancy and operational enhancement projects are ideally suited to compete for similar contracts. It demonstrates a trend within the public sector procurement for specialized consultancy expertise to drive organizational improvements.

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Notice Title

Consultancy Support for SPC Operating Model

Notice Description

This award is for a contract to support the delivery of the FCA's operating model transformation project in its SPC division to become more efficient, effective, and accountable, with alignment to an FCA-wide regulatory model.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e96848da-eb05-4bac-aac1-38f6cba97825
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f277d31a-5a96-4865-84d6-0a0bd4fdfc5a
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
£335,640 £100K-£500K
Lots Value
Not specified
Awards Value
£335,640 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 202510 months ago
Submission Deadline
7 Feb 2025Expired
Future Notice Date
Not specified
Award Date
27 Mar 202511 months ago
Contract Period
23 Apr 2025 - 24 Apr 2026 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
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
0800 111 6768

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

PA CONSULTING SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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