Award

Skilled Persons' Reporting Framework

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 3 releases in its history.

AwardUpdate

03 May 2017 at 09:12

Award

03 May 2017 at 09:12

Tender

18 Nov 2016 at 20:15

Summary of the contracting process

The Financial Conduct Authority (FCA) is seeking suppliers for the Skilled Persons' Reporting Framework, a contract valued at £120 million aimed at providing financial market regulatory and consultancy services. The procurement process is currently in the award stage, with the contract running from 1 April 2017 to 31 March 2021. Interested suppliers were invited to express their interest by 15 August 2016, and the procurement followed an open procedure, allowing participation from all eligible vendors.

This tender presents significant growth opportunities for businesses capable of delivering skilled person reports and consultancy services within the financial sector. Companies offering financial regulatory services or consultancy, particularly those classed as small and medium enterprises (SMEs), would find this contract suitable and should consider engaging actively in the upcoming procurement or similar opportunities within the industry. Notably, successful applicants may benefit from long-term contracts with the FCA, Bank of England, and Prudential Regulation Authority, enhancing their market presence.

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Notice Title

Skilled Persons' Reporting Framework

Notice Description

The Financial Conduct Authority (the FCA), in conjunction with the Bank of England and the Prudential Regulation Authority is establishing a framework agreement for suppliers to provide skilled person reports. The framework will be owned and managed by the Financial Conduct Authority with provision for it to be used by the Bank of England and the Prudential Regulation Authority. The FCA reserves the right to award Lots to one or multiple suppliers. Additional information: Suppliers Instructions How to Express Interest in this Tender~: 1. Register your company on the eSourcing portal (this is only required once) - Browse to the eSourcing Portal: https://fca.bravosolution.co.uk and click the link to register - Accept the terms and conditions and click 'continue' - Enter your correct business and user details - Note the username you chose and click 'Save' when complete - You will shortly receive an email with your unique password (please keep this secure) 2. Express an Interest in the tender - Login to the portal with the username/password - Click the 'PQQs / ITTs Open To All Suppliers' link. (These are Pre-Qualification Questionnaires or Invitations to Tender open to any registered supplier) - Click on the relevant PQQ/ ITT to access the content. - Click the 'Express Interest' button at the top of the page. - This will move the PQQ /ITT into your 'My PQQs/ My ITTs' page. (This is a secure area reserved for your projects only) -You can now access any attachments by clicking 'Buyer Attachments' in the 'PQQ/ ITT Details' box 3. Responding to the tender - Click 'My Response' under 'PQQ/ ITT Details', you can choose to 'Create Response' or to 'Decline to Respond' (please give a reason if declining) - You can now use the 'Messages' function to communicate with the buyer and seek any clarification - Note the deadline for completion, then follow the onscreen instructions to complete the PQQ/ ITT - There may be a mixture of online and offline actions for you to perform (there is detailed online help available) You must then submit your reply using the 'Submit Response' button at the top of the page. If you require any further assistance please consult the online help, or contact the eTendering help desk.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e9da8614-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3af07f81-67ab-4393-b5ee-ed0982b4524b
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66152000 - Financial market regulatory services

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£120,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£60,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
3 May 20178 years ago
Submission Deadline
15 Aug 2016Expired
Future Notice Date
Not specified
Award Date
30 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2021 4-5 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
THE 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
E14 5HS
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
36
Supplier Names

ALVAREZ & MARSAL GLOBAL FORENSIC AND DISPUTE SERVICES

BARINGA PARTNERS

BARNETT WADDINGHAM

BDO

BOVILL

CHAPELLE CONSULTING

CROWE HORWATH GLOBAL RISK CONSULTING

D-FINE

DELOITTE

DLA PIPER

DUFF & PHELPS

ENTERPRISE LEARNING

ERNST AND YOUNG

EVERSHEDS

GRANT THORNTON

HUNTSWOOD CTC

HYMANS ROBERTSON

KPMG

MACFARLANES

MANAGEMENT SOLUTIONS EUROPE

MARCUSON CONSULTING

MAZARS

MOORE STEPHENS

NORTON ROSE FULBRIGHT

OCREUS

OLIVER WYMAN

PA CONSULTING

PARKER FITZGERALD

PRICEWATERHOUSECOOPERS

PROMONTORY FINANCIAL GROUP (UK

PROTIVITI

REYNOLDS PORTER CHAMBERLAIN LLP (RPC

RSM RISK ASSURANCE SERVICES

SQUIRE PATTON BOGGS

THE BERKELEY PARTNERSHIP

THE CONSULTING CONSORTIUM

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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