This public procurement record has 2 releases in its history.

Award

13 Aug 2026 at 07:54

Award

13 Aug 2026 at 07:54

Summary of the contracting process

The Financial Conduct Authority (FCA) procured a software asset management (SAM) service renewal for its existing Flexera toolset. The requirement covers continued use of the Flexera platform and associated support for the FCA’s London operations, maintaining continuity with its existing software asset management arrangements. It is an IT service covering software and support, rather than new software implementation or general consultancy. The procurement relates to the FCA’s wider SaaS module arrangements, which are already supplied by Insight Direct (UK) Ltd. Suppliers with experience providing and supporting Flexera or comparable SAM platforms to public sector or regulated organisations would be relevant to this type of requirement.

This procurement is complete and was awarded through a selective call-off from a framework agreement. The tender submission deadline was 7 June 2026 at 12:00. The estimated procurement value was £200,000. FCA awarded the contract to Insight Direct (UK) Ltd on 15 June 2026 for £210,000. The awarded contract period runs from 1 July 2026 to 30 June 2027, covering 12 months. The award is recorded as active. The procurement was classified as IT services, including consulting, software development, internet and support. The published outcome records one supplier and one requirement; the two award entries report the same supplier, value, award date and contract period and are not separate awards.

For a supplier that did not win this procurement, the award demonstrates established demand from the FCA for continuity of a Flexera-based software asset management service delivered through a framework call-off. A credible future competitor would need strong capability in Flexera licensing, software inventory, compliance and optimisation, together with the operational capacity to support an established enterprise environment without disruption. Experience managing SaaS modules and integrating with an incumbent software estate would be particularly relevant, as would a track record of service continuity for a regulated public body. The procurement was assessed as unsuitable for SMEs and voluntary, community or social enterprises, indicating that the buyer’s expectations favour suppliers with substantial delivery capacity, framework access and established support arrangements.

How relevant is this notice?

Notice Title

Flexera renewal 26

Notice Description

12 month of renewal of our existing SAM toolset Flexera. Contract ends 30/06/2026 and must be renewed to ensure continuity of service. Insight is our existing supplier who hold our other contract for SaaS module.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f29673f7-5ffa-4235-8dc6-7179224bce16
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77b95440-341c-4fdd-830e-3a82bec05483
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

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£210,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20262 weeks ago
Submission Deadline
7 Jun 2026Expired
Future Notice Date
Not specified
Award Date
15 Jun 20262 months ago
Contract Period
1 Jul 2026 - 30 Jun 2027 6-12 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
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

Insight Direct (UK) Ltd

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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