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SMCR Project - Innovation and Delivery Partner - Contract modification

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

17 Aug 2026 at 15:18

Award Notice
Summary of the contracting process

The Financial Conduct Authority procured additional adjacent services through a modification to its SMCR Project – Innovation and Delivery Partner contract. The requirement is for systems and technical consultancy services supporting the SMCR project, with delivery in London. The work is categorised as services and concerns an established innovation and delivery partnership rather than a standalone supply of products or construction works. The appointed supplier is Mason Advisory Limited. The buyer is the Financial Conduct Authority, based at Endeavour Square in London. The requirement is therefore relevant to consultancies providing technology, systems, innovation and delivery expertise for financial-regulatory or similarly complex organisational change programmes.

This procurement is complete and has been awarded following a selective procedure using a call-off from a framework agreement. The contract was awarded to Mason Advisory Limited on 26 March 2026 for £558,516 including the stated currency of GBP. The published estimated range was £318,830 to £558,516. The contract period runs from 14 April 2026 to 13 April 2027. The original contract was modified to include additional adjacent services. The tender submission deadline was 19 February 2026 at 12:00 UTC. The award is active, and the recorded outcome relates to one supplier and one contract modification for services delivered in London.

For suppliers assessing future opportunities with the Financial Conduct Authority, this award demonstrates demand for specialist systems and technical consultancy within a substantial regulatory change project. A credible competitor would need to provide an innovation and delivery partner capability, combining technical systems advice with practical delivery support and the ability to extend an established project service into adjacent requirements. Access to, and experience of working through, a relevant framework would be important because this requirement was placed as a framework call-off using a selective route. The procurement was assessed as unsuitable for SMEs and voluntary, community or social enterprises, indicating that the buyer sought a comparatively substantial, established consultancy able to support a complex programme.

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Notice Information

Notice Title

SMCR Project - Innovation and Delivery Partner - Contract modification

Notice Description

This is a modification relating to the SMCR Project - Innovation and Delivery Partner Contract (see link - https://www.contractsfinder.service.gov.uk/Notice/bca4e862-b7e2-4863-a3fb-926dbfdb9ad0) The original contract has been modified to include additional adjacent services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f84ed2c9-58f8-48c0-b581-b727e80bf766
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c1d5151-cf8f-4f94-914a-88b9ad69d9f5
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

72220000 - Systems and technical consultancy services

Notice Value(s)

Tender Value
£558,516 £500K-£1M
Lots Value
Not specified
Awards Value
£558,516 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20261 weeks ago
Submission Deadline
19 Feb 2026Expired
Future Notice Date
Not specified
Award Date
26 Mar 20265 months ago
Contract Period
14 Apr 2026 - 13 Apr 2027 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)

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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