Award

A2A Economist Support

FCA

This public procurement record has 1 release in its history.

Award

10 Sep 2024 at 09:45

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a procurement process titled "A2A Economist Support" in the industry category of Business and Management Consultancy Services. Located in London, the procurement aims to develop an access price for Phase I VRP and provide economic rationale for intervention, including advising on mandated sending firms. This selective procurement was a call-off from a framework agreement, with the contracting stage being an award. Key dates include the end of the tender period on 7 August 2024, the start of the contract on 2 September 2024, and an end date of 1 January 2025. The contract, valued at £104,400, was awarded to GRANT THORNTON LLP.

This tender represents a significant opportunity for businesses in the consultancy services sector to engage with the FCA, offering a chance to showcase expertise in economic analysis and advisory services. Companies with robust capabilities in business consultancy, particularly those experienced in economic evaluations and working within regulated industries, would find this contract beneficial. Although the suitability criteria did not specifically target SMEs or VCSEs, larger consultancy firms and partnerships are well-suited to undertake such complex and high-value projects, driving business growth through strategic collaborations and high-profile client engagement.

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Notice Title

A2A Economist Support

Notice Description

The work will focus on developing an access price for Phase I VRP and the supplier will also contribute to the economic rationale for intervention, advising on which sending firms should be mandated and the CBA.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fdac74fb-eae3-4fb4-89c4-93d7f0bf168c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/641163ed-0914-4589-bde3-c2f6388defe2
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
£104,400 £100K-£500K
Lots Value
Not specified
Awards Value
£104,400 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20241 years ago
Submission Deadline
7 Aug 2024Expired
Future Notice Date
Not specified
Award Date
18 Aug 20241 years ago
Contract Period
1 Sep 2024 - 1 Jan 2025 1-6 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
FCA
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
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

GRANT THORNTON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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