Planning

APP Scams Evaluation Consultancy

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Planning

13 May 2025 at 10:00

Summary of the contracting process

The Financial Conduct Authority is spearheading a procurement process titled "APP Scams Evaluation Consultancy," centred on the financial and consultancy services industry. This project is situated in London, United Kingdom, and is currently in the planning stage. The key objective is to engage a consultancy to deliver an independent review assessing the impact of the Payment Systems Regulator's key scams policies. Prospective suppliers must express interest by 19th May 2025, with key discussions scheduled for 20th or 21st May 2025. The contract is valued at £500,000 (gross value of £600,000) and spans from 25th August 2025 to 31st May 2026, making it ideal for well-equipped SMEs.

This tender presents a substantial opportunity for consultancy firms, particularly those with expertise in economic impact assessments and financial consultancy. Businesses specialising in economic evaluations, research, or with experience in the payments sector, stand a good chance of meeting the PSR's requirements. The opportunity encourages SMEs to participate, thereby facilitating business growth potential within the financial consultancy industry. By participating in this procurement process, businesses will have a platform to demonstrate their expertise, engage with leading financial authorities, and potentially expand their influence within the UK's central government public procurement space.

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Notice Title

APP Scams Evaluation Consultancy

Notice Description

We are engaging the market to make providers aware of upcoming economist consultancy opportunity for the PSR.

Planning Information

The Payments Systems Regulator (PSR) would like to engage with prospective suppliers ahead of our planned procurement, which seeks a consultancy to deliver an independent review to assess the impacts of our key APP scams policies. This is inclusive of the Reimbursement Requirement, as well as Confirmation of Payee and the Balanced Scorecard. For further information on APP Scams, please refer to [https://psr.org.uk/our-work/app-scams/]. This will be a c.7 month piece of analytical work, that will involve engagement not just with ourselves, but with wider stakeholders. For instance, interim and final findings would be presented to a wide group, including but not limited to individuals from: the PSR; the Financial Conduct Authority; the Bank of England; His Majesty’s Treasury; industry and consumer representatives. The PSR would like to receive Expressions of Interest for those who would like to better understand the work and its requirements. Suppliers should register their Expression of Interest via the FCA's Procurement portal [https://atamis-fca.my.site.com/s/Welcome]. In those Expressions of Interest suppliers should complete the two requirements by 19th May 2025, providing the following information: - Company Name and Registration Number - Registered Address - Registered Website Address (if applicable) - Lead Contact details including Name, role in organisation, email address and phone number. - A brief summary of your expertise which is relevant to either conducting economic evaluations/research, and/or experience within the payments sector/fraud. Following receipt of Expressions of Interest, the PSR intends to arrange calls with all respondents who it determines have suitable expertise in this area, along with any parties it separately identifies as having expertise. These discussions will focus on the PSR providing an overview of the project, with opportunities for suppliers to ask questions. Session likely to take place 20th or 21st May. We reserve the right to conduct either a group presentation or individual calls.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0511c0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020755-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66171000 - Financial consultancy services

79311400 - Economic research services

79311410 - Economic impact assessment

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
23 May 2025Expired
Award Date
Not specified
Contract Period
24 Aug 2025 - 31 May 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
Not specified

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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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