Award

Future of Open Finance Sprint

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

16 May 2025 at 09:53

Summary of the contracting process

The Financial Conduct Authority, based in London, orchestrated a public procurement process titled "Future of Open Finance Sprint" aimed at advancing the agency's 2025 strategy. This procurement, classified under services, included market and economic research and business consultancy as its core offerings. The process used a direct procurement method below the threshold, without competition. The contract was finalised with Treehouse Innovation Ltd, a large-scale supplier from Golborne, with the award being active since 16th May 2025. Key dates include the contract period from 10th March 2025 to 7th July 2025, with a gross value of GBP 96,000. The main delivery location is the UKI region in the United Kingdom.

This tender provides growth opportunities for businesses involved in market research and business consultancy services. Enterprises capable of managing and facilitating strategic projects in financial sectors can benefit significantly. With a focus on accelerating Open Finance initiatives, businesses with expertise in similar financial strategies are well-suited to leverage opportunities from this contract. The buying organisation, renowned in the UK financial sector, offers a credible collaboration that aids in enhancing the reputation and portfolio of service providers involved.

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Notice Title

Future of Open Finance Sprint

Notice Description

This contract is to provide support to design, organise, manage, and facilitate a sprint on the future of Open Finance in order to enable the project's acceleration and support the implementation of the FCA's strategy 2025.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051585
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022106-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79300000 - Market and economic research; polling and statistics

79400000 - Business and management consultancy and related services

79900000 - Miscellaneous business and business-related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£80,000 Under £100K

Notice Dates

Publication Date
16 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Mar 202511 months ago
Contract Period
10 Mar 2025 - 7 Jul 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
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

Supplier Information

Number of Suppliers
1
Supplier Name

TREEHOUSE INNOVATION

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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