This public procurement record has 3 releases in its history.

AwardUpdate

06 Aug 2026 at 12:52

Award

06 Aug 2026 at 12:36

Award

13 May 2026 at 07:48

Summary of the contracting process

The Financial Conduct Authority (FCA), located in London, United Kingdom, has recently concluded a public procurement process for "Media Planning and Buying Services". This contract was awarded on 8th July 2026 to Wavemaker Ltd via Lot 1 of the Media and Creative Services Framework Agreement (RM6364). The procurement process, governed by the Procurement Act 2023, utilised a selective method, allowing the FCA to directly award the contract without competition under the established framework. This contracting process focuses on services within the advertising and marketing industry and is classified under the CPV codes 79340000 and 79341400. The service agreement is scheduled to last until 14th June 2030, with a total contract value grossing £34,000,000, managed actively by the FCA.

This tender represents a substantial opportunity for businesses specialising in media strategy, planning, and buying, as it is not only lucrative but also extends over several years, allowing for sustained business growth and client relationship building. Given the scale of the contract and its focus on media services, large enterprises with expertise in advertising and marketing would find this contract particularly beneficial. The structured framework process also signifies a well-regulated environment with performance and compliance checks, which favours businesses with robust operational and financial management systems. This framework-driven process reflects a commitment to maintaining high standards and performance, offering firms a significant platform to showcase their capability at a national level.

How relevant is this notice?

Notice Title

Media Planning and Buying Services

Notice Description

Media strategy, planning and buying services call-off contract for the FCA. Award to Wavemaker Ltd via Lot 1 of the Media and Creative Services Framework Agreement (RM6364). The Procurement Act 2023 permits an award without competition (direct award) where a Framework Agreement has been established through a compliant competitive process. The RM6364 Framework fully satisfies this requirement. GCA (formerly CCS) maintains robust supplier relationship management, including quarterly financial compliance audits, annual price performance audits and bi-annual customer satisfaction surveys. GCA has run a competitive process and awarded a sole supplier to Lot 1 of the Framework for media strategy, planning and buying services.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06972c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/074763-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Award under framework
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

79340000 - Advertising and marketing services

79341400 - Advertising campaign services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£28,333,333 £10M-£100M
Contracts Value
£28,333,333 £10M-£100M

Notice Dates

Publication Date
6 Aug 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 May 20263 months ago
Contract Period
7 Jul 2026 - 14 Jun 2030 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Additional Buyers

THE 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
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

WAVEMAKER LTD T/A WPP650

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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