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AI Lab Capability Programme

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

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01 Jul 2026 at 12:23

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Conduct Authority, a central government public authority based in London, has completed the procurement process for the "AI Lab Capability Programme." This procurement, categorized within IT services, particularly consulting, software development, internet, and support, took place without competition due to it being below the threshold. The programme is strategically set to be delivered in partnership with the Centre for Finance, Technology and Entrepreneurship Ltd, situated in London. This non-competitive direct procurement approach was finalised with the contract signed on 25 February 2026, covering a period until 31 May 2026, with the complete award notice issued on 1 July 2026.

This tender poses significant business growth opportunities, especially for SMEs within the IT and technology sectors looking to enhance their profile in government-led AI initiatives. The programme encompasses various elements aimed at capability building in AI for finance, including a Supercharged Capability programme and a Global AI in Finance showcase. Companies specialising in IT services related to consulting, software development, and support would find this contract highly beneficial to expand their influence and secure their role as thought leaders in the application of AI in finance. Moreover, such tenders can act as a springboard for partnerships with major government bodies, offering visibility and a platform for further engagements in similar strategic projects.

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Notice Information

Notice Title

AI Lab Capability Programme

Notice Description

The AI Lab capability programme's aim is to support a wider cohort of participants through a strategic partnership with the Centre for Finance, Technology and Entrepreneurship (CFTE) to deliver a comprehensive capability-building programme. This programme will consist of 3 pillars. 1. Supercharged Capability programme 2. The AI in Finance Observatory 3. The Global AI in Finance showcase

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c143
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/061723-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£100,000 £100K-£500K

Notice Dates

Publication Date
1 Jul 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Feb 20264 months ago
Contract Period
25 Feb 2026 - 31 May 2026 1-6 months
Recurrence
Not specified

Notice Status

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

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
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

CENTRE FOR FINANCE, TECHNOLOGY AND ENTREPRENEURSHIP

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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