This public procurement record has 1 release in its history.

Award

01 Jul 2026 at 14:36

Summary of the contracting process

The Financial Conduct Authority (FCA), a central government public authority based in London, has completed the procurement process titled "RAIDIAM TESTING ENVIRONMENT INTEGRATION PILOT". This contract falls under the IT services industry category, specifically focusing on consulting, software development, Internet, and support, as well as subscription services. The contract, which commenced on 27th February 2026, was awarded through a direct procurement method below the threshold, without competition. The contract period is from February 2026 to May 2026, with a potential extension of one month available. This initiative is aimed at integrating the Raidiam testing environment with the FCA's Innovation digital sandbox to simulate a real smart data ecosystem.

The awarded contract offers significant opportunities for businesses specializing in IT services, particularly those capable of developing and integrating complex testing environments. SME IT companies like RAIDIAM SERVICES LIMITED, the contract awardee based in London, are well-suited to compete for similar opportunities, thereby enabling business growth by aligning with government digital transformation projects. Additionally, firms that can provide innovative solutions in data ecosystem simulations and model testing that adhere to regulatory frameworks stand to benefit greatly from such initiatives, opening avenues for long-term partnerships with central government entities like the FCA.

How relevant is this notice?

Notice Title

RAIDIAM TESTING ENVIRONMENT INTEGRATION PILOT

Notice Description

Integrating the Raidiam testing environment with the FCA Innovation digital sandbox will allow us to simulate a real smart data ecosystem. Without it, firms will be able to access synthetic data and develop proofs of concept but will not have the ability to test them in a standards aligned environment. This pilot will enable the FCA to assess whether long term partnerships could enable the OF programme to test commercial models and evaluate economic and competition aspects of the regulatory framework. Contract will run between November 2025 and February 2026 and will be a pilot to be considered for BAU in the future.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c19a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/061884-2026
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

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


CPV Codes

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

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£36,000 Under £100K

Notice Dates

Publication Date
1 Jul 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Feb 20264 months ago
Contract Period
27 Feb 2026 - 27 May 2026 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
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

RAIDIAM SERVICES

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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