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Consultancy Support for Tier 3 Contract Management

Financial Conduct Authority

This public procurement record has 1 release in its history.

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24 Aug 2026 at 09:22

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Conduct Authority procured business and management consultancy support for its Tier 3 Contract Management function. The requirement focused on developing a Target Operating Model for accountability within Tier 3 Contract Management. In practical terms, the work concerns how responsibility, governance and operating arrangements should be designed and managed for this tier of the FCA’s contract management activity. It was a services requirement delivered in London, for the FCA as the buying organisation. The procurement covered a single requirement rather than separate work packages, and was awarded to PA Consulting Services Limited. It is relevant to consultancies with experience in operating-model design, contract management governance and accountability arrangements for public or regulated organisations.

The procurement is complete and the contract was awarded to PA Consulting Services Limited. It was a selective, non-competitive below-threshold award under a framework agreement. The award was made on 4 August 2026, and the contract was signed on that date. The active contract runs from 10 August 2026 to 9 September 2026. Its value is £50,000 excluding VAT and £60,000 including VAT. The process used one completed lot. The evaluation basis is reflected by the framework award route rather than an open competition: the opportunity was awarded under an existing framework without competition. The requirement was for services, classified under business and management consultancy services, and the contract remains active.

This award indicates that the FCA buys focused consultancy support to strengthen accountability and operating arrangements in Tier 3 Contract Management. A credible competitor for similar work would need demonstrable capability in target operating model design, contract management, governance, accountability frameworks and translating those designs into workable organisational arrangements. Experience of supporting a central government or financial-services regulator would help, particularly where services, responsibilities and oversight must be clearly defined. Suppliers should also be able to deliver concise, senior-level consultancy input around an existing contract-management function, rather than only providing general management advice. The route used here shows the relevance of framework access and the ability to secure below-threshold call-off work under a public-sector framework.

How relevant is this notice?

Notice Information

Notice Title

Consultancy Support for Tier 3 Contract Management

Notice Description

Consultancy support required to work on Target Operating Model for the accountability of Tier 3 Contract Management.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ea1f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080154-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - 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

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£50,000 Under £100K

Notice Dates

Publication Date
24 Aug 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Aug 20263 weeks ago
Contract Period
10 Aug 2026 - 9 Sep 2026 30 days
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
Postcode Area
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

PA Consulting Services Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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