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'Procurement Ai as a Service' Proof of Concept

Financial Conduct Authority

This public procurement record has 1 release in its history.

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12 Oct 2026 at 10:19

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) procured a procurement AI-as-a-service proof of concept. The work is intended to measure the benefits of the service and support a business case for modernising the FCA’s e-sourcing. It concerns software and information systems, with delivery in the United Kingdom.

The procurement is complete and the contract was awarded to Deloitte MCS Limited. It was a below-threshold direct award without competition. The contract was signed on 9 October 2026 and runs from 12 October 2026 to 31 March 2027. Its value is £27,000 excluding VAT (£32,400 including VAT). The process comprised one lot.

For suppliers assessing future work from the FCA, this award indicates demand for procurement AI-as-a-service and proof-of-concept work tied to e-sourcing modernisation. A credible competitor would need to provide an AI service suitable for procurement use and demonstrate its benefits in a way that supports a business case. Relevant experience would include delivering focused proof-of-concept projects and evaluating how technology could support procurement processes. The requirement was handled as a direct award, so this outcome does not provide evidence about competitive evaluation criteria or a wider set of supplier qualifications.

How relevant is this notice?

Notice Information

Notice Title

'Procurement Ai as a Service' Proof of Concept

Notice Description

Sourcing a PAIaaS Proof of Concept to measure benefit to enable Business Case development to support Procurement's eSourcing modernisation

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078558
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/095939-2026
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£27,000 Under £100K

Notice Dates

Publication Date
12 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
12 Oct 2026 - 31 Mar 2027 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
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

Deloitte MCS 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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