This public procurement record has 1 release in its history.

Award

23 Oct 2026 at 09:59

Summary of the contracting process

The Financial Conduct Authority bought an agile data team to support its work improving financial supervision through better use of entity and regulatory data. The team comprises a Data Lead managing three Data Analysts. Its work supports the FCA’s testing programme for a new data collection for funds: presenting test data to fund supervisors, for example through a dashboard, gathering their feedback and acting on it. This may involve redesigning the dashboard or identifying data gaps that need fixing. The purpose is to help supervisors draw actionable insights from the collected data, identify risks, prioritise interventions and monitor firms. This is data-focused business and management consultancy, with delivery in the United Kingdom.

The procurement is complete and was awarded to Ernst & Young LLP on 12 October 2026. The award value is £290,000 excluding VAT (£348,000 including VAT). The contract period runs from 28 October 2026 to 26 February 2027, with a stated three-month extension option and a maximum extent date of 25 May 2027. The competition was selective and the contract was awarded under a framework. It was a single lot, and the process was competitive. The work was evaluated through the procurement process; the published details do not set out the award criteria. The award is active, and a contract signature milestone was scheduled for 23 October 2026.

For suppliers tracking the FCA’s demand for data-led supervisory support, this award shows a requirement for a coordinated team rather than a single specialist: a Data Lead able to manage three Data Analysts. Credible delivery calls for the ability to work with entity, regulatory and funds data, turn test data into useful presentations such as dashboards, and engage supervisors to gather and act on feedback. Suppliers would also need to connect that work to practical outcomes: identifying data gaps, improving analytical tools, helping supervisors identify risks, prioritise interventions and monitor firms. The buyer used a competitive award under a framework, so relevant framework access and the capacity to supply a managed, agile team are commercially pertinent. The work is specifically tied to FCA financial supervision, not general-purpose dashboard development.

How relevant is this notice?

Notice Information

Notice Title

FRAME Data Team

Notice Description

These roles form an agile team, with the Data Lead managing the three Data Analysts. The team supports the objective of enhancing supervisory effectiveness through better use of entity and regulatory data -- transforming how Supervision teams identify risks, prioritise interventions and monitor firms through data. The FCA is running a testing programme of a new data collection for funds. We want to know whether the data we're collecting enables fund supervisors to draw actionable insights. To do this, we need to present the test data to them (e.g. In a dashboard), collect their feedback, and act on it; this could mean redesigning the dashboard, or identifying a data gap that should be fixed.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078e81
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/100268-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
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

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£290,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Oct 20262 weeks ago
Contract Period
28 Oct 2026 - 26 Feb 2027 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

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

Ernst & Young LLP

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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