Award

CPI Enterprises - FCA Specialist Consultancy

CENTRE FOR PROCESS INNOVATION LIMITED

This public procurement record has 2 releases in its history.

Summary of the contracting process

The procurement process for the contract "CPI Enterprises - FCA Specialist Consultancy" is led by the Centre for Process Innovation Limited. This procurement falls under the industry category of services and is located in Redcar, UK. The process has reached the award stage, with the contract valued at £60,000 signed on 15th March 2023 by Adempi Associates LLP, a small and medium enterprise (SME) supplier.

This tender presents business growth opportunities for consultancy firms specialising in financial regulatory compliance, particularly with the Financial Conduct Authority (FCA). Businesses capable of assisting companies like CPI Enterprises Ltd in attaining FCA authorisation are well-suited to compete in this procurement. The submission deadline for this tender was 9th January 2023, focusing on providing key consultancy services to ensure compliance with financial regulations, demonstrating the importance of regulatory adherence for business growth.

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Notice Title

CPI Enterprises - FCA Specialist Consultancy

Notice Description

It is proposed to bring CPI Enterprises Ltd ("CPIE") up to industry standard in terms of regulation with Financial Conduct Authority ("FCA"). This covers the proposal to run the procurement process for CPI Enterprises Ltd ('CPIE') to engage with an advisor that assists with CPIE becoming as an authorised figure with the FCA.

Lot Information

Lot 1

CPIE strategy is to become industry standard in terms of rules and regulation. This will also enable CPIE to raise external funds (i.e. an EIS investment vehicle). Preparing, managing and collating all the data required to submit an application to the FCA is very complex and extremely time consuming. It is very important that the FCA is satisfied that CPIE is in a position to obtain authorisation and CPIE understands its legal obligations, and the application therefore needs to reflect this. The process will be dependent on the complexity of the application, any additional checks required for approved persons and the detail required during the rounds of questioning. Following the submission of the CPIE's application to the FCA, the advisor will provide advice and assistance regarding the process and key stages the FCA undertake during the application process. This can include, advising CPIE on replying to correspondence from the FCA and drafting the responses, preparing CPIE for an interview or attending alongside a meeting with the FCA and assisting CPIE with key deliverables the FCA require in order for CPIE to gain authorisation.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000716884
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR477091
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
£100,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£60,000 Under £100K

Notice Dates

Publication Date
25 Apr 20232 years ago
Submission Deadline
9 Jan 2023Expired
Future Notice Date
Not specified
Award Date
15 Mar 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CENTRE FOR PROCESS INNOVATION LIMITED
Contact Name
Not specified
Contact Email
e-tendering@uk-cpi.com
Contact Phone
+44 1642455340

Buyer Location

Locality
REDCAR
Postcode
TS10 4RF
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Redcar and Cleveland
Electoral Ward
Dormanstown
Westminster Constituency
Redcar

Supplier Information

Number of Suppliers
1
Supplier Name

ADEMPI ASSOCIATES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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