Tender

CPI Enterprises - FCA Appointed Representative

CENTRE FOR PROCESS INNOVATION LIMITED

This public procurement record has 1 release in its history.

Tender

14 Dec 2022 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The Centre for Process Innovation Limited is seeking proposals for the procurement of CPI Enterprises - FCA Appointed Representative services in Redcar, UK. The tender, with a value of 120,000 GBP, is in the active stage with a submission deadline of January 9, 2023. This opportunity falls under the services category and follows an open procurement method. The tender presents business growth opportunities for firms registered on FCA's Financial Services Register.

Businesses well-suited for this tender include those specialising in financial services and regulatory compliance. The procurement process, managed by the Centre for Process Innovation Limited, offers a chance to engage as an Appointed Representative under the FCA regulatory framework. Interested parties should focus on meeting the mandatory requirements specified for this opportunity to compete effectively and potentially expand their business opportunities in the financial services sector.

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Notice Information

Notice Title

CPI Enterprises - FCA Appointed Representative

Notice Description

This proposal covers the procurement process for CPI Enterprises Ltd ('CPIE') to engage with an Appointed Representative ("AR") that acts as an authorised figure to the regulatory body to the Financial Conduct Authority ("FCA"). An Appointed Representative is a firm who runs FCA regulated activities by acting as an agent for CPIE who is directly authorised by 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 finance (ie an EIS investment vehicle). An AR is a firm who carries on a regulated activity or activities under the responsibility of an authorised financial services firm. The AR regime is a longstanding and widely used feature of UK financial services regulation. The regulatory regime around ARs is intended to provide a proportionate regulatory approach which ensures that principal firms maintain effective systems and controls for overseeing the regulated activities which ARs undertake. The regulatory framework for ARs puts responsibility on the principal to ensure its ARs are carrying on regulated activities with a sufficient level of competence and are meeting relevant regulatory requirements. The AR can provide compliance and risk support from the platforms in-house compliance team which reduces their compliance burden and allows them to focus on their core business activities.

Renewal: Initially up to 24 months initial duration with one additional 24 months period extension options at the discretion of the Authority.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000716919
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC466893
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
£120,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Dec 20223 years ago
Submission Deadline
9 Jan 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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