---
title: "Two reports explaining the quant and qual impacts of AI on the FPS workforce"
ocid: "ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2024-10-07"
---

# Two reports explaining the quant and qual impacts of AI on the FPS workforce

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847)  
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## Summary

The City of London Corporation recently awarded a contract for the development of two reports detailing the quantitative and qualitative impacts of AI on the Financial and Professional Services (FPS) workforce. The procurement process, now in the award stage, involved a direct procurement method under a single tender action below the threshold. The contract, valued at £42,632, was awarded to KPMG and has a project duration from 22 January 2024 to 22 November 2024. The service category under which this contract falls is Research Consultancy Services, and the delivery location is London, UK. Key dates included the tender end date on 22 December 2023, with the contract period starting from 22 January 2024.

This tender offers substantial opportunities for business growth, especially for firms specialising in research consultancy services. SMEs particularly stand to benefit given the suitability criteria that favour them. The contract’s focus on AI's impacts on the FPS workforce presents a lucrative opportunity for companies experienced in technological innovation and workforce analytics. Businesses that are adept at delivering in-depth research and actionable insights in these domains would be well-suited to compete in similar future tenders.

## Notice

Consultant research support for assessing workforce impacts of AI on FPS

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/724852fb-25d9-4c20-81e3-bd1fbcb2f799 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Oct 2024 |
| Submission deadline | 22 Dec 2023 |
| Future notice date | Not specified |
| Award date | 8 Jan 2024 |
| Contract period | 22 Jan 2024 - 22 Nov 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £42,632 |
| Lots value | Not specified |
| Awards value | £42,632 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2V 7HH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KPMG |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73210000 - Research consultancy services

## Release History

- 7 Oct 2024 at 15:51 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/724852fb-25d9-4c20-81e3-bd1fbcb2f799
- 10 Apr 2024 at 11:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/724852fb-25d9-4c20-81e3-bd1fbcb2f799

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/724852fb-25d9-4c20-81e3-bd1fbcb2f799
  7th October 2024 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1527ae85-e7ab-49bf-851d-94da0cc22847.json.