---
title: "Innovation Hub Strategic Market Research"
ocid: "ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FCA"
published: "2025-02-27"
---

# Innovation Hub Strategic Market Research

Buyer: FCA  
Current stage: Award  
OCID: ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2

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## Summary

The Financial Conduct Authority (FCA) has initiated and completed a public procurement process titled "Innovation Hub Strategic Market Research" under the industry category of market research services (CPV code 79310000). The procurement was aimed at producing a report to guide the evolution of the FCA's Innovation Services to support innovative firms and enhance UK competitiveness. The process followed a selective procurement method through a call-off from a framework agreement. The contract, valued at £80,310, was awarded to Ernst & Young LLP. The tender period concluded on 22 January 2025, and the contract was active from 10 February 2025 to 30 April 2025. The project will be executed in London, United Kingdom, with the postal code E20 1JN being specified.

This tender presents significant opportunities for businesses involved in providing market research services, especially those that specialise in enhancing innovation within financial services. Large firms with established frameworks and experience in strategic market analysis stand to benefit the most from such contracts. Companies providing insightful, comprehensive market research can contribute to the FCA's objectives of fostering innovative firms, thereby supporting the growth and competitiveness of the UK's financial sector.

## Notice

Market research to inform the evolution of the FCA's Innovation Services. This will involve producing a report to inform how the FCA's innovation offering, including its Innovation Services, could evolve to further support innovative firms and enhance UK growth and competitiveness.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0232aa4b-5b88-4bb4-aa33-df002039d069 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Feb 2025 |
| Submission deadline | 22 Jan 2025 |
| Future notice date | Not specified |
| Award date | 4 Feb 2025 |
| Contract period | 10 Feb 2025 - 30 Apr 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,310 |
| Lots value | Not specified |
| Awards value | £80,310 |
| 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 | FCA |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79310000 - Market research services

## Release History

- 27 Feb 2025 at 16:13 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0232aa4b-5b88-4bb4-aa33-df002039d069

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0232aa4b-5b88-4bb4-aa33-df002039d069
  27th February 2025 - 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-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-48750f35-2beb-4e6c-bf98-81c5a0267bc2.json.