---
title: "SREP (Supervisory Review and Evaluation Process) AI POC"
ocid: "ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FCA"
published: "2026-05-28"
---

# SREP (Supervisory Review and Evaluation Process) AI POC

Buyer: FCA  
Current stage: Award  
OCID: ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1.json)

## Summary

The public procurement process for the Supervisory Review and Evaluation Process (SREP) AI Proof of Concept project has concluded with the contract awarded. The Financial Conduct Authority (FCA), the buying organisation based in London, led this procurement to integrate Generative AI into the SREP process. This project falls under the IT services industry category, specifically consulting, software development, Internet, and support. Procurement proceeded via a direct method, specifically a single tender action below the threshold, culminating in an active award dated 2nd April 2026, with the contract period running from 2nd April to 30th September 2026. The contract has a total value of £36,000.

This tender represents substantial growth opportunities for businesses specialising in IT services, particularly those with capabilities in AI technology. Although the tender has already been awarded to Capitol AI, INC, the demand showcases the FCA's interest in innovative AI solutions for regulatory processes, suggesting potential future prospects for similarly equipped firms. Businesses adept at navigating direct procurement processes and those capable of delivering specialised tech consultancy could benefit from monitoring similar opportunities with public bodies such as the FCA.

## Notice

Services to run a proof of concept for integrating Generative AI into the SREP process.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/257e07e0-642c-4855-9610-5e8532a7c0e4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 May 2026 |
| Submission deadline | 12 Jan 2026 |
| Future notice date | Not specified |
| Award date | 1 Apr 2026 |
| Contract period | 1 Apr 2026 - 30 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £36,000 |
| Lots value | Not specified |
| Awards value | £36,000 |
| 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 | CAPITOL AI |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 28 May 2026 at 09:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/257e07e0-642c-4855-9610-5e8532a7c0e4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/257e07e0-642c-4855-9610-5e8532a7c0e4
  28th May 2026 - 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-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5b0f62b7-ea6c-4bb4-9822-cd01518459e1.json.