---
title: "Motor Finance Consumer Redress Scheme - Independent Model Validation"
ocid: "ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FCA"
published: "2026-01-30"
---

# Motor Finance Consumer Redress Scheme - Independent Model Validation

Buyer: FCA  
Current stage: Award  
OCID: ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa)  
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## Summary

The Financial Conduct Authority (FCA) has completed the procurement process for an independent model validation to support the Motor Finance Consumer Redress Scheme. This procurement falls under the services category with a focus on economic impact assessments. The project, located in London, was conducted using a selective method via a call-off from a framework agreement. The tendering phase concluded on 30th December 2025, and the contract will run from 12th January 2026 to 27th March 2026. The awarded contract, valued at £58,117.50, was announced on 30th January 2026, and was given to GRANT THORNTON UK ADVISORY & TAX LLP.

This opportunity presents considerable potential for businesses specializing in economic impact assessments, particularly those with capabilities in validating models related to financial services and consumer protection. While this tender did not specifically suit smaller enterprises or voluntary, community and social enterprises (VCSEs), similar future opportunities may arise within the framework, offering avenues for consultancy firms with expertise in model validation and economic analysis to engage in impactful projects within the financial sector.

## Notice

This requirement is for an independent model validation to be used to support the Motor Finance redress scheme and provide an objective opinion on the suitability of the model for the outlined use(s).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d56e3085-1e5b-4edb-bb19-bf305c6da4d8 |
| 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 | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Jan 2026 |
| Submission deadline | 30 Dec 2025 |
| Future notice date | Not specified |
| Award date | 2 Jan 2026 |
| Contract period | 12 Jan 2026 - 27 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £69,741 |
| Lots value | Not specified |
| Awards value | £58,117 |
| 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 | GRANT THORNTON UK ADVISORY & TAX |

## CPV Codes

### Divisions

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

### Codes

- 79311410 - Economic impact assessment

## Release History

- 30 Jan 2026 at 09:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d56e3085-1e5b-4edb-bb19-bf305c6da4d8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d56e3085-1e5b-4edb-bb19-bf305c6da4d8
  30th January 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-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7847cce7-751a-4b33-83b5-319afddcd2aa.json.