---
title: "Review study on Who Bears the Cost of Fraud"
ocid: "ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2022-07-18"
---

# Review study on Who Bears the Cost of Fraud

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679.json)

## Summary

The Foreign Commonwealth and Development Office has completed a procurement process for a review study titled "Review study on Who Bears the Cost of Fraud," aimed at analysing the sources and impact of fraud losses. This contract falls under the category of "System quality assurance assessment and review services" with a value of £29,424.47. The contract period commenced on 14th July 2022 and is set to conclude on 14th October 2022, with an option to extend for an additional month. This procurement was initiated through a request for quotation, and it reached its tender submission deadline on 23rd February 2022.

This tender presents a significant opportunity for service-based businesses, particularly those engaged in quality assurance or financial consultancy, to support government analysis on fraud management. Small and medium-sized enterprises (SMEs) would be particularly well-suited to compete for such contracts, given the department's intent to engage with a diverse range of suppliers. The insights gained from this project could enhance the business offerings for those involved and open doors to future collaborations with government departments in similar sectors.

## Notice

The purpose of this review is to support the FCDO in analysing who bears the cost of fraud including the source and impact of loss repayment. In addition, the review should provide assurance on how the department complies with the principles set out in Managing Public Money. Contract duration - 3 months with option to extend for another month.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7fba122c-e234-4643-b1b4-7b36262534c7 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Request for a Quotation |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Jul 2022 |
| Submission deadline | 23 Feb 2022 |
| Future notice date | Not specified |
| Award date | 12 Jul 2022 |
| Contract period | 13 Jul 2022 - 14 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £29,424 |
| Lots value | Not specified |
| Awards value | £29,424 |
| 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 | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 72225000 - System quality assurance assessment and review services

## Release History

- 18 Jul 2022 at 13:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7fba122c-e234-4643-b1b4-7b36262534c7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7fba122c-e234-4643-b1b4-7b36262534c7
  18th July 2022 - 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-c144d465-561d-4f80-bbae-b22b95b44679. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679.json.