--- title: "AI Live Testing Support" ocid: "ocds-h6vhtk-055b82" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-055b82" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-055b82.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-055b82.json" source: "Find A Tender Service" current_stage: "Award" buyer: "FCA" published: "2026-05-29" --- # AI Live Testing Support Buyer: FCA Current stage: Award OCID: ocds-h6vhtk-055b82 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-055b82) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-055b82.json) ## Summary The Financial Conduct Authority (FCA), located at 12 Endeavour Square, London, is engaged in a procurement process titled "AI Live Testing Support" within the financial services industry. The contract, valued at £374,080 net of VAT, is currently in the contract amendment stage and aims to extend the services provided by ADVAI LTD, a London-based SME, under a previously existing arrangement. This project, central to the FCA's AI Lab initiatives, encompasses consultancy expertise for AI assurance to support safe AI deployment in UK financial markets. This open procedure was initially advertised in July 2025, with the original contract period set from 15 September 2025 to a maximum extent date of 17 September 2026, including possible extensions. The current contract amends and extends this period to 18 September 2026. This tender presents a unique opportunity for businesses specialising in AI consultancy, particularly in providing expertise related to AI system validation and risk management, to collaborate with a pivotal UK authority in financial regulation. The extension of services underscores the potential for further engagement in developing AI frameworks, evaluation methods, and fostering broad market discussions on AI use. Companies involved in software-related services with robust capabilities in research, risk assessment, and system metrics evaluation are well-suited to take advantage of the opportunities arising from the FCA's ongoing commitment to responsible AI utilisation. The established relationship with ADVAI LTD exemplifies how partnerships in this tender could lead to successful outcomes in shaping financial market AI innovation. ## Notice This contract is for AI assurance consultancy expertise to support the AI Live Testing service. The purpose of the contract is to enable the safe and responsible adoption of AI in UK financial services to unlock its potential for markets and consumers, whilst balancing its risks. FCA AI Live Testing, as part of the AI Lab, will explore the challenges that firms face before live AI deployment in UK financial markets. It aims to foster collaboration, develop shared understanding, and explore evaluation methods (e.g. model metrics) and potential frameworks or benchmarks that may facilitate safe and responsible AI use throughout its lifecycle, from input quality control to outcomes measurement. ### Lot Information Lot 1 Renewal: There is a single extension option included in this tender of an additional 3 month term. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/050899-2026 | | Notice type | UK10 - Contract Change Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 29 May 2026 | | Submission deadline | 4 Aug 2025 | | Future notice date | Not specified | | Award date | 7 Sep 2025 | | Contract period | 18 Jun 2026 - 18 Sep 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £375,000 | | Lots value | £375,000 | | Awards value | £280,560 | | Contracts value | £374,080 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | FCA | | Additional buyers | FINANCIAL CONDUCT AUTHORITY | | 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, TLI41 Hackney and Newham | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ADVAI | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services - 72 - IT services: consulting, software development, Internet and support ### Codes - 48812000 - Financial information systems - 66152000 - Financial market regulatory services - 72260000 - Software-related services ## Release History - 29 May 2026 at 13:48 - ContractAmendment - UK10 - Contract Change Notice - https://www.find-tender.service.gov.uk/Notice/050899-2026 - 25 Sep 2025 at 13:45 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/059753-2025 - 8 Sep 2025 at 14:53 - AwardUpdate - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/054755-2025 - 8 Sep 2025 at 10:13 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/054567-2025 - 8 Jul 2025 at 16:28 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/038394-2025 ## Documents - https://www.find-tender.service.gov.uk/Notice/050899-2026 29th May 2026 - Contract change notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/059753-2025 25th September 2025 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/054755-2025 8th September 2025 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/054567-2025 8th September 2025 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/038394-2025 8th July 2025 - Tender notice on Find a Tender ## Notice URLs - http://www.fca.org.uk - https://atamis-fca.my.site.com/s/Welcome - https://www.advai.co.uk/ - https://www.legislation.gov.uk/ukpga/2023/54/contents ## 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-h6vhtk-055b82. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-055b82.json.