Specialist Economist Advice for Open Banking and Open Finance

Official notice

Authority: Financial Conduct Authority

ServicesOpen procedure

Sectors: Business Services & Consultancy (79) Delivery: London (UKI)

Published estimate£250,000exc. VAT

Submissions closed 13 Jan 2025

Contract term 4 moends 20 Jun 2025 · starts 20 Feb 2025

What is being bought

Published requirement description

We require consultancy support to deliver two work packages or workstreams focused on Open Banking and Open Finance.

CPV: Economic impact assessment · Economic research services

The lotProcurement structure

single lot · value published

Lot #1We require consultancy support to deliver two work packages or workstreams focused on… 4 moPublished value£250,000

We require consultancy support to deliver two work packages or workstreams focused on Open Banking and Open Finance. <br/><br/>The first workstream will focus on Open Banking to help improve our evidence base to drive our refined strategy, operational improvements and provide future entity analysis.<br/><br/>The second workstream will be to support discovery work for the future of Open Finance, building on previous FCA work, including consumer research, economic and tech-focused research. This will help us in identifying key working blocks, further areas of research needed, a possible roadmap and future delivery plans.

Contract period: 20 Feb 2025 – 20 Jun 2025 (4 mo)

Delivery: London · 12 Endeavour Square, London E20 1JN

Variant bids: not allowed

79311410 Economic impact assessment

Procedure terms & legal framework

From the official record

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Closed
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: No (one-off requirement)
First published: 12 Dec 2024, 17:18 GMT
Last source update: 12 Dec 2024, 17:18 GMT
Award evaluation window: 13 Jan 2025 – …
Authority reference: C2907
FTS notice number: 2024/S 000-040166
Classification (CPV): Economic impact assessmentEconomic research services
Delivery area: London (UKI)
Official registry OCID: ocds-h6vhtk-04c7b4 Find a Tender

Contract terms

Electronic trading: e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice

Run through: Atamis (Health Family) · Who buys & how to bid on Atamis

Supplier login requiredLanguage: EN

Access & registration note: Free · one account PER buying organisation portal · password resets come "from Salesforce.com" (check spam)

Tender documents are also served through a separate tool: https://atamis-fca.my.site.com/s/Welcome ↗

Submission deadline: 13 Jan 2025
Submission channel: {"electronicSubmission"}
Accepted languages: en
Bids opened: 13 Jan 2025, 12:00 GMT

Detailed submission instructions & authority contactsFrom official release

atamis-fca.my.site.com/s/Welcome ↗

Timeline

12 Dec 2024 → 13 Jul 2025 · 5 dates

Notice published
12 Dec 2024, 17:18 GMT
Submission deadline
13 Jan 2025
Bids opened
13 Jan 2025, 12:00 GMT
Contract starts
20 Feb 2025
Bids must remain valid until
13 Jul 2025, 23:59 BST

Contracting authority & participating public bodies

Financial Conduct Authority

Contracting authorityBody governed by public lawEconomic affairs 01920623 12 Endeavour Square, London, UK, E20 1JNContact name, email, phone Published organisation website ↗

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria