Awarded contract

Consultancy & Skilled Persons Framework 3

Details

Supplier(s)
Value
£170,000,000
Duration
4 years
Topic
Financial consultancy services
Published
3 March 2026

Tender description

The Financial Conduct Authority (FCA) and the Bank of England (BoE) are procuring a new framework agreement to replace the current Consultancy and Skilled Persons Framework. This will cover Skilled Persons, Consultancy and Multi-Firm Failure and will be broken into multiple Lots. Values stated at a Lot level are a very rough estimate as the use of this framework at this level is very unpredictable. ## Contract award Lots: - Lot Lot L: Credit Rating Agencies ## Contract award Title: Consultancy & Skilled Persons Framework 3 Lots: - Lot Lot B: Governance, Accountability and Culture - Lot Lot C: Controls and Risk Management Frameworks - Lot Lot D: Conduct of Business - Lot Lot E: Financial Crime - Lot Lot F: Market Abuse - Lot Lot G: Prudential – Deposit Takers, Clearing Houses, CSD, PRA-Designated invt. Firms - Lot Lot H: Prudential – Insurance - Lot Lot I: Prudential - Adequate Financial Resources for FCA Solo-Regulated Firms - Lot Lot J: Information and Communications Technology and Cyber Risk and Resilience Mgt. - Lot Lot K: Threat Intelligence and Penetration Testing - Lot Lot M: Trade and Transaction Reporting - Lot Lot N: Financial Analysis - Lot Lot O: Economic Regulation and Analysis - Lot Lot P: Business Consultancy - Lot Lot Q: Technology - Lot Lot R: Resource Augmentation - Lot Lot S: Forensic Accountancy/General Investigations - Lot Lot T: Risk/Risk Management - Lot Lot U: Multi Firm Failure - Lot 1: Client Assets and Safeguarding

Timeline

  1. Completed: Award date19 February 2026
  2. Completed: Award published3 March 2026
    Current notice
  3. Next: Contract expiry date31 March 2030in 4 years

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Every tender runs through Atamis, the FCA's eTendering portal, with opportunities also advertised on Find a Tender and Contracts Finder. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. A Supplier Code of Conduct, updated in 2022, covers climate change, resilience and data protection standards for suppliers. An ethical procurement standard applies to purchases wherever possible.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Financial Conduct Authority's contract awards have been in IT services, business services and software and information systems.

Relevant CPV codes

  • 66171000 · Financial consultancy services
  • 66519310 · Insurance consultancy services
  • 72221000 · Business analysis consultancy services
  • 72224000 · Project management consultancy services
  • 79221000 · Tax consultancy services
  • 79410000 · Business and management consultancy services
  • 79411000 · General management consultancy services
  • 79412000 · Financial management consultancy services

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