Expired contract

SREP (Supervisory Review and Evaluation Process) AI POC

Details

Supplier(s)
Capitol AI, Inc.
Value
$40,000
Topic
IT services: consulting, software development, Internet and support
Published
23 July 2026

Tender description

A proof of concept to see if AI can be used to support the SREPs (Supervisory Review and Evaluation Process) completed by FRD (Financial Resilience Department). ## Contract award

Timeline

  1. Completed: Award published23 July 2026
    Current notice
  2. Completed: Award date23 July 2026
  3. Completed: Contract expiry date31 July 2026

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. 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. An ethical procurement standard applies to purchases wherever possible.

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.

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Decision makers

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