AwardedAwarded 22 October 2026

Consumer Duty Phase 2 Tender

Financial Conduct Authority · Local or regional public body

In brief

Financial Conduct Authority awarded IT and software and marketing work to Defaqto on 22 October 2026.

The notice gives a value of £352,000 excluding VAT.

The contract runs for 1 year, up to 2 years with extensions, starting 11 September 2026.

It is split into 5 lots, so a supplier can bid for part of the work.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

What the notice says

Provision of financial products data to support the Consumer Duty. Contract value published represents maximum value of contract (including optional extension)

Lots

LotTradeValue
Investment and Savings Accounts
11 September 2026 to 10 September 2027
What this lot covers

Datasets: Junior ISAs (this includes Child ISAs), Stocks and Shares ISAs, General Investment Accounts

IT services and software, Marketing and communications, Research and development£95,000
Pension Products
11 September 2026 to 10 September 2027
What this lot covers

Datasets: Workplace Pension Solutions, Personal Pensions, Self-Invested Personal Pensions (SIPPs)

IT services and software£95,000
Investment Management Services
11 September 2026 to 10 September 2027
What this lot covers

Datasets: Discretionary Portfolio/Investment Management Services, Premium Subscription Services

IT services and software£65,000
Alternative Finance Products
11 September 2026 to 10 September 2027
What this lot covers

Datasets: Crowdfunding, Peer to Peer (P2P) lending

IT services and software£65,000
Contracts for Differences (CFD) Trading
11 September 2026 to 10 September 2027
What this lot covers

Dataset: Contracts for Differences (CFD) Trading

IT services and software£32,000

Who won

WinnerLotValueDates
Defaqto (SME)Investment and Savings Accounts, Pension Products, Investment Management Services£468,705
22 October 2026 to 21 October 2027
Defaqto (SME)Investment and Savings Accounts, Pension Products, Investment Management Services£352,000
Awarded 16 September 2026

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Preliminary market engagement notice · UK2, notice 023066-2026
  2. Tender notice · UK4, notice 062475-2026
  3. Contract award notice · UK6, notice 088388-2026
  4. Contract details notice · UK7, notice 100986-2026

About the buyer

Procurements

156

Awards

121

Suppliers it has used most for IT and software

  1. Inventory Management System ANTHRO-PROC-LOG9

    Anthro JVLondonIT services and software

    Closing soon4 days leftSuitable for SMEs

    £150kestimated
  2. Microsoft Business Central Delivery and Support Partner

    Department for EducationLondonIT services and software

    Closing soon4 days leftExpress interest

    £13.5mestimated
  3. Market Intelligence and Document Search Platform

    The Financial Reporting Council LimitedWest Midlands, LondonIT services and software

    Closing soon5 days leftSmall contract

    £100kestimated
  4. Digital Analytics Tool

    BBC (British Broadcasting Corporation)LondonIT services and software

    Open7 days left

    £28.7mestimated
  5. Procurement of an HR and Payroll System

    Look Ahead Care and Support LimitedNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestIT services and software

    Open7 days leftSuitable for SMEs

    £1.5mestimated

From notice 023066-2026 on Find a Tender, first published 13 March 2026, last updated 26 October 2026. We last checked for changes on 26 October 2026.