Contract award · 26 Feb 2025

Consumer Duty Investment Platforms Data

FCA awarded “Consumer Duty Investment Platforms Data” to Defaqto for £95,850 on 26 Feb 2025. Awarded without open competition.

No competitionIT servicesLondon

BuyerFCA
Value £95,850
WinnerDefaqto SME

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
FCA · Body governed by public law
Supplier
Defaqto SME
Value
£95,850
Procedure
Competitive quotation (below threshold)
Sector
IT services · Information technology services (CPV 72222300)
Region
London
Timeline
  1. Contract date26 Feb 2025
  2. Published24 Mar 2025Published 26 days after the contract date

Description

The FCA require product data that accounts for a significant share of the market for investment platforms.

About the supplier

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