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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award update |
| Buyer: | FCA |
| Main Category: | Services |
| Procurement Method: | Open procedure |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 8 September 2025 |
| Application Deadline: | — |
| Contract Start Date: | — |
| Contract End Date: | — |
| Contract Duration: | NaN years |
| Procurement ID (OCID): | ocds-h6vhtk-055b82 |
| Notice Reference: | 054755-2025 |
All 4 notices for this procurement, oldest first.
AI Live Testing Support
AI Live Testing Support
AI Live Testing Support
AI Live Testing Support
View Original Notice
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Awarded to
| Award value: | £280,560 |
| Award decision date: | — |
| Award status: | Pending |
This contract is for AI assurance consultancy expertise to support the AI Live Testing service. The purpose of the contract is to enable the safe and responsible adoption of AI in UK financial services to unlock its potential for markets and consumers, whilst balancing its risks. FCA AI Live Testing, as part of the AI Lab, will explore the challenges that firms face before live AI deployment in UK financial markets. It aims to foster collaboration, develop shared understanding, and explore evaluation methods (e.g. model metrics) and potential frameworks or benchmarks that may facilitate safe and responsible AI use throughout its lifecycle, from input quality control to outcomes measurement.
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