The FCA and PSR are required to be economic and effective in using their resources and have a professional purchasing team in the procurement department which ensures that value for money is obtained for all expenditure.

We use the FCA’s procurement department for our purchasing processes.

Public Procurement Regulations

The FCA is a contracting authority under the Public Contract Regulations 2015. Accordingly, since 1 January 2024, all contracts for relevant services in excess of the values below are subject to these regulations:

  • From 1 January 2024: £214,904 (including VAT) for supplies and services and £5,372,609 (excluding VAT) for works (including subsidised works contracts)

Where required by the above directives, we advertise our upcoming opportunities on the Government’s Find a Tender Service (FTS) as well as on Contracts Finder.

In addition to the various procurement procedures under the EU Directives, the FCA may also use alternative routes to market, including framework agreements (both pan-government and FCA-tendered agreements).

We may also use alternative routes to market, including Framework Agreements (both pan-government and FCA-tendered agreements).

All tendering is carried out via our eTendering portal Atamis. You must use the portal to take part in the tendering process.

Buying goods responsibly

It is important that our suppliers understand and align with the behaviours and standards expected from anyone working in, or with the FCA, as set out in our Supplier Code of Conduct.

We also have a commitment to Ethical Procurement and Modern Slavery and Human Trafficking.

In the absence of any other agreed terms and conditions our General Terms and Conditions shall apply.

In the absence of any other agreed terms and conditions FCA general terms and conditions shall apply.

Contact the procurement department

Procurement helpline: 020 7066 5566