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 2022, all contracts for relevant services in excess of the values below are subject to these regulations:
- From 1 January 2022: £213,477 (including VAT) for supplies and services and £4,733,252 (excluding VAT) for works
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 Delta hosted by BiP Solutions Ltd. 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.
In the absence of any other agreed terms and conditions our General Terms and Conditions shall apply.
Terms and conditions
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