AI Live Testing Support

A Tender Notice
by FINANCIAL CONDUCT AUTHORITY

Source
Find a Tender
Type
Contract (Services)
Duration
9 month
Value
£375K
Sector
TECHNOLOGY
Published
08 Jul 2025
Delivery
15 Sep 2025 to 12 Jun 2026
Deadline
04 Aug 2025 11:00

Concepts

Location

London:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The FCA intends to award a contract to a single supplier for the provision of support to a new service within its AI Labs called the AI Live Testing service.

Renewal Options

There is a single extension option included in this tender of an additional 3 month term.

Award Criteria

Commercial Commercial proposal
Technical Technical evaluation of the supplier's proposal.

CPV Codes

  • 48812000 - Financial information systems
  • 66152000 - Financial market regulatory services

Indicators

  • Renewals are available.

Other Information

The contract will be for the provision of expert advice and support throughout this service, where the supplier will support the FCA's engagement with firms to identify key AI system risks and explore potential use-case specific evaluation techniques as well as contribute to publications on AI live testing and broader external engagement and research, with the aim to progress the debate on AI system validation in UK financial markets. The FCA requires all bids for this requirement to be submitted via it's E-sourcing system, Atamis ( https://atamis-fca.my.site.com/s/Welcome ). ** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

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