Scope
Description
We are engaging the market to make providers aware of upcoming economist consultancy opportunity for the PSR.
Total value (estimated)
- £500,000 excluding VAT
- £600,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 25 August 2025 to 31 May 2026
- 9 months, 7 days
Main procurement category
Services
CPV classifications
- 79419000 - Evaluation consultancy services
- 66171000 - Financial consultancy services
- 79311400 - Economic research services
- 79311410 - Economic impact assessment
Contract locations
- UK - United Kingdom
Engagement
Engagement deadline
19 May 2025
Engagement process description
The Payments Systems Regulator (PSR) would like to engage with prospective suppliers ahead of our planned procurement, which seeks a consultancy to deliver an independent review to assess the impacts of our key APP scams policies. This is inclusive of the Reimbursement Requirement, as well as Confirmation of Payee and the Balanced Scorecard. For further information on APP Scams, please refer to [https://psr.org.uk/our-work/app-scams/]. This will be a c.7 month piece of analytical work, that will involve engagement not just with ourselves, but with wider stakeholders. For instance, interim and final findings would be presented to a wide group, including but not limited to individuals from: the PSR; the Financial Conduct Authority; the Bank of England; His Majesty's Treasury; industry and consumer representatives. The PSR would like to receive Expressions of Interest for those who would like to better understand the work and its requirements. Suppliers should register their Expression of Interest via the FCA's Procurement portal [https://atamis-fca.my.site.com/s/Welcome]. In those Expressions of Interest suppliers should complete the two requirements by 19th May 2025, providing the following information: - Company Name and Registration Number - Registered Address - Registered Website Address (if applicable) - Lead Contact details including Name, role in organisation, email address and phone number. - A brief summary of your expertise which is relevant to either conducting economic evaluations/research, and/or experience within the payments sector/fraud. Following receipt of Expressions of Interest, the PSR intends to arrange calls with all respondents who it determines have suitable expertise in this area, along with any parties it separately identifies as having expertise. These discussions will focus on the PSR providing an overview of the project, with opportunities for suppliers to ask questions. Session likely to take place 20th or 21st May. We reserve the right to conduct either a group presentation or individual calls.
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Publication date of tender notice (estimated)
23 May 2025
Contracting authority
Financial Conduct Authority
- Public Procurement Organisation Number: PTYH-4442-XPRH
12 Endeavour Square
London
E20 1JN
United Kingdom
Region: UKI41 - Hackney and Newham
Organisation type: Public authority - central government