Scope
Reference
C3365
Description
The Financial Conduct Authority (FCA) is establishing a contractual mechanism for the Payments Systems Regulator (PSR), who are seeking to procure a supplier to deliver an independently conducted evaluation of its key policies on Authorised Push Payment (APP) fraud - particularly focussing on the reimbursement requirement. This is principally an impact evaluation, though in addition to the analysis of the policies' impacts we require the chosen supplier to provide an independent view on the effectiveness of the policies at achieving their target outcomes. The final analysis and independent view of the policies' effectiveness will be published in the form of a report.
Contract 1. APP Scams Evaluation
Supplier
Contract value
- £459,683 excluding VAT
- £551,619.60 including VAT
Above the relevant threshold
Award decision date
2 September 2025
Date assessment summaries were sent to tenderers
2 September 2025
Standstill period
- End: 11 September 2025
- 8 working days
Earliest date the contract will be signed
15 September 2025
Contract dates (estimated)
- 22 September 2025 to 31 May 2026
- 8 months, 9 days
Main procurement category
Services
CPV classifications
- 79419000 - Evaluation consultancy services
- 79311410 - Economic impact assessment
- 79311400 - Economic research services
- 79400000 - Business and management consultancy and related services
Contract locations
- UK - United Kingdom
Information about tenders
- 13 tenders received
- 13 tenders assessed in the final stage:
- 6 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 12 suppliers unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Open procedure
Supplier
Frontier Economics Limited
- Companies House: 03752719
65 Clifton Street, Hackney
London
EC2A 4JE
United Kingdom
Email: hello@frontier-economics.com
Region: UKI41 - Hackney and Newham
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Associated people/organisations:
n/a
Contract 1. APP Scams Evaluation
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