AI Live Testing Support
key details
| Value | £375,000 (£450,000 inc. VAT) |
|---|---|
| Status | complete |
| Category (CPV) | 48812000 +1 more |
| Region | London |
| Deadline | 4 Aug 2025 |
| Procedure | open |
| OCID | ocds-h6vhtk-055b82 |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £375,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| ADVAI LTD | £280,560 | 7 Sept 2025 | active |
| TMD BUILDING CONSULTANCY LIMITED | · | · | active |
description
This contract is for AI assurance consultancy expertise to support the AI Live Testing service. The purpose of the contract is to enable the safe and responsible adoption of AI in UK financial services to unlock its potential for markets and consumers, whilst balancing its risks.
FCA AI Live Testing, as part of the AI Lab, will explore the challenges that firms face before live AI deployment in UK financial markets. It aims to foster collaboration, develop shared understanding, and explore evaluation methods (e.g. model metrics) and potential frameworks or benchmarks that may facilitate safe and responsible AI use throughout its lifecycle, from input quality control to outcomes measurement.
documents
- https://www.find-tender.service.gov.uk/Notice/038394-2025 , tenderNotice
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notice history
6 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 8 Jul 2025 | Tender notice (UK4) | Procurement Act 2023 | 038394-2025 |
| 8 Sept 2025 | Contract award (UK6) | Procurement Act 2023 | 054567-2025 |
| 8 Sept 2025 | Contract award (UK6) | Procurement Act 2023 | 054755-2025 |
| 25 Sept 2025 | Contract details (UK7) | Procurement Act 2023 | 059753-2025 |
| 29 May 2026 | Contract change (UK10) | Procurement Act 2023 | 050899-2026 |
| 22 Jul 2026 | Contract details (UK7) | Procurement Act 2023 | 069250-2026 |
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source
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