Regulatory Experience: Validation of Dimensions and Scorecard
Financial Conduct Authority · London
Key facts
- Contract value
- £107,122
- Awarded
- 11 Oct 2026
- Contract starts
- 11 Oct 2026
- Contract ends
- 05 Oct 2027
- Procedure
- Below threshold - award under framework (framework)
- Buyer type
- Central government
- Source
- Find a Tender
Awarded to
| Supplier | Value |
|---|---|
| ERNST & YOUNG LLP | £107,122 |
Description
The Financial Conduct Authority (FCA) requires an independent review and validation of its Regulatory Experience (RX) model, including the eight dimensions and forty-question scorecard. The work will assess whether the dimensions reflect the lived experience of individuals carrying out regulated activities. The supplier will assess whether the eight dimensions comprehensively capture regulatory experience, identify any gaps, overlaps or areas requiring refinement, and evaluate whether the question set is clearly worded, free from bias, aligned with the strategic intent of RX, capable of generating reliable actionable data that is meaningful and non-duplicative. The supplier will conduct structured engagement with a representative sample of firms to test how the RX dimensions and questions are interpreted across different firm types and user roles. Deliverables will include a validation report, annotated question set with feedback, summary of firm engagement findings, and recommendations for refinement where required.
Categories (CPV)
- 79410000 Business and management consultancy services
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