AI Live Testing Support
Financial Conduct Authority · London
Key facts
- Contract value
- £280,560
- Awarded
- 21 Sep 2025
- Contract starts
- 22 Sep 2025
- Contract ends
- 19 Jun 2026
- Procedure
- Open procedure
- Buyer type
- Central government
- Source
- Find a Tender
Awarded to
| Supplier | Value |
|---|---|
| Advai LTD | £280,560 |
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.
Categories (CPV)
- 72260000 Software-related services
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