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PROCUREMENT OPPORTUNITY

Provision of Smart Data Synthetic Data (BigSpark)

FCA · Contract details notice on Find a Tender

Tender information last checkedLast checked 30 Sept 2026, 12:38.

Opportunity overview

BigSpark will provide the FCA with a synthetic cross-sectoral dataset for the digital sandbox environment. This will enable the FCA to support firms innovating in the open finance and smart data area, and generate invaluable input into policy making. This is instrumental to successfully draft a regulatory framework for open finance, as stated in the FCA Strategy. The previous contract with the provider was centred on a much smaller dataset.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

BIGSPARK

Matched by number
Contract value
£117k
Awarded
Not supplied
Contract signed
11 Nov 2025
Including VAT
£140.4k
Award ID
1
Status
active
Identifier
GB-COH 12227607
Location
Nottingham, UKF14, NG1 1PB, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
C3794
Status
complete
Procurement Method
direct
Procurement Method Details
Below threshold - without competition

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Id
GB-PPON-PTYH-4442-XPRH
Name
FCA

Roles

buyer

Address

Region
UKI41
Country
GB
Locality
London
Postal Code
E20 1JN
Country Name
United Kingdom
Street Address
12 Endeavour Square

Details

Classifications

Entry 1
Id
publicAuthorityCentralGovernment
Scheme
UK_CA_TYPE
Description
Public authority - central government

Identifier

Id
PTYH-4442-XPRH
Scheme
GB-PPON

Contact

Name
Pradeep Mishra
Organisation 2
Id
GB-COH-12227607
Name
BIGSPARK

Roles

supplier

Address

Region
UKF14
Country
GB
Locality
Nottingham
Postal Code
NG1 1PB
Country Name
United Kingdom
Street Address
2 Lace Market Square, Nottingham, England, NG1 1PB

Details

Vcse
No
Scale
sme

Identifier

Id
12227607
Scheme
GB-COH

Contact

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
72000000
Scheme
CPV
Description
IT services: consulting, software development, Internet and support
Entry 2
Id
72261000
Scheme
CPV
Description
Software support services

Suppliers

Supplier 1
Id
GB-COH-12227607
Name
BIGSPARK

Related lots

1

Contracts and changes

Entry 1
Id
1
Title
FCA Aizle Data Licence Agreement
Status
active
Award ID
1
Date Signed
11 Nov 2025, 00:00
Has Options
Yes
Has Renewal
Yes
Above Threshold
No

Value

Amount
117,000
Currency
GBP
Including VAT
140,400

Period

Ends
9 Nov 2026, 23:59
Starts
12 Nov 2025, 00:00
Max Extent Date
10 Nov 2028, 23:59

Options

Description
Annual extensions up to to a maximum of 2 such annual extensions

Renewal

Description
Annual extensions up to to a maximum of 2 such annual extensions

Documents

Entry 1
Id
073236-2025
Format
text/html
Notice Type
UK7
Description
Contract details notice on Find a Tender
Document Type
contractNotice
Published
12 Nov 2025, 14:34

Agreed Metrics

Entry 1
Id
1
Title
Response Times
Description
Supplier to respond within 3 working days to any queries sent to the contact email address

Observations

Entry 1
Id
frequency

Period

Duration In Days
3
Entry 2
Id
2
Title
Resolution of critical data issues
Description
Where the dataset is agreed by the Parties to be critically non-functional, the Supplier undertakes to use best endeavours to remedy within 10 working days of the cause being established and solution identified

Observations

Entry 1
Id
frequency

Period

Duration In Days
10

Recorded locations

  • Buyer location · London · UKI41 · E20 1JN · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-05dfbc-2025-11-12T14:34:23ZContract details notice on Find a Tender ·