SREP (Supervisory Review and Evaluation Process) AI POC

Official notice

Authority: Financial Conduct Authority (Public body)

Below threshold - without competition

Sectors: IT Services & Software (72) Delivery: Delivery location not published

Budget not disclosedValue not published

Awarded 2 Apr 2026no call for competition

Awarded to CAPITOL AI INC

What is being bought

Published requirement description

A proof of concept to see if AI can be used to support the SREPs (Supervisory Review and Evaluation Process) completed by FRD (Financial Resilience Department).

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

72000000 IT services: consulting, software development, Internet and support

Procedure terms & legal framework

From the official record

Procedure method: Below threshold - without competition
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 23 Jul 2026, 12:29 BST
Last source update: 23 Jul 2026, 12:29 BST
Authority reference: C4230
FTS notice number: 2026/S 000-069657
Latest notice: Contract details notice (UK7)
Delivery area: Not published
Official registry OCID: ocds-h6vhtk-06d1c7 Find a Tender

Notice history

1 event · 1 release on Find a Tender

Contract details notice published
23 Jul 2026, 12:29 BST
UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Contracts signed 1latest 2 Apr 2026

Awarded to	Value	Date	Status
CAPITOL AI INC	US$40,000 †	—	Awarded

Contracts

SREP (Supervisory Review and Evaluation Process) AI POC · CAPITOL AI INC
Signed
2 Apr 2026
Value
US$40,000
Period
2 Apr 2026 – 31 Jul 2026
Status
active

Contracting authority & participating public bodies

Financial Conduct Authority

Contracting authorityPublic authority - central government GB-PPON: PTYH-4442-XPRH 12 Endeavour Square, London, London, E20 1JNContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice

CAPITOL AI INCAwarded supplier 1 Thomas Circle NW, Suite 801, Washington DC, US, 20005, USContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender23 Jul 2026, 12:29 BST