FCA AI Form Builder Proof of Concept Contract
Summary
The Financial Conduct Authority (FCA) has awarded a contract to Kainos Software Ltd for an AI Form Builder Proof of Concept. The contract value is £79,950 and is scheduled to run from February 25, 2026, to March 31, 2026.
What changed
This notice details a contract awarded by the Financial Conduct Authority (FCA) to Kainos Software Ltd for an AI Form Builder Proof of Concept. The contract, valued at £79,950 (excluding VAT), aims to test AI-based software for accelerated online form creation that meets FCA design standards. The contract duration is short, from February 25, 2026, to March 31, 2026.
This is a procurement notice for a specific contract and does not impose new regulatory obligations on regulated entities. The FCA is exploring AI technology to improve its internal processes. No specific actions are required from compliance officers based on this notice, as it pertains to the FCA's own operational procurement.
Source document (simplified)
Contract
AI Form Builder Proof of Concept
- Financial Conduct Authority UK7: Contract details notice - Procurement Act 2023 - view information about notice types
Notice identifier: 2026/S 000-024571
Procurement identifier (OCID): ocds-h6vhtk-066d7d
Published 18 March 2026, 12:47pm
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Contents
Scope Contract 1. AI Form Builder POC Procedure Supplier Contracting authority
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Reference
C4000
Description
Provide a managed service to conduct a PoC on a dedicated software package that can be used to Build forms,
The software must be robust, available to purchase and the resource to conduct a PoC must be available in [<1 month].
The software must be AI based and able to demonstrate an accelerated speed of delivery of Online Forms that fulfil the design standards of the FCA.
Contract 1. AI Form Builder POC
Supplier
Contract value
- £79,950 excluding VAT
- £95,940 including VAT Below the relevant threshold
Date signed
25 February 2026
Contract dates
- 25 February 2026 to 31 March 2026
- 1 month, 4 days
Main procurement category
Services
CPV classifications
IT services: consulting, software development, Internet and support
Contract locations
- UK - United Kingdom
Procedure
Procedure type
Below threshold - without competition
Supplier
Kainos Software Ltd
4-6 Upper Crescent
Belfast
BT7 1NT
United Kingdom
Telephone: 02070661000
Email: a.jackson@kainos.com
Website: http://www.kainos.com
Region: UKN06 - Belfast
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. AI Form Builder POC
Contracting authority
Financial Conduct Authority
- Public Procurement Organisation Number: PTYH-4442-XPRH 12 Endeavour Square
London
E20 1JN
United Kingdom
Telephone: 02070661000
Email: fcaprocurement@fca.org.uk
Website: http://www.fca.org.uk
Region: UKI41 - Hackney and Newham
Organisation type: Public authority - central government
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