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Security Operation Centre

Financial Services Compensation Scheme

This public procurement record has 1 release in its history.

Award

09 Nov 2023 at 23:30

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme has recently awarded a contract for a Security Operation Centre with SIEM capability. The contract is valued at £2,209,938 and covers information technology services. The procurement method used was an open procedure, with the tender period ending on 16th October 2023. The contract will run from 17th October 2023 to 16th October 2026. Potential suppliers should note the buyer's address in London, UK, and the opportunity is suitable for SMEs and VCSEs.

This tender from the Financial Services Compensation Scheme presents an opportunity for businesses in the information technology services sector to grow their operations. Companies with expertise in managed security services, SIEM capabilities, and round-the-clock monitoring may find this tender particularly suitable. The contract duration until 2026 offers a stable revenue stream for the selected supplier, Bridewell Consulting Limited, demonstrating the potential for long-term business partnerships in this industry category.

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Notice Information

Notice Title

Security Operation Centre

Notice Description

A Managed Security Operation Centre with SIEM capability covering 24 hours, 7 days a week operation monitoring FSCS services to meet the Service Levels provided in the ITT

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-009c30ac-bf79-4de3-ad4b-ea75c7fbd837
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/32f96cfa-58f7-4b9f-99aa-b87aa040f727
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
£2,209,938 £1M-£10M
Lots Value
Not specified
Awards Value
£2,209,938 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Nov 20232 years ago
Submission Deadline
16 Oct 2023Expired
Future Notice Date
Not specified
Award Date
16 Oct 20232 years ago
Contract Period
17 Oct 2023 - 16 Oct 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Financial Services Compensation Scheme
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Bridewell Consulting Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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