Award

Provision of Data Sets for the Market Surveillance Solution

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

05 Aug 2022 at 09:40

Summary of the contracting process

The Financial Conduct Authority (FCA) has awarded a contract titled "Provision of Data Sets for the Market Surveillance Solution" under the services category, specifically focused on data services. The contract, valued at £756,290.56, is part of an open procurement process which concluded its tender period on 29 June 2022. The contract is set to commence on 1 September 2022 and will continue until 31 August 2027. This initiative is based in the UK and aims to enhance the FCA's Market Surveillance Solution through comprehensive market data and sentiment analysis feeds.

This tender presents significant opportunities for businesses, particularly those specialising in data services and analytics, to engage with the FCA's market surveillance initiatives. Companies with expertise in providing large datasets, analytics solutions, and data management services will find this an attractive area for bidding. Additionally, larger firms with a proven track record in supporting regulatory agencies may be particularly well-suited to compete for similar future contracts, given the complex nature of the services required.

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Notice Title

Provision of Data Sets for the Market Surveillance Solution

Notice Description

This is the Contract Award Notice for the provision of Data Sets, covering Market Data and the Sentiment Analysis feed. These data sets are used in the FCA's Market Surveillance Solution.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-08d9d34f-82f4-4ca3-8419-8a4e0db5c989
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eb50f81a-969d-42a5-a8b2-1584e6322202
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£756,290 £500K-£1M
Lots Value
Not specified
Awards Value
£756,290 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20223 years ago
Submission Deadline
28 Jun 2022Expired
Future Notice Date
Not specified
Award Date
28 Jun 20223 years ago
Contract Period
31 Aug 2022 - 31 Aug 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

REFINITIV LIMITED AND LSEG BUSINESS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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