Tender

GB-London: CON-23-072 Generating & Validating Synthetic Data

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Tender

16 May 2023 at 14:20

Tender Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) in London has issued a tender titled "CON-23-072 Generating & Validating Synthetic Data". The FCA is seeking to establish a one-year contract for Synthetic Data Generation & Validation Services. The procurement is open, with a tender deadline of 16th June 2023. The contract period is set to start on 14th August 2023 and end on 13th August 2024. This opportunity falls under the services category and has a contract value of £500,000.

This tender by the FCA presents a business opportunity for SMEs and other economic operators specialised in data services. Companies interested in providing Data-acquisition systems, Data collection and collation services, or other related data services are well-suited to compete. The FCA has highlighted the potential for SMEs to participate, emphasising that tenderer selection will be based on specified criteria set out for the procurement. This opportunity is especially relevant for businesses looking to expand their portfolio within the data services industry.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

GB-London: CON-23-072 Generating & Validating Synthetic Data

Notice Description

The FCA is establishing a contractual mechanism to provide Synthetic Data Generation & Validation Services to the FCA for a period of one year. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-209a2360-58c7-4cb6-9029-7b5fc8571e9e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e0248a7b-4211-49a8-af66-10053708d07c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48614000 - Data-acquisition system

72300000 - Data services

72314000 - Data collection and collation services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20232 years ago
Submission Deadline
16 Jun 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
13 Aug 2023 - 13 Aug 2024 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-209a2360-58c7-4cb6-9029-7b5fc8571e9e-2023-05-16T15:20:03+01:00",
    "date": "2023-05-16T15:20:03+01:00",
    "ocid": "ocds-b5fd17-209a2360-58c7-4cb6-9029-7b5fc8571e9e",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP780177626",
        "title": "GB-London: CON-23-072 Generating & Validating Synthetic Data",
        "description": "The FCA is establishing a contractual mechanism to provide Synthetic Data Generation & Validation Services to the FCA for a period of one year. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.",
        "datePublished": "2023-05-16T15:20:03+01:00",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "48614000",
            "description": "Data-acquisition system"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "72314000",
                "description": "Data collection and collation services"
            },
            {
                "scheme": "CPV",
                "id": "72300000",
                "description": "Data services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 100000,
            "currency": "GBP"
        },
        "value": {
            "amount": 500000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2023-06-16T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-08-14T00:00:00+01:00",
            "endDate": "2024-08-13T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/e0248a7b-4211-49a8-af66-10053708d07c",
                "datePublished": "2023-05-16T15:20:03+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Please follow this link to view the notice.",
                "url": "https://www.delta-esourcing.com/tenders/UK-GB-London:-CON-23-072-Generating-&-Validating-Synthetic-Data/BH6SP72226"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-112585",
            "name": "Financial Conduct Authority",
            "identifier": {
                "legalName": "Financial Conduct Authority"
            },
            "address": {
                "streetAddress": "12 Endeavour Square",
                "locality": "London",
                "postalCode": "E20 1JN",
                "countryName": "UK"
            },
            "contactPoint": {
                "name": "Adam Perry",
                "email": "adam.perry@fca.org.uk",
                "telephone": "02070666702"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-112585",
        "name": "Financial Conduct Authority"
    }
}