Award

GB-London: CON-22-311 Fees Support Solution

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

11 Dec 2023 at 11:00

Summary of the contracting process

The Financial Conduct Authority in London has awarded the contract for "CON-22-311 Fees Support Solution" to Cognizant Worldwide Limited. The contract involves IT services such as consulting, software development, Internet, and support. The tender value is £416,666.67 GBP with a contract period starting on 1st January 2024 and ending on 30th June 2024. The tender was completed on 20th November 2023.

This tender presents opportunities for businesses in the IT services sector, especially those offering consulting, software development, and Internet services. Companies with a strong technical background and experience in supporting financial solutions would be well-suited to compete for this contract. The successful bidder will work closely with the Financial Conduct Authority to deliver solutions that meet the specified requirements within the defined contract period.

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Notice Title

GB-London: CON-22-311 Fees Support Solution

Notice Description

This is a modification of an existing FCA call off contract, which utilised the Cloud and Technology Resourcing and Outcomes Framework (award reference: 2019/S 111-273280). The services covers resources to support the FCA Fees Solution. The FCA has taken the decision, subject to Regulation 72(1)(b) of the Public Contract Regulations 2015 to modify the existing end date of the call off contract from the 31st December 2023 to the 30th June 2024. The original start date was the 1st January 2023. The value of the modification is PS416,666.67 ex VAT. The original Award value of the Contract was PS885,105.00 ex VAT. The new end date reflects the time and the technical work required to update requirements ready for a future call off activity under the FCA Digital Services Framework Agreement (award reference: 2023/S 000-031669) . The total value of the call off following this modification will be PS1,301,771.67 ex VAT. The call off contract will now end either on the 30th June 2024 or sooner if the modification value is fully used before this date.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-21a4999a-e794-44d7-8ddc-a4099cac2fa0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c9803102-1dca-4ec7-ad93-3b5f26f5d102
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

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

Notice Value(s)

Tender Value
£416,666 £100K-£500K
Lots Value
Not specified
Awards Value
£416,666 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20232 years ago
Submission Deadline
20 Nov 2023Expired
Future Notice Date
Not specified
Award Date
20 Nov 20232 years ago
Contract Period
1 Jan 2024 - 30 Jun 2024 6-12 months
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

COGNIZANT WORLDWIDE

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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