Award

FinancialForce

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

04 Jul 2022 at 13:45

Summary of the contracting process

The Financial Conduct Authority recently completed a procurement process for "FinancialForce", which involved acquiring full user licences for Professional Services Automation. The contract, valued at £199,584, was awarded to FinancialForce UK Ltd. This procurement falls under the software package and information systems category and took place in London. The contract period commenced on 30 June 2022 and runs until 29 June 2023, following a selective procurement method via a call-off from a framework agreement. The tender period concluded on 26 May 2022, with the award date published on 4 July 2022.

This opportunity may foster business growth, particularly for software companies focused on providing professional services automation solutions. Businesses that can supply software packages and information systems would find this tender aligned with their capabilities, especially those that qualify as small and medium enterprises (SMEs). Engaging in similar contracts could enhance their visibility and collaboration with major public sector organisations like the Financial Conduct Authority.

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Notice Title

FinancialForce

Notice Description

Full User licences for the Professional Services Automation

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2c17d17d-0d1f-4253-8a50-3463c2bdbde9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d2a09079-c8d4-4799-b98a-7444d2bbb56a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£199,584 £100K-£500K
Lots Value
Not specified
Awards Value
£199,584 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20223 years ago
Submission Deadline
26 May 2022Expired
Future Notice Date
Not specified
Award Date
2 Jun 20223 years ago
Contract Period
29 Jun 2022 - 29 Jun 2023 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
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Victoria Stone
Contact Email
isprocurement@fca.org.uk
Contact Phone
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

FINANCIALFORCE

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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