Award

Cyber Threat Intelligence and Digital Risk Platform (CTI/DRP Platform)

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

10 Apr 2025 at 08:24

Summary of the contracting process

The Financial Services Compensation Scheme Limited (FSCS) has completed the award stage for the procurement of a Cyber Threat Intelligence and Digital Risk Platform (CTI/DRP Platform). This contract falls under the IT services industry category, more specifically consulting, software development, Internet, and support (CPV code 72000000). The awarded contract, valued at £83,570, will be carried out at the FSCS office located in London (EC3A 7QU). The tender process employed a competitive quotation method below the threshold, with key dates including the tender period end date on 17th February 2025, award date on 7th March 2025, and the contract period from 31st March 2025 to 30th March 2026.

This contract presents substantial growth opportunities for businesses in the IT services sector, particularly those specialising in cyber threat intelligence and digital risk management. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate in similar tenders, as FSCS has demonstrated inclusivity in its suitability criteria. Businesses that possess expertise in cybersecurity and digital risk are well-suited to compete for future contracts with FSCS and other public sector organisations, facilitating increased revenue and market presence.

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Notice Title

Cyber Threat Intelligence and Digital Risk Platform (CTI/DRP Platform)

Notice Description

Cyber Threat Intelligence and Digital Risk Platform (CTI/DRP Platform)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-45e7dde5-ce65-4010-9726-5c484fe4e397
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3385ca1c-de0f-42b6-8bbc-0bef36e812e9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME, VCSE
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
£83,570 Under £100K
Lots Value
Not specified
Awards Value
£83,570 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 202510 months ago
Submission Deadline
17 Feb 2025Expired
Future Notice Date
Not specified
Award Date
7 Mar 202511 months ago
Contract Period
30 Mar 2025 - 30 Mar 2026 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 SERVICES COMPENSATION SCHEME LIMITED
Contact Name
Not specified
Contact Email
procurement@fscs.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
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

SOCRADAR CYBER INTELLIGENCE

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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