This public procurement record has 1 release in its history.

Award

26 Mar 2025 at 10:10

Summary of the contracting process

The Financial Conduct Authority (FCA) has concluded the procurement process for Workday Application Management Services under the Digital Support Framework (DSF). This tender, classified under the industry category of IT services, was aimed at enhancing the ERP Product Group and required selective procurement through a framework agreement. The procurement stage is now in the award phase, with the contract awarded to Cognizant Worldwide Limited. The contract, valued at approximately £12.3 million, will start on 1st April 2025 and run until 31st March 2030. The work will be carried out in London, UK, and the final tender period closed on 5th July 2024.

This procurement presents significant growth opportunities for businesses specialising in IT consulting, software development, and support services. Large enterprises with expertise in managing Workday applications and providing robust IT infrastructure support are particularly well-suited to engage in such lucrative contracts. The extensive contract period allows for the establishment of long-term business relationships and the potential for ongoing work with FCA, enhancing the recipient company’s profile and market credibility in the IT services sector.

How relevant is this notice?

Notice Title

Workday AMS under DSF

Notice Description

The ERP Product Group require the procurement of a Workday Application Management Services partner in order to support the delivery of enhancements required by the business.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-51bd1bc8-947c-43d2-ab15-49a8e626cf08
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/283830af-4b3b-4a7b-82f7-097b28331f65
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
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
£12,291,840 £10M-£100M
Lots Value
Not specified
Awards Value
£12,291,840 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20251 years ago
Submission Deadline
5 Jul 2024Expired
Future Notice Date
Not specified
Award Date
6 Mar 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2030 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
Postcode Area
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

Cognizant Worldwide Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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