Award

Provision of a Digital Test Envionment

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Oct 2022 at 13:20

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has awarded a contract for the Provision of a Digital Test Environment (DTE), aiming to support its goal of becoming an agile, innovative, confident, and data-driven regulator. The contract, worth GBP 1,023,660, falls under the goods category and is part of an open procedure. The procurement stage has concluded with the contract period starting on October 6, 2022, and ending on October 5, 2025. The tender period ended on July 29, 2022. The buying organisation, FCA, is located at 12 Endeavour Square, London, UK. The DTE will provide firms with early-stage ideation access to data in a secure environment for experimentation and proof of concepts.

This tender by the Financial Conduct Authority presents an opportunity for businesses to participate in providing a Digital Test Environment (DTE) for innovative and data-driven services. Businesses in the information systems industry category, especially those capable of offering secure testing environments and facilitating experimentation for early-stage ideation, would be well-suited to compete for this contract. The awarded contract to NayaOne Limited opens avenues for growth for businesses interested in collaborating with the FCA to support its regulatory goals through the provision of digital testing services.

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Notice Information

Notice Title

Provision of a Digital Test Envionment

Notice Description

The Financial Conduct Authority (FCA) is awarding the Contract for the Provision of a Digital Test Environment (DTE). The DTE will assist the FCA in achieving its goal of being an agile, innovative, confident, and data-driven regulator. The DTE will aim to facilitate firms at early-stage ideation with access to data, within a secure environment that facilitated experimentation and scaling for proof of concepts. This will become form a part of FCAs external and potentially internal innovation services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-64c7ab65-0922-43d7-858a-70e65c1dd3cc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6c9f2dda-643b-496c-95ec-24c3ae2d4866
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48810000 - Information systems

Notice Value(s)

Tender Value
£1,023,660 £1M-£10M
Lots Value
Not specified
Awards Value
£1,023,660 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Oct 20223 years ago
Submission Deadline
28 Jul 2022Expired
Future Notice Date
Not specified
Award Date
28 Jul 20223 years ago
Contract Period
5 Oct 2022 - 5 Oct 2025 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

NAYAONE

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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