Tender

Digital Procurement Tooling

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Tender

12 Jul 2022 at 15:40

Tender Notice
Summary of the contracting process

The Financial Conduct Authority is currently seeking a contractor for its project titled "Digital Procurement Tooling," aimed at enhancing its e-tendering capabilities. This procurement falls under the industry category of procurement software package, with a value of £1,125,000. The tender is at the active stage and will close on 26th August 2022. The contract period is set to commence on 28th November 2022 and extend until 28th November 2025, with delivery expected in London, United Kingdom. The method employed for this procurement is an open procedure, allowing wide participation.

This tender presents a significant opportunity for businesses specialising in procurement software and related technologies to expand their market presence. Small and medium-sized enterprises (SMEs) with capabilities in developing configurable digital tools or integrating enterprise resource planning (ERP) systems would be particularly well-suited to compete. By participating in this procurement process, businesses can not only secure a lucrative contract but also enhance their expertise and portfolio in the public sector's growing digital transformation efforts.

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Notice Information

Notice Title

Digital Procurement Tooling

Notice Description

The Authority's existing contract for it's e-tendering tool is coming to an end in January 2023. To prepare for this, the Authority is seeking to enhance its capabilities in the disciplines of sourcing, contract lifecycle management (including performance management) and supplier and risk management. This will be realised through the implementation of a new configurable Digital Procurement Tooling (DPT) tool(s) that will join up the above disciplines and integrate with the Enterprise Resource Planning (ERP) tool (the current provider is Workday,Inc. which is used for HR and Finance (including Procure to Pay, this tool is referred to as "P2P System")). The new DPT tool(s) and integrations will enable efficient and effective governance of the end-to-end procurement lifecycle and contract and supplier management.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6675c3f9-5e0f-4ac8-a841-3c4d964f3496
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/90304e2b-ee23-41e1-b53b-bd1bf4eb07e7
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48490000 - Procurement software package

Notice Value(s)

Tender Value
£1,125,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

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

Notice Status

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

Further Information

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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