Award

Pentana Audit renewal

FCA

This public procurement record has 1 release in its history.

Award

15 Aug 2024 at 09:42

Summary of the contracting process

The Financial Conduct Authority (FCA) has successfully completed a public procurement process for the renewal of the Pentana Audit software package for a one-year period. This procurement, classified under IT software packages, was conducted through a direct procurement method below the threshold, indicating a single-tender action. The contract period spans from 1st July 2024 to 30th June 2025 with the total contract value amounting to £32,507.15. The procurement process reached the award stage, with the contract being awarded and published on 15th August 2024. The project will be carried out in London, United Kingdom.

This tender creates substantial opportunities for businesses specialising in IT software packages. As it’s a renewal contract focusing on consistent software support, it offers stability and can lead to long-term engagement. Established IT firms with experience in software management and audit solutions would be well-suited to compete in such tenders in the future. Although not aimed specifically at SMEs or VSCEs, this procurement could serve as a model for similar upcoming opportunities where specialised expertise is crucial.

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Notice Title

Pentana Audit renewal

Notice Description

Renewal for 1 year

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-732fb9c3-e409-4be5-a2fc-912e12897658
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eb67a469-db36-41e7-8ae5-9df8d4f44e65
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48517000 - IT software package

Notice Value(s)

Tender Value
£32,507 Under £100K
Lots Value
Not specified
Awards Value
£32,507 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Aug 20241 years ago
Submission Deadline
17 Jun 2024Expired
Future Notice Date
Not specified
Award Date
30 Jun 20241 years ago
Contract Period
30 Jun 2024 - 30 Jun 2025 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
FCA
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
0207 066 1000

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

IDEAGEN GAEL

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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