Award

Provision of a Market Surveillance Solution

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

05 Aug 2022 at 10:50

Award

05 Aug 2022 at 10:50

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the procurement process for the "Provision of a Market Surveillance Solution". This initiative falls within the software package and information systems industry category, aiming to enhance market surveillance capabilities. The procurement method used was an open procedure, and the contract, valued at £5,044,967.05, commenced on 1st August 2022 and will run until 31st July 2027. The tender period concluded on 20th May 2022.

This awarded contract presents significant opportunities for businesses specialising in software solutions, particularly those with capabilities in market surveillance technology. Companies that can provide innovative software systems or integrated solutions would be well-suited to compete in future procurement activities within similar tenders. This sector is crucial for maintaining regulatory standards and ensuring compliance, thus fostering a competitive landscape for existing and new business entrants.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of a Market Surveillance Solution

Notice Description

This is the Contract Award Notice for the FCA's Market Surveillance Solution.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7b5eccd9-b7e8-4e87-89c2-a15424640e73
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/75a2104a-c0dc-461d-b82f-7e900a837a3b
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

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£5,044,967 £1M-£10M
Lots Value
Not specified
Awards Value
£5,044,967 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20223 years ago
Submission Deadline
19 May 2022Expired
Future Notice Date
Not specified
Award Date
19 May 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2027 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
Not specified
Contact Email
paul.riley@fca.org.uk
Contact Phone
+442070660911

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

ONEMARKETDATA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-7b5eccd9-b7e8-4e87-89c2-a15424640e73-2022-08-05T11:50:06+01:00",
    "date": "2022-08-05T11:50:06+01:00",
    "ocid": "ocds-b5fd17-7b5eccd9-b7e8-4e87-89c2-a15424640e73",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP711454880",
        "title": "Provision of a Market Surveillance Solution",
        "description": "This is the Contract Award Notice for the FCA's Market Surveillance Solution.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48000000",
            "description": "Software package and information systems"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 5044967.05,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2022-05-20T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-08-01T00:00:00+01:00",
            "endDate": "2027-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "goods"
    },
    "parties": [
        {
            "id": "GB-CFS-112585",
            "name": "Financial Conduct Authority",
            "identifier": {
                "legalName": "Financial Conduct Authority"
            },
            "address": {
                "streetAddress": "12 Endeavour Square",
                "locality": "London",
                "postalCode": "E20 1JN",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "Paul.Riley@fca.org.uk",
                "telephone": "+442070660911"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-215554",
            "name": "OneMarketData",
            "identifier": {
                "legalName": "OneMarketData"
            },
            "address": {
                "streetAddress": "221 River Street, 9th Floor #1265 Hoboken New Jersey 07030"
            },
            "details": {
                "scale": "sme"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-112585",
        "name": "Financial Conduct Authority"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7b5eccd9-b7e8-4e87-89c2-a15424640e73-1",
            "status": "active",
            "date": "2022-05-20T00:00:00+01:00",
            "datePublished": "2022-08-05T11:50:03+01:00",
            "value": {
                "amount": 5044967.05,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-215554",
                    "name": "OneMarketData"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-08-01T00:00:00+01:00",
                "endDate": "2027-07-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/75a2104a-c0dc-461d-b82f-7e900a837a3b",
                    "datePublished": "2022-08-05T11:50:03+01:00",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2022-08-05T11:50:06+01:00"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=711454880"
                },
                {
                    "id": "3",
                    "documentType": "Link",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=711454880"
                }
            ]
        }
    ]
}