Award

Provision of an Investigation Tool

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

02 Sep 2024 at 15:59

Summary of the contracting process

The Financial Conduct Authority (FCA) awarded a contract for the "Provision of an Investigation Tool" to Phoenix Software Limited under the KCS Procurement Services Framework Y20011 for Software Products and Associated Services 2. The contract, valued at £43,446.90 excluding VAT for the first year, includes an initial period from 26 March 2024 to 25 March 2025, with two additional one-year extension options. The project falls under the industry category "Software package and information systems" and will be delivered in London, United Kingdom. The procurement method followed was a selective call-off from a framework agreement, and the award was finalised on 13 February 2024.

This tender creates significant opportunities for businesses specializing in software products and information systems. Companies offering similar software solutions can observe the potential for securing contracts through framework agreements or other procurement methods. Businesses that can provide robust investigation tools and have expertise in working with regulatory bodies like the FCA would be well-suited to compete in similar future tenders. The contract’s structure, involving a base year plus potential extensions, offers firms a stable, long-term engagement prospect.

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Notice Title

Provision of an Investigation Tool

Notice Description

This is a contract award to Phoenix Software Limited for the Provision of an Investigation Tool. The KCS Procurement Services Framework Y20011 for Software Products and Associated Services 2 was used for the Call Off. The Call off Contract is awarded for one (1) year and includes two (2) extension option of twelve (12) months each. The award value of PS43,446.90 ex VAT is for Year 1 only.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c0777de-9a0e-4bad-a0b9-9523f5fda167
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/efc7e88f-d0e3-4538-a0e3-98561bc14061
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£43,449 Under £100K
Lots Value
Not specified
Awards Value
£43,449 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20241 years ago
Submission Deadline
10 Jan 2024Expired
Future Notice Date
Not specified
Award Date
13 Feb 20242 years ago
Contract Period
26 Mar 2024 - 25 Mar 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

PHOENIX SOFTWARE

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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