Award

Review of Software Asset Management Compliance Approach

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Apr 2019 at 10:08

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has recently completed a procurement process titled "Review of Software Asset Management Compliance Approach". This project, classified under the CPV code for business and management consultancy services, was conducted in London, United Kingdom. The procurement method used was selective, with a call-off from a framework agreement, and the tender period ended on 21 January 2019. The contract was awarded on 1 February 2019, with a total value of £48,000, and is set to commence on 25 February 2019 and conclude on 31 March 2019.

This tender presents a valuable opportunity for consultancy firms specialising in software asset management and compliance practices. Businesses well-suited to compete for such contracts are typically those with substantial experience in managing software assets, particularly in the context of regulatory environments. The support provided to product groups, especially DevOps teams, highlights the demand for companies that can demonstrate effective governance and reporting strategies within compliance frameworks.

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Notice Information

Notice Title

Review of Software Asset Management Compliance Approach

Notice Description

The FCA have a small core Software Asset Team (up to 5 members) who have been responsible for Software Asset Management since 2015. Following organisational changes, this team will in future be responsible for providing support to 'product groups' (DevOps teams) and governance/reporting of the FCA's compliance position with the product groups accountable for managing their respective assets. There has been significant work undertaken over the last 2 years by the core Asset Management team to understand and manage our compliance position across circa 785 software asset products including SaaS and cloud products using both automated and manual reporting. The FCA would like to understand best practice in this area both in terms of the work completed as well as the approach to managing compliance as we move forward.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ae41506d-2d49-44ba-80e3-261b5d3c6b4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ead79706-4c3e-4c98-b2f4-40681bb7f139
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£48,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20196 years ago
Submission Deadline
21 Jan 2019Expired
Future Notice Date
Not specified
Award Date
1 Feb 20197 years ago
Contract Period
25 Feb 2019 - 31 Mar 2019 1-6 months
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
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
Not specified

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

KPMG

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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