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Provision of a Data Cleansing and Formatting Tool (G-Cloud)

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

03 Sep 2024 at 10:16

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the tender process for the provision of a Data Cleansing and Formatting Tool, with the contract awarded to Chorus Intelligence under the G-Cloud 13 framework agreement. This contract, valued at £42,300 excluding VAT, commenced on 20th April 2024 and will run until 19th April 2025, with an option for a 12-month extension. The procurement was conducted using a selective method, and the tender falls within the software package and information systems category, specifically targeting the region of London, United Kingdom. The procurement stage is listed as 'complete'. Key dates include the award date on 5th March 2024 and publication on 3rd September 2024.

This tender presents growth opportunities for businesses involved in software development and information systems, particularly those capable of providing sophisticated data tools. Companies specialising in data management solutions that can meet the strict requirements of financial regulatory bodies will find this tender beneficial. The contract's selective procurement method indicates a competitive selection process, favouring well-established firms over SMEs or VCSEs. The awarded contract via a framework agreement showcases an ongoing demand for advanced technological solutions within the financial regulatory sector, potentially leading to future collaborations and long-term partnerships with the FCA.

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Notice Information

Notice Title

Provision of a Data Cleansing and Formatting Tool (G-Cloud)

Notice Description

The FCA has awarded a Contract via G-Cloud 13 for the provision of a Data Cleansing and Formatting tool. The contract value is PS42,300 ex VAT for the initial 1 year term. The contract can be extended once for a 12 month period. The contract commenced on the 20th April 2024 ad year 1 will end on the 19th April 2024.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bcc2feb1-8b94-43ce-bd8c-9f46ab08e2ca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c18788fc-3ab7-4ca0-ab9e-b99247261f0d
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
£42,300 Under £100K
Lots Value
Not specified
Awards Value
£42,300 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Sep 20241 years ago
Submission Deadline
5 Mar 2024Expired
Future Notice Date
Not specified
Award Date
5 Mar 20242 years ago
Contract Period
20 Apr 2024 - 19 Apr 2025 6-12 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
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
Postcode Area
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

Chorus Intelligence

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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