Award

CON-21-099 Enhance Due Diligence Tool

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

08 Sep 2021 at 07:17

Summary of the contracting process

The Financial Conduct Authority (FCA) has recently completed a tender for the project titled "CON-21-099 Enhance Due Diligence Tool" within the IT services industry, focusing on consulting, software development, internet, and support. This procurement process was conducted through an open procedure, with a total contract value of £30,000. The relevant procurement stage is now marked as "Award", following the end date of the tender period on 4th August 2021. The contract commenced on 5th August 2021 and is set to continue until 4th August 2022, covering delivery locations across the United Kingdom and multiple Crown dependencies.

This tender presents significant opportunities for businesses specialising in IT services, including software development and consulting firms. Companies with capabilities in creating user-friendly tools equipped for due diligence and compliance checks, especially those experienced in integrating international and domestic sanctions information, would be ideally positioned to engage with the FCA's requirements. Furthermore, businesses that can offer robust training and support services, alongside adaptable user licensing solutions, are likely to find valuable prospects for growth in this sector.

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Notice Title

CON-21-099 Enhance Due Diligence Tool

Notice Description

The FCA require a tool which is user friendly, allow search, retrieval, collation and dissemination of results in a simple and efficient way for wider organisational use. The tool should: Provide information relating to international and domestic-level sanctions list coverage; Provide information about Politically Exposed Persons (PEPs); Identify and show convictions (in the public domain) for numerous offences listed in our requirements as well as a list of those accused, investigated, arrested, charged, indicted, detained, questioned or placed on trial; Be available for demonstration to FCA staff showing its full capabilities; Be supported by easily accessible "Help and Support" to include on-line user training and guidance; Permit the FCA to switch users between staff as often as required and the facility for the FCA to swap users itself; Be licensed for sharing results across the FCA and reference our sources within formal documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cbceb95f-26f9-4a66-a01f-803e17b1e4cb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aad7773d-d115-4b3b-8add-c3077c6b7fda
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20214 years ago
Submission Deadline
3 Aug 2021Expired
Future Notice Date
Not specified
Award Date
7 Jul 20214 years ago
Contract Period
4 Aug 2021 - 4 Aug 2022 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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

EXIGER

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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