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Market Data Processing System

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

01 Jul 2022 at 16:40

Award Notice
Summary of the contracting process

The Financial Conduct Authority is seeking to maintain their Market Data Processing System, with the existing contract originally awarded on 22 March 2016 and set to run until 14 April 2026. This procurement falls under the goods category, specifically classification 48170000 for compliance software packages, with a total contract value of £10,750,000. This process has been classified as a selective procurement using a competitive dialogue method, relating to a modification rather than a new tender.

This modification presents opportunities for businesses specialising in compliance software, particularly those able to adapt or enhance existing solutions. Large enterprises and established software developers are best positioned to compete for this contract, given its scale and complexity. Interested candidates should have proven experience in contract modifications and an understanding of the regulatory landscape to effectively meet the Financial Conduct Authority's requirements.

How relevant is this notice?

Notice Information

Notice Title

Market Data Processing System

Notice Description

This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cc220b06-8df0-411c-99ed-380f2d6e9117
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c11fb7fa-51d3-4bd8-9579-2966a2b37f76
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48170000 - Compliance software package

Notice Value(s)

Tender Value
£10,750,000 £10M-£100M
Lots Value
Not specified
Awards Value
£10,750,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Jul 20224 years ago
Submission Deadline
22 Mar 2016Expired
Future Notice Date
Not specified
Award Date
22 Mar 201610 years ago
Contract Period
15 Apr 2016 - 14 Apr 2026 Over 5 years
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
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

Sopra Steria Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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