Tender

CON18-059 Social Media Analysis Platform

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Tender

05 Mar 2019 at 16:45

Tender Notice
Tender

16 Jul 2018 at 10:20

Tender Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) is currently procuring a social media analysis platform as their existing contract is set to end in March 2019. The tender, titled "CON18-059 Social Media Analysis Platform," falls under the services industry category, specifically classified as software package and information systems (CPV 48000000). Located in London, the procurement process is at the tender stage, with a deadline for submissions on 15 August 2018. The successful bidder will deliver a Software as a Service (SaaS) solution, supporting the FCA for a core contract term of two years, valued at £145,000, with potential extensions bringing the total to £298,000 excluding VAT.

This tender presents significant opportunities for businesses, particularly those specialised in software development and information systems. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) would be well-suited to compete, given the FCA's requirements for meeting strict criteria and providing effective ongoing support. Suppliers are encouraged to familiarise themselves with the eSourcing portal of the FCA and ensure timely submission of their expressions of interest and documentation to successfully participate in this competitive procurement process.

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Notice Information

Notice Title

CON18-059 Social Media Analysis Platform

Notice Description

The Financial Conduct Authority (FCA) ran a procurement for a social media analysis platform with its existing contract coming to an end in March 2019. We were looking for the best value and most effective option for providing access to social media and other relevant content through Software as a Service (SaaS) social media analysis platform. The selected service provider will provide a SaaS platform which meets all of the mandatory FCA requirements, to fully implement, configure and onboard FCA users within the timeframes set by the FCA, and provide support services throughout the contract term of two years, with up to two optional 1-year extensions. Additional information: The contract value for the core 2-year term is PS145,000 excl VAT. This value does not include the two optional extensions, for one year each time, which can bring the total of the contract to PS298,000 excl VAT. Five of the six shortlisted suppliers responded to the ITT. We provide detail of the winning supplier, Synthesio Ltd.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-de5b765a-829f-408e-91b3-499f5edb7cf1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/efe6fac2-9c75-45c7-9510-7b81b7b48dbe
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48000000 - Software package and information systems

48220000 - Internet and intranet software package

48460000 - Analytical, scientific, mathematical or forecasting software package

48480000 - Sales, marketing and business intelligence software package

48482000 - Business intelligence software package

48500000 - Communication and multimedia software package

48810000 - Information systems

72212500 - Communication and multimedia software development services

Notice Value(s)

Tender Value
£298,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 20196 years ago
Submission Deadline
22 Oct 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Feb 2019 - 10 Feb 2023 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
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
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

Further Information

Notice Documents

Notice URLs

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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