Award

Flexera subscription

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

05 Nov 2018 at 11:49

Award

05 Nov 2018 at 11:00

Summary of the contracting process

The Financial Conduct Authority conducted a tender for a subscription to Flexera, which is classified under IT services such as consulting and software development. The procurement process was initiated with a direct procurement method, specifically a single tender action below the threshold, and the contract period spans from 30th June 2018 to 29th June 2021. The contract valued at £500,000 had a minimum value requirement of £250,000. The tender period concluded on 29th June 2018, with the award notice being published on 5th November 2018.

This contract presents significant opportunities for businesses engaged in IT services, especially those who specialise in software development and support. Given the large scale of the awarded supplier, Insight Direct (UK) Ltd, other large IT firms may find this a competitive space, particularly if they can offer unique solutions or enhancements related to Flexera's offerings. Additionally, firms looking to develop relationships within the financial services sector could leverage this opportunity to expand their client base and showcase their capabilities.

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Notice Title

Flexera subscription

Notice Description

Flexera subscriptions from 30/06/18 - 29/06/21

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-faabb004-c594-4120-b3ba-dc4b0779e424
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5b2ac390-eba0-4bc1-9192-b5c599c49243
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below 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
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£1,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20187 years ago
Submission Deadline
29 Jun 2018Expired
Future Notice Date
Not specified
Award Date
28 Jun 20187 years ago
Contract Period
29 Jun 2018 - 29 Jun 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE 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

Supplier Information

Number of Suppliers
1
Supplier Name

INSIGHT DIRECT (UK

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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