Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of a Market Surveillance Solution

Financial Conduct Authority

This public procurement record has 4 releases in its history.

Award

05 Aug 2022 at 12:05

Award Notice
Award

05 Aug 2022 at 12:05

Award Notice
Tender

04 Oct 2021 at 12:14

Tender Notice
Planning

05 May 2021 at 14:25

Planning Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) is currently engaged in the procurement process for the "Provision of a Market Surveillance Solution." This procurement falls under the industry category of software package and information systems, with an estimated contract value of £5,044,967.05 excluding VAT for an initial term of sixty months, commencing on 1st August 2022 and potentially extending to July 2029. The procurement method adopted is an open procedure, and the tender process was completed with the contract award on 5th August 2022.

This contract presents a significant opportunity for businesses, particularly small and medium enterprises (SMEs), that specialise in software solutions, data analytics, or financial information systems. Companies capable of delivering robust Software as a Service (SaaS) solutions and those with expertise in market surveillance technologies and big data processing would be particularly well-suited to engage with the FCA. The ongoing demand for advanced market surveillance capability opens avenues for innovation and could lead to substantial growth for eligible vendors in this sector.

How relevant is this notice?

Notice Information

Notice Title

Provision of a Market Surveillance Solution

Notice Description

This is the Contract Award Notice for the FCA's Market Surveillance Solution.

Lot Information

Lot 1

This is the Contract Award Notice for the FCA's Market Surveillance Solution. The Initial term is for sixty (60) months with two (2) extension options of twelve (12) months on each occurrence. Additional information: This is a Contract Award Notice.

Options: There are two extension options of twelve (12) months.

Renewal: There will be two (2) options for renewal at the end of the initial five (5) year term. Each renewal will be for a maximum duration of 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ad5a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021545-2022
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

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

48812000 - Financial information systems

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

Notice Value(s)

Tender Value
£3,500,000 £1M-£10M
Lots Value
£3,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£5,044,967 £1M-£10M

Notice Dates

Publication Date
5 Aug 20224 years ago
Submission Deadline
1 Nov 2021Expired
Future Notice Date
2 Aug 2021Expired
Award Date
20 May 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

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

OneMarketData

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...