Award

Transcription, Translation and Interpreter Services

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

16 Aug 2021 at 17:15

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a tender process for 'Transcription, Translation and Interpreter Services' within the services sector, specifically categorised under translation services. The procurement method used was a selective or restricted procedure, and the awarded contract is valued at £1,500,000, having been signed on 26 April 2021. The contractual arrangement is set to last four years, with an optional one-year extension. The services will be delivered in the United Kingdom, with the process involving ten bids, nine of which came from small and medium enterprises (SMEs).

This contract represents a significant opportunity for SMEs specialising in services such as transcription, translation, and interpretation. Companies with expertise in providing verbatim digital and tape transcription, court stenography, and both telephone and face-to-face interpretation are particularly well-suited to compete for similar future tenders. The FCA’s approach highlights a commitment to engaging smaller enterprises, potentially allowing them to secure valuable contracts and grow within the public sector market.

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Notice Title

Transcription, Translation and Interpreter Services

Notice Description

The Financial Conduct Authority (FCA) is establishing a contractual mechanism with one Supplier to provide verbatim digital/tape transcription, court stenography, written translation and both telephone and face-to-face interpretation Services to the FCA for a period of four (4) years, with the option to extend for a further one (1) year period

Lot Information

Lot 1

The Financial Conduct Authority (FCA) is establishing a contractual mechanism with one Supplier to provide verbatim digital/tape transcription, court stenography, written translation and both telephone and face-to-face interpretation Services to the FCA for a period of four (4) years, with the option to extend for a further one (1) year period, starting from the 01st January 2021. Additional information: To respond to this opportunity please click here: https://fca.delta-esourcing.com/respond/R2XJ45M6FB

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d590
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020002-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

75 - Administration, defence and social security services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

48740000 - Foreign language translation software package

75231100 - Law-courts-related administrative services

79530000 - Translation services

79540000 - Interpretation services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,500,000 £1M-£10M

Notice Dates

Publication Date
16 Aug 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Apr 20214 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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
Annika Karabanova
Contact Email
fpsprocurement@fca.org.uk
Contact Phone
+44 02070661000

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

UBIQUS

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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