Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Transcription, Translation and Interpreter Services

Financial Conduct Authority

This public procurement record has 1 release in its history.

Award

17 Aug 2021 at 14:15

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has awarded a contract for Transcription, Translation and Interpreter Services within the services industry sector, with a total value of £1,500,000. This procurement, initiated as a selective tender, marks the completion of a four-year agreement that commenced on 1 January 2021, including an option for a one-year extension. The services are to be delivered across the United Kingdom, and the successful supplier for this contract is Ubiqus UK Limited. Key contact for the procurement is Annika Karabanova, reachable at FPSProcurement@fca.org.uk, with the contract officially signed on 26 April 2021.

This tender presents substantial opportunities for small and medium-sized enterprises (SMEs) in the transcription and translation industry. Given the competitive nature of the tender process, businesses specialising in digital transcription, court stenography, and interpretation services would be well-positioned to engage in future procurements. With nine of the ten bids for this contract having been submitted by SMEs, it highlights a conducive environment for similar businesses to compete effectively in service provisions to governmental bodies like the FCA.

How relevant is this notice?

Notice Information

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

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d5e6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020087-2021
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
17 Aug 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Apr 20215 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

Ubiqus UK Limited

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...