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Provision of Data Sets for the Market Surveillance Solution

Financial Conduct Authority

This public procurement record has 3 releases in its history.

Award

05 Aug 2022 at 12:05

Award Notice
Tender

31 Mar 2022 at 19:05

Tender Notice
Planning

30 Dec 2021 at 16:05

Planning Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has recently completed the procurement process for the "Provision of Data Sets for the Market Surveillance Solution." This contract falls under the data services industry category and encompasses an initial term of sixty months, commencing on 1st September 2022 and ending on 31st August 2027, with an option to extend for an additional two years. The tender was processed through an open procurement method, with a total award value of £756,290.56 (excluding VAT). Interested parties can find more detail in the related award notices.

This tender presents significant opportunities for businesses specialising in data services, particularly those capable of providing market data and sentiment analysis feeds. Firms that possess strong capabilities in scalability, delivery, flexibility, and implementation of data solutions would be well-suited to compete for future similar contracts with the FCA. The openness of the procurement process encourages participation from a range of suppliers, fostering a competitive environment ideal for innovation and growth in the data services sector.

How relevant is this notice?

Notice Information

Notice Title

Provision of Data Sets for the Market Surveillance Solution

Notice Description

This is the Contract Award Notice for the provision of Data Sets, covering Market Data and the Sentiment Analysis feed. These data sets are used in the FCA's Market Surveillance Solution.

Lot Information

Lot 1

This is the Contract Award Notice for the provision of Data Sets, covering Market Data and the Sentiment Analysis feed. These data sets are used in the FCA's Market Surveillance Solution. Additional information: This is a Contract Award Notice

Options: There are two options to extend at the end of the initial sixty (60) month term. Both extension options are for 12 months.

Renewal: There will be two renewal options, each for 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030654
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021541-2022
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£756,290 £500K-£1M

Notice Dates

Publication Date
5 Aug 20224 years ago
Submission Deadline
22 Apr 2022Expired
Future Notice Date
1 Apr 2022Expired
Award Date
29 Jun 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

Refinitiv Limited and LSEG Business

Further Information

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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