Award

Provision of a Digital Test Envionment

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Award

12 Oct 2022 at 15:05

Tender

27 May 2022 at 13:05

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed the award process for the Provision of a Digital Test Environment (DTE) contract. The initial term is for 3 years with a total value of £1,023,660 ex VAT. The DTE aims to assist the FCA in becoming an agile, innovative, confident, and data-driven regulator by providing firms with a secure environment for experimentation and scaling of proof of concepts. The FCA is the buying organisation that awarded the contract. The procurement method was an open procedure, and the contract was awarded to NayaOne Limited.

This tender presents an opportunity for businesses in the information systems industry to compete and potentially grow. Companies offering services related to information systems, digital testing environments, and innovation technologies would be well-suited to bid for such contracts. The contracting process is now complete, and business entities looking to collaborate with the Financial Conduct Authority on digital innovation projects should monitor similar future opportunities from the FCA.

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Notice Title

Provision of a Digital Test Envionment

Notice Description

The Financial Conduct Authority (FCA) is awarding the Contract for the Provision of a Digital Test Environment (DTE). The DTE will assist the FCA in achieving its goal of being an agile, innovative, confident, and data-driven regulator. The DTE will aim to facilitate firms at early-stage ideation with access to data, within a secure environment that facilitated experimentation and scaling for proof of concepts. This will become form a part of FCAs external and potentially internal innovation services.

Lot Information

Lot 1

The Financial Conduct Authority (FCA) is awarding the Contract for the Provision of a Digital Test Environment (DTE). The DTE will assist the FCA in achieving its goal of being an agile, innovative, confident, and data-driven regulator. The DTE will aim to facilitate firms at early-stage ideation with access to data, within a secure environment that facilitated experimentation and scaling for proof of concepts. This will become form a part of FCAs external and potentially internal innovation services. Additional information: This is a Contract Award for the Provision of a Digital Test Environment (DTE).

Options: There will be two options to renew at the end of the Initial Term. Both extension options will be for 12 months. If all extension options are utilised the total term of the contract will be 60 Months.

Renewal: There will be two options to renew at the end of the Initial Term. Both extension options will be for 12 months. If all extension options are utilised the total term of the contract will be 60 Months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0340ec
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028731-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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


CPV Codes

48810000 - Information systems

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
£1,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,023,660 £1M-£10M

Notice Dates

Publication Date
12 Oct 20223 years ago
Submission Deadline
27 Jun 2022Expired
Future Notice Date
Not specified
Award Date
28 Jul 20223 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
Paul Riley
Contact Email
paul.riley@fca.org.uk
Contact Phone
+44 2070660911

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

NAYAONE

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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