Notice Information
Notice Title
Market Data Processing System
Notice Description
This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118
Lot Information
Lot 1
Markets Data Processor (MDP) is an externally managed platform that collects MiFID II / MAR data from Market Participants, validates the data, supports data management. The data is used at the FCA to supervise financial markets, primarily for the detection of market abuse, market manipulation and breeches of commodity derivatives position limits. Following a Request for Information (RFI) process, advertised through The UK Find a Tender Service under reference 2022/S 000-008070, it has been determined to enable a future procurement, which is both fair and transparent a modification to the existing platform is required. This modification is to simplify the solution, refreshing legacy system components to ensure business continuity while a future procurement is undertaken. Allowing sufficient time for process and transition to take place without business interruption. The FCA has taken the decision, subject to Regulation 72(1)(b) to modify the existing end date of the contract from the 14th April 2023 to the 14th April 2026, this includes the year 8 option, which would have run from 15th April 2023 to the 14th April 2024 and as such this modification is for an additional 2 (two) years based maximum term of the Contract. The value of the modification is PS10,750,000 ex VAT. The original Award value of the Market Data Processing Solution was PS23,500,000 ex VAT and published in OJEU under reference 2016/S 059-100118. The new end date reflects the time and the technical work required to update, simplify the solution and document the new architecture in readiness for the future procurement. Additional information: This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-034d96
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/018158-2022
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Standard
- Procurement Category
- Goods
- Procurement Method
- Selective
- Procurement Method Details
- Competitive dialogue
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
48 - Software package and information systems
66 - Financial and insurance services
72 - IT services: consulting, software development, Internet and support
-
- CPV Codes
48170000 - Compliance software package
48442000 - Financial systems software package
66172000 - Financial transaction processing and clearing-house services
72000000 - IT services: consulting, software development, Internet and support
72212000 - Programming services of application software
72212517 - IT software development services
72232000 - Development of transaction processing and custom software
72250000 - System and support services
72253000 - Helpdesk and support services
72253100 - Helpdesk services
72261000 - Software support services
72262000 - Software development services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £34,250,000 £10M-£100M
Notice Dates
- Publication Date
- 4 Jul 20223 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 22 Mar 20169 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
- Not specified
- Contact Email
- fcaprocurement@fca.org.uk
- Contact Phone
- +44 2070661000
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
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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