Award

Records Management and Related Services

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Award

10 May 2023 at 18:05

Tender

07 Oct 2022 at 18:05

Summary of the contracting process

The Financial Conduct Authority (FCA) has awarded a contract for Records Management and Related Services to The Hill Company Limited. The contract is valued at £6,000,000 and was signed on January 5, 2023. The procurement process was carried out through an open procedure, with a tender ID of CON-22-168. The services will be provided to the FCA's offices in London, Edinburgh, and Leeds, covering document management, archiving, scanning, data storage, and archive destruction.

This tender opportunity presents lucrative prospects for businesses specializing in records management services, document management systems, archiving services, and related areas. Companies with expertise in these fields and the capacity to handle large-scale contracts are well-suited to compete. The contract includes a potential extension period of two years beyond the initial six-year term, offering stability and growth opportunities for the selected supplier.

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Notice Title

Records Management and Related Services

Notice Description

The FCA is seeking to appoint a single supplier in relation to the following requirement. The FCA is establishing a contractual mechanism to provide Records Management and Related Services to the FCA for a period of six years starting from 1 May 2023, with an option to extend for a further period of two years. The supplier will be required to provide Records Management services to the FCA's estate, which currently comprises of offices located at 12 Endeavour Square, Stratford, London E20 1JN where approximately 4,000 staff are located. There are currently separate offices in Edinburgh at Quayside House, 127 Fountainbridge, EH3 9QG and Leeds 6 Queen Street, LS19 6BG. The Contract will be owned and managed by the FCA, with provision for it to be used by itself and any person or company authorised by the FCA to receive the Services including without limitation the Payment Systems Regulator (PSR).

Lot Information

Lot 1

The FCA is seeking to appoint a single supplier in relation to the following requirement. The FCA is establishing a contractual mechanism to provide Records Management and Related Services to the FCA for a period of six years starting from 1 May 2023, with an option to extend for a further period of two years. The supplier will be required to provide Records Management services to the FCA's estate, which currently comprises of offices located at 12 Endeavour Square, Stratford, London E20 1JN where approximately 4,000 staff are located. There are currently separate offices in Edinburgh at Quayside House, 127 Fountainbridge, EH3 9QG and Leeds 6 Queen Street, LS19 6BG. The Contract will be owned and managed by the FCA, with provision for it to be used by itself and any person or company authorised by the FCA to receive the Services including without limitation the Payment Systems Regulator (PSR).

Renewal: The contract is for a period of six years starting from 1 May 2023, with an option to extend for a further period of 2 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-037428
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013387-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

48 - Software package and information systems

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

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

92 - Recreational, cultural and sporting services


CPV Codes

48311100 - Document management system

72317000 - Data storage services

72512000 - Document management services

79995100 - Archiving services

79996100 - Records management

79999100 - Scanning services

92512100 - Archive destruction services

Notice Value(s)

Tender Value
£6,000,000 £1M-£10M
Lots Value
£6,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£6,000,000 £1M-£10M

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
7 Nov 2022Expired
Future Notice Date
Not specified
Award Date
5 Jan 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
72-96 months

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
Contact Email
fpsprocurement@fca.org.uk
Contact Phone
+44 2070666100

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

THE HILL

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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