Award

Security Operation Centre

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 2 releases in its history.

Award

10 Nov 2023 at 10:05

Tender

03 Feb 2023 at 19:05

Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) has completed a procurement process for a Security Operation Centre in the services category. The contract involves the provision of a Managed Security Operation Centre with SIEM capability for monitoring FSCS services around the clock. The total contract value amounts to £2,209,938, with the contract lasting for 3 years starting from 16th October 2023.

This tender presents a business growth opportunity for firms specializing in information technology services, particularly those experienced in managing security operation centres. Companies offering services such as log ingestion, monitoring, detection, and response, as well as threat intelligence analysis would be well-suited to compete for this contract. The procurement stage has been completed, with Bridewell Consulting Limited currently holding the active contract with FSCS.

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Notice Title

Security Operation Centre

Notice Description

A Managed Security Operation Centre with SIEM capability covering 24 hours, 7 days a week operation monitoring FSCS services to meet the Service Levels provided in the ITT

Lot Information

Lot 1

i)A Managed Security Operation Centre with SIEM capability covering 24 hours, 7 days a week operation monitoring FSCS services to meet the Service Levels provided in the ITT ii)Ingest logs from FSCS IT services and provide monitoring, detection, and response iii)To consume logs in a range of formats and from multiple sources on premise and in the azure cloud, iv)To apply threat intelligence analysis to the technologies and services that comprise of the FSCS IT estate. v)Hosts and services located in cloud and on-premises environments shall be scanned and vulnerabilities highlighted. vi)To include regular real-time and summary reporting, and dashboards vii)To implement, configure and provide on-boarding support and assistance to FSCS in respect of the Services viii)To provide on-going account management and service management ix)To develop and tune the service to reduce false positives x)To work with FSCS to enhance the Services in line with changes to best practice

Renewal: This includes the option to extend twice, each for a period of up-to 24 months. Therefore this is a 3 + 2 + 2

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a2fd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033250-2023
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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


CPV Codes

48730000 - Security software package

72222300 - Information technology services

Notice Value(s)

Tender Value
£6,000,000 £1M-£10M
Lots Value
£6,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£2,209,938 £1M-£10M

Notice Dates

Publication Date
10 Nov 20232 years ago
Submission Deadline
10 Mar 2023Expired
Future Notice Date
Not specified
Award Date
15 Oct 20232 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 SERVICES COMPENSATION SCHEME
Additional Buyers

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Contact Name
Not specified
Contact Email
procurement@fscs.org.uk
Contact Phone
+44 2073758194

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BRIDEWELL CONSULTING

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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