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UK Bond Consolidated Tape Provider

Financial Conduct Authority

This public procurement record has 2 releases in its history.

TenderUpdate

12 Mar 2025 at 15:11

Tender Notice
Tender

03 Dec 2024 at 15:32

Tender Notice
Summary of the contracting process

Financial Conduct Authority (FCA) is inviting applications for the role of UK Bond Consolidated Tape Provider, classified under Financial market regulatory services. Located in London, this tender process falls under the services category and is currently active and at the tender stage. Key dates for the procurement process include the publication of tender documents by 31 January 2025. Prospective bidders must register electronically through FCA’s e-sourcing system, Atamis.

This tender offers significant business growth opportunities, particularly for firms with expertise in financial data aggregation and dissemination. Suitable businesses include those proficient in managing high-volume, real-time data feeds and possessing technical and organisational capabilities to comply with FCA regulations. The contract, valued at approximately £29,500,000 over five years with potential revenue variation based on market demand, presents a platform for enhancing a firm's financial services portfolio and expanding market reach.

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Notice Information

Notice Title

UK Bond Consolidated Tape Provider

Notice Description

FCA is cancelling this notice as it has issued a new notice for the requirement. Link for new notice:<br/><br/>https://www.find-tender.service.gov.uk/Notice/008302-2025?origin=SearchResults&p=1

Lot Information

Lot 1

The FCA is inviting applications from interested parties to tender for a contract for a single provider to offer the UK bond consolidated tape (CT). The successful applicant will, once authorised by the FCA, aggregate post-trade data for bond transactions on UK venues and reported via APAs and distribute this as a real-time continuous data feed and as a corrected historical account of trades since the CT's inception to a variety of users. The contract for providing the UK bond CT will be awarded to the successful applicant from this tender process, once they have been authorised, for a fixed five-year term, commencing from a date to be determined by the FCA. The FCA may also identify a reserved concessionaire who may be awarded the contract if the successful applicant has failed to be authorised.

The FCA Handbook requirements applying to a CTP are set out in Chapter 9 of the Market Conduct (MAR) Sourcebook and Chapter 15A of the Senior Management Arrangements, Systems and Controls (SYSC) Sourcebook. The policy documents related to the development of those rules were Consultation Paper 23/14, Consultation Paper 23/33 and Handbook Notice 117.

Based on our cost-benefit analysis estimates, we estimate that the cost of establishing and running a CTP may be approximately PS29,500,000 (excluding VAT) over the 5-year contract, reflected in the estimated total value below. The actual revenues of the CTP will vary based on market demand for the CT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c1ed
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009034-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66152000 - Financial market regulatory services

Notice Value(s)

Tender Value
£29,500,000 £10M-£100M
Lots Value
£29,500,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 20251 years ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Financial Conduct Authority
Additional Buyers

FCA

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
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Further Information

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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