Tender

Provision of Proactive Monitoring and Takedown Services

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Tender

11 Dec 2024 at 12:24

Summary of the contracting process

The Financial Conduct Authority (FCA) is inviting bids for the provision of proactive monitoring and takedown services, specifically within the financial market regulatory services industry. This procurement process is currently at the tender stage and is set to close on 31 January 2025. The contract is valued at £250,000 and focuses on web scanning and cybercrime disruption services targeting investment scams affecting UK consumers. Interested businesses must register on Atamis to access the tender documentation. The contract period is two years, with an option to extend for up to four years. The services will primarily cover the region UKI4.

This tender offers significant opportunities for businesses specialising in cyber security, financial regulation, and data analytics. Companies capable of delivering extensive web scraping and monitoring services on a large scale and speed are encouraged to bid. The requirement for strong data analytical tools opens doors for tech firms with innovative solutions in fraud detection and prevention. Additionally, with the FCA setting clear suitability criteria in their procurement documentation, firms with a solid track record in similar projects stand a good chance of winning this contract, setting the stage for considerable business growth and enhancement of market reputation.

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Notice Title

Provision of Proactive Monitoring and Takedown Services

Notice Description

The FCA is looking for a supplier to provide web scanning and cybercrime disruption services in relation to investment scams that target UK consumers.<br/><br/>The FCA requires services that will support the FCA in its proactive identification and take-down of websites, telephone numbers and social media accounts containing infringing content, with a particular focus on illegal financial promotions of products and services of investments or financial services. We are also looking for the supplier to have strong data analytical tools that can carry out proactive monitoring and web scraping on a far reaching, speedy, industrialised basis.

Lot Information

Lot 1

The FCA is looking for a supplier to provide web scanning and cybercrime disruption services in relation to investment scams that target UK consumers.

The FCA requires services that will support the FCA in its proactive identification and take-down of websites, telephone numbers and social media accounts containing infringing content, with a particular focus on illegal financial promotions of products and services of investments or financial services. We are also looking for the supplier to have strong data analytical tools that can carry out proactive monitoring and web scraping on a far reaching, speedy, industrialised basis.

Renewal: Option to extend for further two periods of 12 months. Maximum duration of contract 4 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c64c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/039898-2024
Current Stage
Tender
All Stages
Tender

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
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
£250,000 £100K-£500K
Lots Value
£250,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20241 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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
+44 8001116768

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
TLI4 Inner London - East

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

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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