---
title: "GB-London: CON-21-129 Priority Asset Management"
ocid: "ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL CONDUCT AUTHORITY"
published: "2022-09-05"
---

# GB-London: CON-21-129 Priority Asset Management

Buyer: FINANCIAL CONDUCT AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b

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## Summary

The Financial Conduct Authority has recently awarded a contract for a Privileged Access Management (PAM) Solution under the title "CON-21-129 Priority Asset Management". The procurement process was completed via the G-Cloud 12 Framework. The contract, valued at £37,329.76 GBP, was awarded to Softcat Plc. The contract period is from 1st September 2022 to 31st August 2024. The tender period ended on 22nd November 2021. The procurement falls under the "services" category and the delivery address is in London, United Kingdom.

This procurement opportunity for a PAM Solution by the Financial Conduct Authority is particularly suited for businesses in the software package and computer systems industry. This contract could create growth opportunities for firms specialising in cybersecurity solutions, information technology services, or software development. The awarded contract provides businesses with the chance to collaborate with the Financial Conduct Authority and contribute to enhancing privileged access controls within their IT systems, thus helping mitigate risks related to data breaches and unauthorised access.

## Notice

A Privileged Access Management (PAM) Solution that will include contracting with a 3rd party to initially procure their PAM tool and start onboarding some Pilot systems before rollout across the in-scope systems in the organisation. Our IT administrators have complete control over the systems they control and can access large volumes of data, possibly sensitive or insider information. Many are not FCA employees. A large proportion are offshore employees of our suppliers. We place a very high degree of trust in them. Whilst we vet them, this is an imperfect control. Administrator accounts are increasingly being hacked into and used to spread disruptive ransomware within organisations. We have seen examples of high-value bribes being offered to IT administrators by organised criminal gangs. The FCA currently has inadequate controls for privileged access to our systems. Although a range of manual mitigation actions are underway, best practice indicates that managing privileged access, given the evolving threat landscape, is not possible without a specialised PAM tool. It is anticipated that the solution will introduce best practices and more granular control of how IT administrators access FCA systems. It is also expected that the solution will assist in mitigating the identified corporate risks of unauthorised access and the abuse of such access. Additional information: Awarded via G-Cloud 12 Framework

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7b72d9f4-cdc2-4097-9a34-ef7ee43e1e9a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Sep 2022 |
| Submission deadline | 22 Nov 2021 |
| Future notice date | Not specified |
| Award date | 22 Nov 2021 |
| Contract period | 31 Aug 2022 - 31 Aug 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £37,329 |
| Lots value | Not specified |
| Awards value | £37,329 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL CONDUCT AUTHORITY |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SOFTCAT |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48900000 - Miscellaneous software package and computer systems

## Release History

- 5 Sep 2022 at 12:55 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7b72d9f4-cdc2-4097-9a34-ef7ee43e1e9a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7b72d9f4-cdc2-4097-9a34-ef7ee43e1e9a
  5th September 2022 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=718696329
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4bb8cc60-045c-4f5d-a2e7-2cc352effb1b.json.