Find a TenderAwarded

Published 15 Nov 2021, 16:15 GMT

Official UK procurement notice

CON-21-141 Cryptoasset Blockchain Analysis Platform

Official notice

Authority: Financial Conduct Authority

GoodsOpen procedure

Sectors: Software Packages & ERP (48) Delivery: London (UKI4)

Published estimate£500,000exc. VAT32.2% below published estimate

Submissions closed 16 Dec 2021awarded 1 Jul 2022

Awarded to Chainalysis Inc

What is being bought

Published requirement description

On 10th January 2020 the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for firms carrying out certain in scope cryptoasset activity in the UK. The FCA is required under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs) to approve and register firms conducting in scope cryptoasset activities and ensure that these firms are effectively monitored to secure compliance with these regulations.

As the supervisor of in scope cryptoasset activity in the UK, the FCA requires access to specialist services to support the analysis of cryptoasset blockchain data. The FCA is seeking the services of a third-party firm specializing in this area who can provide access to a platform that can support the robust and efficient analysis of cryptoasset blockchain data and provide training and ongoing support in the use of this platform.

CPV: Financial information systems

The lotProcurement structure

single lot · value published

Lot #1AwardedPublished value£500,000

Delivery: London · Inner London – East

Variant bids: allowed

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Quality: 80%Price: 20%

Published sub-criteria (4)

Technical - Functional: 70%
Non-Functional (Business related): 5%
Non-Functional (Technical): 5%
Total Cost of Ownership: 20%

Published award criteria (4)

Technical - Functional: 70
Non-Functional (Business related): 5
Non-Functional (Technical): 5
Total Cost of Ownership: 20

What this means for your bid

Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Goods
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: No (one-off requirement)
First published: 15 Nov 2021, 16:15 GMT
Last source update: 18 Jul 2022, 10:05 BST
Award evaluation window: 16 Dec 2021 – …
Authority reference: CON-21-141
FTS notice number: 2022/S 000-019505
Classification (CPV): Financial information systems
Delivery area: London (UKI4)
Official registry OCID: ocds-h6vhtk-02f6c1 Find a Tender

Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=706412092 GO Reference: GO-2022718-PRO-20629263

How it was run

Official notice

Run through: Delta eSourcing · Who buys & how to bid on Delta

Public notice page · account needed to bidLanguage: EN

Access & registration note: Free Select account; no DUNS asked at signup

Submission deadline: 16 Dec 2021, 12:00 GMT
Submission channel: {"electronicSubmission","written"}
Accepted languages: en
Bid validity: 120 days from the deadline
Bids opened: 16 Dec 2021, 12:00 GMT

Detailed submission instructions & authority contactsFrom official release

www.delta-esourcing.com/tenders/UK-UK-London… ↗

Timeline

16 Dec 2021 → 18 Jul 2022 · 3 dates

Submission deadline
16 Dec 2021, 12:00 GMT
Bids opened
16 Dec 2021, 12:00 GMT
Notice published
18 Jul 2022, 10:05 BST

Notice history

1 event · 2 releases on Find a Tender

Status changed to complete
18 Jul 2022, 10:05 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £339,2041 contract exc. VAT

Bids received 9

Contracts signed 1latest 1 Jul 2022

Awarded to	Value	Date	Status
Chainalysis IncCryptoasset Blockchain Analysis Platform	£339,204 †	—	Awarded

Contracts

Cryptoasset Blockchain Analysis Platform · Chainalysis Inc
Signed
1 Jul 2022
Value
£339,204
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
9bids · 9 electronic	—	—	—

Contracting authority & participating public bodies

Financial Conduct Authority

Contracting authorityFinancial RegulatorFinancial Regulation 12 Endeavour Square, London, London, E20 1JNContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice

Chainalysis IncAwarded supplierN/A 228 Park Avenue, New York, US

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.