Financial Trading

{
  "id": "016696-2023",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2023-06-13T12:05:11+01:00",
  "ocid": "ocds-h6vhtk-02cee0",
  "buyer": {
    "id": "GB-UKPRN-UKPRN: 10005790",
    "name": "Sheffield Hallam University"
  },
  "awards": [
    {
      "id": "016696-2023-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-09545988",
          "name": "Zishi Cornerstone Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-02cee0",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "options": {
          "description": "Please refer to the contract description sections of this notice for further details of options including the option to break the 5 year term and expansion in the scope of services."
        },
        "hasOptions": true,
        "description": "The contract with the provider is to deliver or support the delivery of independently accredited, Ofqual registered level 5 and level 7 financial trading qualifications as a component / module of a wider University Undergraduate and Postgraduate course. The level 5 qualification (as part of the BSc Financial Trading and Investment Management Course) is to be delivered by the provider on the provider's premises in central London. The Level 7 qualification (as part of the MSc Global Financial Trading Course) is to be delivered by the University at the University's Sheffield Campus but supported by the provider through the secondment of the provider's teaching staff and the licence of their level 7 qualification materials to the University.\nThe University's BSc Financial Trading and Investment Management course, which currently only accepts home students, requires a 30 credit level 5 financial trading module which runs over a period of approximately 6 weeks and aligns to the aims and objectives of the course. The module, to be delivered by the provider, must equip students with the necessary knowledge, skills and behaviours to be competitive in the job market for a wide range of graduate level roles in the Financial Services industry.\nThe University's MSc Global Financial Trading course, which accepts both home students and international students, requires a 30 credit level 7 financial trading module again running over approximately 6 weeks and which aligns to the aims and objectives of the course. The provider will support the delivery of this module through the secondment of their teaching staff and licensing their level 7 module materials to the University. The module must equip students with the necessary knowledge, skills and behaviours to be competitive in the job market for a wide range of postgraduate level roles in the Financial Services industry.\nThe University has the right to agree changes to the approach to a module's delivery, including but not limited to the location for delivery and responsible party for delivery, over the life of the contract in order to meet any changes in circumstances, opportunities for growth, or new or changed regulatory requirements applicable to the University and/or the delivery of its courses.\nBoth Undergraduate and Postgraduate courses are applied in nature and the University has contracted with a provider who has trading qualifications that can be delivered with an emphasis on real life, hands on experience. The provider's teaching staff are experienced financial market traders who can demonstrate both the academic and professional capability to develop the next generation of Financial Services professionals.\nIn light of the success of the University's UK based delivery on the above courses, as part of the contract, there is the potential to expand the offering for delivery internationally which may include, but is not limited to, course or module delivery in the following locations: India, China and The Middle East and Africa with immediate effect. The contract allows for the delivery of the provider's trading qualifications internationally both on a face to face and remote basis.\nOur international expansion plans are still at a relatively early stage but are ambitious. If required, the appointed provider can scale their provision for multiple student cohorts running in different countries simultaneously.\nAs part of the contract, there is the potential, but no guarantee that, the University may extend the scope of the provider's services into other complimentary areas which could include but is not limited to: commercial enterprises, employability offers and further course development in partnership.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "Please refer to contract description"
        },
        "deliveryAddresses": [
          {
            "region": "UKE32"
          },
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66100000",
            "scheme": "CPV",
            "description": "Banking and investment services"
          }
        ]
      }
    ],
    "title": "Financial Trading",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Sheffield Hallam University has contracted with a provider to deliver or support the delivery of both level 5 and level 7 Ofqual registered Financial Trading qualifications as modules which are integrated into established Undergraduate and Post Graduate Financial Trading courses at the University. The provider will deliver or support the delivery of their qualifications nationally and internationally with the potential to expand the scope of the contract into other complimentary areas.\nThe contract is for a five year term plus any applicable cohort run-off period(s) and is for teaching delivery commencing in June 2023. There will be the right to break at the end of year 3 of the potential 5 year term.",
    "classification": {
      "id": "80300000",
      "scheme": "CPV",
      "description": "Higher education services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "The University issued a Prior Information Notice (PIN) in the Official Journal reference PIN\n2021/S 000-018290 on 30 July 2021 and a further PIN on Find a Tender on 25 January\n2022. The latter PIN invited interested parties to participate in a preliminary market\nconsultation exercise (PMC). The University only received one response to the PINs and\nPMC, which was from the party to whom the University has awarded the contract. No\nother providers indicated they had the technical capability to deliver the University's\nrequirements in the timescales required including the stand-alone, Ofqual registered,\nprofessional trading qualifications included within the University's courses at both level 5\nand level 7. Consumer protection law relating to student contracts requires the University to\nbe clear about course content and provision at an early stage in the student application and\noffer process which in turn requires the University to have secured its arrangements with any\nthird-party provider involved in a course (and with the necessary capabilities) at least 12\nmonths ahead of the student intake date. In the absence of any other provider with the\nnecessary technical capabilities, in the timescales required by the University and as required\nby consumer law - which has been demonstrated by the outcome of the two PINs and the\nPMC - the University believes it is justified in adopting the negotiated procedure without\nprior publication of a call for competition.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_TECHNICAL",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-UKPRN-UKPRN: 10005790",
      "name": "Sheffield Hallam University",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE32",
        "locality": "SHEFFIELD",
        "postalCode": "S11WB",
        "countryName": "United Kingdom",
        "streetAddress": "City Campus,Howard Street"
      },
      "details": {
        "url": "http://www.shu.ac.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "09",
            "scheme": "COFOG",
            "description": "Education"
          }
        ]
      },
      "identifier": {
        "id": "UKPRN: 10005790",
        "scheme": "GB-UKPRN",
        "legalName": "Sheffield Hallam University"
      },
      "contactPoint": {
        "name": "Procurement Team",
        "email": "strategicprocurement@shu.ac.uk"
      }
    },
    {
      "id": "GB-COH-09545988",
      "name": "Zishi Cornerstone Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKJ4",
        "locality": "Kent",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.thezishi.com",
        "scale": "large"
      },
      "identifier": {
        "id": "09545988",
        "scheme": "GB-COH",
        "legalName": "Zishi Cornerstone Limited"
      }
    },
    {
      "id": "GB-FTS-10248",
      "name": "Sheffield Hallam University",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "Sheffield",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.shu.ac.uk"
      },
      "identifier": {
        "legalName": "Sheffield Hallam University"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "016696-2023-1",
      "value": {
        "amount": 1925000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "016696-2023-1",
      "dateSigned": "2023-05-24T00:00:00+01:00"
    }
  ],
  "description": "The figure included for contract value represents a mid-point in a value\nrange between £1,100,000 GBP and £2,751,000 GBP (exclusive of VAT) based on current\nprice per student fees. This value range is an estimate and indicative only and does not\ninclude potential fees arising from expansion into other complementary commercial service\nareas (as referred to below). The actual outturn figure for contract value will depend upon a\nvariety of factors and uncertainties and whether all potential opportunities and ambitions for\nthe partnership are fully exploited during the term of the contract and so is not guaranteed. These factors include but are not limited to: the number of students recruited, both home students and\ninternationally for the MSc and BSc courses; expansion to include delivery in international\nlocations and, other expansion plans and ambitions for the partnership into complementary\ncommercial and service areas.",
  "initiationType": "tender"
}

{
  "id": "024966-2022",
  "tag": [
    "award",
    "contract"
  ],
  "date": "2022-09-06T14:49:29+01:00",
  "ocid": "ocds-h6vhtk-02cee0",
  "buyer": {
    "id": "GB-UKPRN-10005790",
    "name": "Sheffield Hallam University"
  },
  "awards": [
    {
      "id": "024966-2022-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-09545988",
          "name": "Zishi Cornerstone Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-02cee0",
    "lots": [
      {
        "id": "1",
        "options": {
          "description": "Please refer to the contract descriptions at sections II.1.3 and II.2.1 regarding the option to break the 5 year term and options to expand the scope of services."
        },
        "hasOptions": true,
        "description": "The contract with the provider is to deliver or support the delivery of independently accredited, Ofqual registered level 5 and level 7 financial trading qualifications as a component / module of a wider University Undergraduate and Postgraduate course. The level 5 qualification (as part of the BSc Financial Trading and Investment Management Course) is to be delivered by the provider on the provider's premises in central London. The Level 7 qualification (as part of the MSc Global Financial Trading Course) is to be delivered by the University at the University's Sheffield Campus but supported by the provider through the secondment of the provider's teaching staff and the licence of their level 7 qualification materials to the University. \nThe University's BSc Financial Trading and Investment Management course, which currently only accepts home students, requires a 30 credit level 5 financial trading module which runs over a period of approximately 6 weeks and aligns to the aims and objectives of the course. The module, to be delivered by the provider, must equip students with the necessary knowledge, skills and behaviours to be competitive in the job market for a wide range of graduate level roles in the Financial Services industry.\nThe University's MSc Global Financial Trading course, which accepts both home students and international students, requires a 30 credit level 7 financial trading module again running over approximately 6 weeks and which aligns to the aims and objectives of the course. The provider will support the delivery of this module through the secondment of their teaching staff and licensing their level 7 module materials to the University.  The module must equip students with the necessary knowledge, skills and behaviours to be competitive in the job market for a wide range of postgraduate level roles in the Financial Services industry.\nThe University reserves the right to agree changes to the approach to a module's delivery, including but not limited to the location for delivery and responsible party for delivery, over the life of the contract in order to meet any changes in circumstances, opportunities for growth, or new or changed regulatory requirements applicable to the University and/or the delivery of its courses.\nBoth Undergraduate and Postgraduate courses are applied in nature and the University therefore intends to contract with a provider who has trading qualifications that can be delivered with an emphasis on real life, hands on experience. The provider's teaching staff must be experienced financial market traders who can demonstrate both the academic and professional capability to develop the next generation of Financial Services professionals.\nIn light of the success of the University's UK based delivery on the above courses we are also seeking, as part of the contract, to expand the offering for delivery internationally which may include, but is not limited to, course or module delivery in the following locations: India, China and The Middle East and Africa with immediate effect. It is therefore essential that the provider and our contract with them allows for the delivery of their trading qualifications internationally both on a face to face and remote basis. \nOur international expansion plans are still at a relatively early stage but are ambitious.  If required, the appointed provider must be able to scale their provision rapidly for multiple student cohorts running in different countries simultaneously.\nAs part of the contract, there is the potential, but no guarantee that, the University may extend the scope of the provider's services into other complimentary areas which could include but is not limited to: commercial enterprises, employability offers and further course development in partnership."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "Please refer to contract decription"
        },
        "deliveryAddresses": [
          {
            "region": "UKE32"
          },
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66100000",
            "scheme": "CPV",
            "description": "Banking and investment services"
          }
        ]
      }
    ],
    "title": "Financial Trading",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Sheffield Hallam University intends to contract with a provider to deliver or support the delivery of both level 5 and level 7 Ofqual registered Financial Trading qualifications as modules which are integrated into established Undergraduate and Post Graduate Financial Trading courses at the University. The provider will deliver or support the delivery of their qualifications nationally and internationally with the potential to expand the scope of the contract into other complimentary areas.\nThe contract is intended to be for a five year term plus any applicable cohort run-off period(s) and is for teaching delivery commencing in August 2023.  There will be the right to break at the end of year 3 of the potential 5 year term.",
    "classification": {
      "id": "80300000",
      "scheme": "CPV",
      "description": "Higher education services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Negotiated without publication of a contract notice",
    "procurementMethodRationale": "The University issued a Prior Information Notice (PIN) in the Official Journal reference PIN 2021/S 000-018290 on 30 July 2021 and a further PIN on Find a Tender on 25 January 2022.  The latter PIN invited interested parties to participate in a preliminary market consultation exercise (PMC).  The University only received one response to the PINs and PMC, which was from the party to whom the University intends to award the contract.   No other providers have indicated they have the technical capability to deliver the University's requirements in the timescales required including the stand-alone, Ofqual registered, professional trading qualifications included within the University's courses at both level 5 and level 7.   Consumer protection law relating to student contracts requires the University to be clear about course content and provision at an early stage in the student application and offer process which in turn requires the University to have secured its arrangements with any third-party provider involved in a course (and with the necessary capabilities) at least 12 months ahead of the student intake date.   In the absence of any other provider with the necessary technical capabilities, in the timescales required by the University and as required by consumer law - which has been demonstrated by the outcome of the two PINs and the PMC - the University believes it is justified in adopting the negotiated procedure without prior publication of a call for competition.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_TECHNICAL",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-UKPRN-10005790",
      "name": "Sheffield Hallam University",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE32",
        "locality": "SHEFFIELD",
        "postalCode": "S11WB",
        "countryName": "United Kingdom",
        "streetAddress": "City Campus,Howard Street"
      },
      "details": {
        "url": "http://www.shu.ac.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "09",
            "scheme": "COFOG",
            "description": "Education"
          }
        ]
      },
      "identifier": {
        "id": "10005790",
        "scheme": "GB-UKPRN",
        "legalName": "Sheffield Hallam University"
      },
      "contactPoint": {
        "name": "Procurement Team",
        "email": "strategicprocurement@shu.ac.uk",
        "telephone": "+44 1142253431"
      }
    },
    {
      "id": "GB-COH-09545988",
      "name": "Zishi Cornerstone Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKJ4",
        "locality": "Kent",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "09545988",
        "scheme": "GB-COH",
        "legalName": "Zishi Cornerstone Limited"
      }
    },
    {
      "id": "GB-FTS-10248",
      "name": "Sheffield Hallam University",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "Sheffield",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Sheffield Hallam University"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "024966-2022-1",
      "value": {
        "amount": 1925500,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "024966-2022-1",
      "dateSigned": "2022-09-01T00:00:00+01:00"
    }
  ],
  "description": "The figure included for contract value in Section V.2.4 represents a mid-point in a value range between £1,100,000 GBP and £2,751,000 GBP (exclusive of VAT) based on current price per student fees.  This value range is an estimate and indicative only and does not include potential fees arising from expansion into other complementary commercial service areas (as referred to below).  The actual outturn figure for contract value will depend upon a variety of factors and uncertainties and whether all potential opportunities and ambitions for the partnership are fully exploited which, at this point, is not guaranteed.  These factors include but are not limited to: the number of students recruited, both home students and internationally for the MSc and BSc courses; expansion to include delivery in international locations and, other expansion plans and ambitions for the partnership into complementary commercial and service areas.",
  "initiationType": "tender"
}

{
  "id": "018290-2021",
  "tag": [
    "planning"
  ],
  "date": "2021-07-30T15:36:32+01:00",
  "ocid": "ocds-h6vhtk-02cee0",
  "buyer": {
    "id": "GB-FTS-3065",
    "name": "Sheffield Hallam University"
  },
  "tender": {
    "id": "ocds-h6vhtk-02cee0",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "Sheffield Hallam University recently launched the MSc Global Financial Trading course. This course builds on the success of our BSc Financial Trading and Investment Management course launched in 2018. In May 2022 we intend to procure those trading education services for both our undergraduate and postgraduate courses. Our aim is to contract with a supplier who can deliver a financial trading qualification at both Level 5 and Level 7. Both qualifications will form 30 credit modules in the respective undergraduate and postgraduate courses mentioned above.  We will be seeking a supplier who can demonstrate significant professional experience of financial markets trading and who is also able to offer accredited qualifications at the appropriate level and depth. Our courses typically comprise of a mix of UK and International students. Accordingly, we are keen that potential suppliers can demonstrate experience of teaching international students and are able to meet all UK regulatory requirements necessary to teach international students studying in the UK.\nThis notice has been released to provide the maximum time for the market to consider its preparedness for this opportunity."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKE32"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66150000",
            "scheme": "CPV",
            "description": "Financial markets administration services"
          },
          {
            "id": "80430000",
            "scheme": "CPV",
            "description": "Adult-education services at university level"
          }
        ]
      }
    ],
    "title": "Level 5 & 7 Financial Trading Qualification",
    "status": "planned",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Sheffield Hallam University recently launched the MSc Global Financial Trading course. This course builds on the success of our BSc Financial Trading and Investment Management course launched in 2018. In May 2022 we intend to procure those trading education services for both our undergraduate and postgraduate courses. Our aim is to contract with a supplier who can deliver a financial trading qualification at both Level 5 and Level 7. Both qualifications will form 30 credit modules in the respective undergraduate and postgraduate courses mentioned above.  We will be seeking a supplier who can demonstrate significant professional experience of financial markets trading and who is also able to offer accredited qualifications at the appropriate level and depth. Our courses typically comprise of a mix of UK and International students. Accordingly, we are keen that potential suppliers can demonstrate experience of teaching international students and are able to meet all UK regulatory requirements necessary to teach international students studying in the UK.\nThis notice has been released to provide the maximum time for the market to consider its preparedness for this opportunity.",
    "communication": {
      "futureNoticeDate": "2022-05-01T00:00:00+01:00"
    },
    "classification": {
      "id": "80300000",
      "scheme": "CPV",
      "description": "Higher education services"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-FTS-3065",
      "name": "Sheffield Hallam University",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE",
        "locality": "SHEFFIELD",
        "postalCode": "S11WB",
        "countryName": "United Kingdom",
        "streetAddress": "City Campus,Howard Street"
      },
      "details": {
        "url": "https://www.shu.ac.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "09",
            "scheme": "COFOG",
            "description": "Education"
          }
        ]
      },
      "identifier": {
        "legalName": "Sheffield Hallam University"
      },
      "contactPoint": {
        "name": "Procurement Team",
        "email": "strategicprocurement@shu.ac.uk",
        "telephone": "+44 1142253431"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}