Find a TenderAwarded

Published 5 May 2021, 14:25 BST

Official UK procurement notice

Provision of a Market Surveillance Solution

Official notice

Authority: Financial Conduct Authority (Public body)

GoodsOpen procedureSME suitable

Sectors: Software Packages & ERP (48)IT Services & Software (72) Delivery: UK

Published estimate£3,500,000exc. VAT · 1 value update

Submissions closed 1 Nov 2021awarded 20 May 2022

Awarded to OneMarketData2 awards

Re-procurement plannedMarket Surveillance Solution · tender expected 1 Nov 2026

What is being bought

Published requirement description

This is the Contract Award Notice for the FCA's Market Surveillance Solution.

CPV: Financial information systems · IT services: consulting, software development, Internet and support · Software package and information systems

The lotProcurement structure

single lot · value published

Lot #1This is the Contract Award Notice for the FCA's Market Surveillance SolutionAwardedRenewalPublished value£3,500,000

This is the Contract Award Notice for the FCA's Market Surveillance Solution. The Initial term is for sixty (60) months with two (2) extension options of twelve (12) months on each occurrence. Additional information: This is a Contract Award Notice.

Delivery: UK · UNITED KINGDOM

Extensions: There are two extension options of twelve (12) months. · There will be two (2) options for renewal at the end of the initial five (5) year term. Each renewal will be for a maximum duration of 12 months.Variant bids: not allowed

48000000 Software package and information systems 48812000 Financial information systems 72000000 IT services: consulting, software development, Internet and support

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: 68.25%Price: 30%Environmental: 1.75%

Published sub-criteria (18)

Alert Configuration: 5.25%
Interfaces: 3.5%
MI & Reporting: 3.5%
Orderbook: 6%
Sharing: 5.25%
Triage and Case Management: 7%
Visualisations: 4.5%
Accessibility/Usability: 1.75%
Backup, recovery and retention: 1.75%
Information Security: 1.75%
Interfaces & Integrations: 1.75%
Performance & Capacity: 1.75%
Service and Support: 7%
Implementation: 10.5%
Product Roadmap: 1.75%
Demonstration: 5.25%
Total Cost of Ownership: 30%
Environments and Hosting: 1.75%

Published award criteria (18)

Alert Configuration: 5.25
Interfaces: 3.50
MI & Reporting: 3.50
Orderbook: 6.00
Sharing: 5.25
Triage and Case Management: 7.00
Visualisations: 4.50
Accessibility/Usability: 1.75
Backup, recovery and retention: 1.75
Environments and Hosting: 1.75
Information Security: 1.75
Interfaces & Integrations: 1.75
Performance & Capacity: 1.75
Service and Support: 7.00
Implementation: 10.50
Product Roadmap: 1.75
Demonstration: 5.25
Total Cost of Ownership: 30

What this means for your bid

Price carries 30 of 100 points: a 10% discount moves about 3 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: 5 May 2021, 14:25 BST
Last source update: 5 Aug 2022, 12:05 BST
Award evaluation window: 1 Nov 2021 – …
Authority reference: CON-21-080
FTS notice number: 2022/S 000-021545
Classification (CPV): Financial information systemsIT services: consulting, software development, Internet and supportSoftware package and information systems
Delivery area: UK
Official registry OCID: ocds-h6vhtk-02ad5a Find a Tender

Review and risk notes

Review procedure: Any review proceedings will be dealt with in accordance with the requirements of the Public Contracts Regulations 2015 ('PCR 2015'). Any review proceedings must be brought within the timescales specified by the applicable law, including, without limitation, PCR 2015.

Publisher note: The contract has been awarded for sixty (60) months commencing on the 1st August 2022, the initial term will end on the 31st July 2027. The FCA will have two optional extension period of 12 months. This could result in the contract being extended until the 31st July 2029. The contract award value of £5,044,967.05 ex VAT is for the initial term only. To view this notice, please click here: https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=711454880 GO Reference: GO-202285-PRO-20740738

How it was run

Official notice

Submission deadline: 1 Nov 2021, 12:00 GMT
Submission channel: {"written"}
Accepted languages: en
Bid validity: 180 days from the deadline
Bids opened: 1 Nov 2021, 12:01 GMT

Timeline

2 Aug 2021 → 5 Aug 2022 · 4 dates

Next notice expected
2 Aug 2021, 00:00 BST
Submission deadline
1 Nov 2021, 12:00 GMT
Bids opened
1 Nov 2021, 12:01 GMT
Notice published
5 Aug 2022, 12:05 BST

Notice history

5 events · 4 releases on Find a Tender · since 4 Oct 2021

Published value published: £3,500,000
4 Oct 2021, 12:14 BST
Status changed to active
4 Oct 2021, 12:14 BST
Procurement method changed
4 Oct 2021, 12:14 BST
Deadline published: 1 Nov 2021, 12:00 GMT
4 Oct 2021, 12:14 BST
Status changed to complete
5 Aug 2022, 12:05 BST

Routine re-releases (4)

2021-05: 1 release · 5 May 2021

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 2

Awarded value £5,044,9671 contract exc. VAT · 1 repeated publication of the same award counted once

Bids received 156 from SMEs

Contracts signed 2latest 20 May 2022

Awarded to	Value	Date	Status
OneMarketDataSMESubcontracting: declared	£5,044,967 †same award published again · counted once	—	Awarded
OneMarketDataSMESubcontracting: declared	£5,044,967 †	—	Awarded

Contracts

Contract 021544-2022-CON-21-080-1 · OneMarketDataSME
Signed
20 May 2022
Value
£5,044,967
Status
active
Contract 021545-2022-CON-21-080-1 · OneMarketDataSME
Signed
20 May 2022
Value
£5,044,967
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
15bids · 15 electronic	6	—	—

Contracting authority & participating public bodies

Financial Conduct Authority

Contracting authorityPublic bodyBody governed by public lawEconomic affairs 12 Endeavour Square, London, UK, E20 1JNContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

High Court of England and WalesReview body London

Bidders & participating suppliers

1 commercial party on the notice

OneMarketDataAwarded supplierN/A 221 River Street, 9th Floor, #1265, Hoboken, New Jersey, US, 07030

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria