Official UK procurement notice
Provision of a Search and Discovery (Insight Engine) Solution
Authority: Financial Conduct Authority (Public body)
Re-procurement plannedProvision of a Search & Discovery (Insight Engine) Solution · tender expected
What is being bought
Published requirement descriptionNo description was published on the notice. See the official documents.
CPV: Software package and information systems
The lotProcurement structure
single lot · no lot value publishedLot #1The FCA sought to procure a Search and Discovery solution, which would be hosted in…
The FCA sought to procure a Search and Discovery solution, which would be hosted in the FCA cloud to deliver defined outcomes.
Procedure terms & legal framework
From the official record · publisher note attached- 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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 6 Oct 2022, 14:05 BST
- Last source update
- 6 Oct 2022, 14:05 BST
- Authority reference
CON-20-050- FTS notice number
2022/S 000-028096- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-037379Find a Tender
- 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 3 (three) years commencing on the 30 April 2021, the initial term will end on the 29 April 2024. The FCA will have two optional extension periods of 3 (three) years. This could result in the contract being extended until the 29 April 2030. The contract award value of GBP 1 320 186 ex VAT is for the initial term based on the first phase of deployment. As stated in the original Contract Notice, the solution will be scaled up over time. As a result the value of the contract will increased based on additional services provided by the supplier. These modifications were provided for in the original procurements documents and would comply with Regulation 72 of the Public Contract Regulations 2015. To view this notice, please click here: https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=713464856 GO Reference: GO-2022106-PRO-21085376
How it was run
Official notice- Submission deadline
- —
Timeline
30 Apr 2021 → 6 Oct 2022 · 2 dates- Contract starts30 Apr 2021, 00:00 BST
- Notice published6 Oct 2022, 14:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastContracts
Provision of a Search and Discovery (insight Engine) Solution · Aiimi LtdSME, Aiimi LtdSME
- Signed
- 31 Mar 2021
- Value
- £1,950,023
- Period
- 30 Apr 2021 – 29 Apr 2024
- Status
- active
- Change An increase in to cost of implementation of £623,490 ex VAT and an increase of £16,666.67 ex VAT in software licences to deal with capacity constraints. The delay in implementation led to a saving of £10,320 ex VAT in support charges. The total value of all modifications to date is £6290,836.67 ex VAT. The new contract value for the initial 3 year term is £1,950.022.67 ex VAT., Need for additional works, services or supplies by the original contractor/concessionaire: Successive Covid lockdowns resulted in resourcing issues during implementation, alongside the delivery team finding unexpected issues during the data ingestion phase.
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of ENgland and WalesReview body
Bidders & participating suppliers
2 commercial parties on the noticeOfficial documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.