Official UK procurement notice
Social Media Monitoring Solution
Authority: Financial Conduct Authority (Public body)
What is being bought
Published requirement descriptionThe FCA's Digital Intelligence Exploitation Department has entered a contract for social media listening tool. The Department required a tool that can search various feeds and provide information that can be used to understand trends that have the potential of impacting the financial eco system. The contract is for two (2) years with the option to extend by a further two (2) years on a one (1) plus one (1) basis.
CPV: Data and voice media · Database and operating software package · Database software package · Database systems · Electronic information services · IT services: consulting, software development, Internet and support · Information systems · Information technology services · Social research services · Software package and information systems
The lotProcurement structure
single lot · value publishedLot #1The FCA's Digital Intelligence Exploitation Department has contracted for a social…AwardedRenewalPublished value£1,050,000
The FCA's Digital Intelligence Exploitation Department has contracted for a social media listening tool. The Department required a tool that can search various feeds and provide information that can be used to understand trends with the potential of impacting the financial eco system, and a tool which will allow it to retrieve information about Firms, in particular the issues, concerns harms consumers are experiencing. The contract is for two (2) years with the option to extend by a further two (2) years on a one (1) plus one (1) basis. Additional information: The contract is for two (2) years with the option to extend by a further two (2) years on a one (1) plus one (1) basis. The total value of the contract in this notice includes the initial contract term of two (2) years and the optional extension terms.
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- Criterion 1: 70%
- price: 30%
Published award criteria (2)
- Criterion 1: 70
- Price: 30
- 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
- Services
- 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
- No (one-off requirement)
- First published
- 16 Sept 2022, 19:05 BST
- Last source update
- 18 Sept 2023, 16:06 BST
- Award evaluation window
- 18 Oct 2022 – …
- Authority reference
CON-21-085- FTS notice number
2023/S 000-027522- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-036949Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The total value of the contract in this notice includes the initial contract term of two (2) years and the optional extension terms. To view this notice, please click here: <a href="https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=809848005" target="_blank">https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=809848005</a> GO Reference: GO-2023918-PRO-23947413
How it was run
Official notice- Submission deadline
- 18 Oct 2022, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 18 Oct 2022, 12:01 BST
Timeline
18 Oct 2022 → 18 Sept 2023 · 4 dates- Submission deadline18 Oct 2022, 12:00 BST
- Bids opened18 Oct 2022, 12:01 BST
- Bids must remain valid until18 Jul 2023, 23:59 BST
- Notice published18 Sept 2023, 16:06 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete18 Sept 2023, 16:06 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Fenix Media Limited t/a PulsarSME | £1,206,750 † | — | Awarded |
Contracts
Social Media Monitoring Solution · Fenix Media Limited t/a PulsarSME
- Signed
- 8 Feb 2023
- Value
- £1,206,750
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 7bids · 7 electronic | 7 | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- FENIX MEDIA LTD T/A PULSARAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria