Financial Conduct Authority: Market Data Processing System

UK-London: Compliance software package.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       Financial Conduct Authority
       12 Endeavour Square, London, E20 1JN, United Kingdom
       Tel. +44 2070661000, Email: FCAProcurement@fca.org.uk
       Main Address: https://www.fca.org.uk/, Address of the buyer profile: https://fca.delta-esourcing.com/
       NUTS Code: UK

   I.2) Joint procurement:
      The contract involves joint procurement: No          
      In the case of joint procurement involving different countries, state applicable national procurement law: Not Provided
      The contract is awarded by a central purchasing body: No

   I.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Economic and financial affairs

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: Market Data Processing System            
      Reference number: Not Provided

      II.1.2) Main CPV code:
         48170000 - Compliance software package.


      II.1.3) Type of contract: SUPPLIES

      II.1.4) Short description: This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118

      II.1.6) Information about lots
         This contract is divided into lots: No
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 10,750,000
                  
         Currency:GBP            

   II.2) Description

      II.2.2) Additional CPV code(s):
            66172000 - Financial transaction processing and clearing-house services.
            72212000 - Programming services of application software.
            72232000 - Development of transaction processing and custom software.
            48442000 - Financial systems software package.
            72262000 - Software development services.
            72212517 - IT software development services.
            72253000 - Help-desk and support services.
            72250000 - System and support services.
            72261000 - Software support services.
            72253100 - Help-desk services.
            72000000 - IT services: consulting, software development, Internet and support.


      II.2.3) Place of performance
      Nuts code:
      UK - UNITED KINGDOM
   
      Main site or place of performance:
      UNITED KINGDOM
             

      II.2.4) Description of the procurement: Markets Data Processor (MDP) is an externally managed platform that collects MiFID II / MAR data from Market Participants, validates the data, supports data management. The data is used at the FCA to supervise financial markets, primarily for the detection of market abuse, market manipulation and breeches of commodity derivatives position limits.

Following a Request for Information (RFI) process, advertised through The UK Find a Tender Service under reference 2022/S 000-008070, it has been determined to enable a future procurement, which is both fair and transparent a modification to the existing platform is required. This modification is to simplify the solution, refreshing legacy system components to ensure business continuity while a future procurement is undertaken. Allowing sufficient time for process and transition to take place without business interruption.

The FCA has taken the decision, subject to Regulation 72(1)(b) to modify the existing end date of the contract from the 14th April 2023 to the 14th April 2026, this includes the year 8 option, which would have run from 15th April 2023 to the 14th April 2024 and as such this modification is for an additional 2 (two) years based maximum term of the Contract. The value of the modification is £10,750,000 ex VAT. The original Award value of the Market Data Processing Solution was £23,500,000 ex VAT and published in OJEU under reference 2016/S 059-100118. The new end date reflects the time and the technical work required to update, simplify the solution and document the new architecture in readiness for the future procurement.

      II.2.5) Award criteria:
      Quality criterion - Name: Quality of the proposed solution / Weighting: 15
      Quality criterion - Name: Ability to deliver / Weighting: 40
      Quality criterion - Name: Corporate responsibility / Weighting: 5
                  
      Cost criterion - Name: Price / Weighting: 30
      Cost criterion - Name: Value for Money / Weighting: 10
            

      II.2.11) Information about options
         Options: No
         

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118


Section IV: Procedure

IV.1) Description

   IV.1.1)Type of procedure: Competitive Dialogue


   IV.1.3) Information about a framework agreement or a dynamic purchasing system
      The procurement involves the establishment of a framework agreement: No       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   IV.1.8) Information about the Government Procurement Agreement (GPA)
      The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

   IV.2.1) Previous publication concerning this procedure
       Notice number in the OJEU: 2016/S 059-100118
      
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: ACT-15-004    
   Lot Number: Not Provided    
   Title: Not Provided

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 22/03/2016

      V.2.2) Information about tenders
         Number of tenders received: 3
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: 3

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             Sopra Steria Limited, 04077975
             Three, Cherry Trees Lane, Hemel Hempsted, HP2 7AH, United Kingdom
             NUTS Code: UK
            The contractor is an SME: No

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: 23,500,000          
         Total value of the contract/lot: 34,250,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: The total value of the award is the original value plus the modification value, so £23,500,000 plus £10,750,000 resulting in a total value of £34,250,000 ex VAT. This excludes the value of any small contract changes or any associated indexation on core charges to date.
To view this notice, please click here:
https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=702350698

   VI.4) Procedures for review

      VI.4.1) Review body
          High Court of England and Wales
          Royal Courts of Justice, The Strand, London, WC2A 2LL, United Kingdom

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: 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.

      VI.4.4) Service from which information about the review procedure may be obtained
         Not Provided

   VI.5) Date of dispatch of this notice: 01/07/2022