Directive 2004/18/EC
Section I: Contracting authority
I.1)Name, addresses and contact point(s)Financial Conduct Authority
25 The North Colonnade
For the attention of: Carragher Danny
E14 5HS London
UNITED KINGDOM
Telephone: +44 2070661000
E-mail:
Fax: +44 2070661000
Internet address(es):
General address of the contracting authority: www.fca.org.uk
Address of the buyer profile: www.fca.org.uk
Electronic access to information: www.fca.bravosolution.co.uk
Electronic submission of tenders and requests to participate: www.fca.bravosolution.co.uk
I.2)Type of the contracting authorityBody governed by public law
I.3)Main activityEconomic and financial affairs
I.4)Contract award on behalf of other contracting authoritiesThe contracting authority is purchasing on behalf of other contracting authorities: no
Section II: Object of the contract
II.1)Description
II.1.1)Title attributed to the contract
Market Data Processing System.
II.1.2)Type of contract and location of works, place of delivery or of performanceServices
Service category No 7: Computer and related services
Main site or location of works, place of delivery or of performance: The FCA's offices in Canary Wharf, London (subject to change).
NUTS code UK
II.1.3)Information about a framework agreement or a dynamic purchasing system (DPS)
II.1.4)Short description of the contract or purchase(s)
The Financial Conduct Authority (FCA) has considered the appointment of a strategic partner to deliver a requirement for the provision of a technical solution capable of receiving, validating, storing and forwarding large volumes of market data from submitting entities on a daily basis. In addition, the FCA requires the same strategic partner to provide maintenance/support services associated with the chosen technical solution.
II.1.5)Common procurement vocabulary (CPV)48170000, 66172000, 72212000, 72232000, 48442000, 72262000, 72212517, 72253000, 72250000, 72261000, 72253100, 72000000
II.1.6)Information about Government Procurement Agreement (GPA)The contract is covered by the Government Procurement Agreement (GPA): yes
II.2)Total final value of contract(s)
II.2.1)Total final value of contract(s)Value: 23 500 000 GBP
Excluding VAT
Section IV: Procedure
IV.1)Type of procedure
IV.1.1)Type of procedurecompetitive dialogue
IV.2)Award criteria
IV.2.1)Award criteriaThe most economically advantageous tender in terms of
1. Quality of the proposed solution. Weighting 15
2. Ability to deliver. Weighting 40
3. Price. Weighting 30
4. Value for money (exploitation of the solution IPR). Weighting 10
5. Corporate responsibility. Weighting 5
IV.2.2)Information about electronic auctionAn electronic auction has been used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority
ACT 15-004
IV.3.2)Previous publication(s) concerning the same contract Section V: Award of contract
V.1)Date of contract award decision:22.3.2016
V.2)Information about offersNumber of offers received: 3
Number of offers received by electronic means: 3
V.3)Name and address of economic operator in favour of whom the contract award decision has been takenSopra Steria Limited
Three Cherry Trees Lane
HP2 7AH Hemel Hempstead
UNITED KINGDOM
Internet address: www.soprasteria.co.uk
V.4)Information on value of contractInitial estimated total value of the contract:
Value: 40 000 000 GBP
Excluding VAT
Total final value of the contract:
Value: 23 500 000 GBP
Excluding VAT
If annual or monthly value:
Number of years: 8
V.5)Information about subcontracting
Section VI: Complementary information
VI.1)Information about European Union fundsThe contract is related to a project and/or programme financed by European Union funds: no
VI.2)Additional information:
MiFID II legislation requires large scale change to the FCA IT Estate. In particular, delivery of new systems which can be used for the ingestion, validation and sharing of market data.
The Markets Data Processing System will provide the following capabilities covered by the legislation:
- Data collection;
- Validation and processing financial report and reference data received from a submitting entity;
- Data sharing with other agencies such as European Securities and Markets Authority (ESMA).
As well as providing an available ‘production’ system, there is a need to provide a separate ‘Industry Test Environment’ (ITE). This environment will be used by the Submitting Entities to build and test their interfaces with the production environment.
VI.3)Procedures for appeal
VI.3.1)Body responsible for appeal procedures
VI.3.2)Lodging of appeals
VI.3.3)Service from which information about the lodging of appeals may be obtained
VI.4)Date of dispatch of this notice:22.3.2016