Market Data Processing System Tender

Market Data Processing System Tender

Requirement for technical solution capable of receiving, validating, storing and forwarding large volumes of market data.

United Kingdom-London: Compliance software package

2015/S 108-196646

Contract notice

Services

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: Caragher Daniel
E14 5HS London
UNITED KINGDOM
Telephone: +44 2070667658
E-mail: daniel.carragher@fca.org.uk
Fax: +44 2070667658

Internet address(es):

General address of the contracting authority: www.fca.org.uk

Address of the buyer profile: n/a

Further information can be obtained from: The above mentioned contact point(s)

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)

Tenders or requests to participate must be sent to: The above mentioned contact point(s)

I.2)Type of the contracting authority

Body governed by public law

I.3)Main activity

Economic and financial affairs

I.4)Contract award on behalf of other contracting authorities

The contracting authority is purchasing on behalf of other contracting authorities: yes

any other National Competent Authorities as defined by the European Securities and Markets Authority (ESMA)

Section II: Object of the contract

II.1)Description

II.1.1)Title attributed to the contract by the contracting authority:

Market Data Processing System.

II.1.2)Type of contract and location of works, place of delivery or of performance

Services
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 public contract, a framework agreement or a dynamic purchasing system (DPS)

The notice involves a public contract
II.1.4)Information on framework agreement

II.1.5)Short description of the contract or purchase(s)

The Financial Conduct Authority (FCA) is considering 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.
Further information can be found in VI.3).
Any organisations that express an interest in undertaking this work shall be able to access an Information Pack, which will include Pre-Qualification Questionnaire (PQQ) and Invitation to Submit Outline Solutions (ISOS) documents.
All responses are to be submitted via this FCA e-tendering Solution (Bravo).
The interested parties are invited to a Bidder Conference. Refer to the Information Pack for the further details.
To ensure all communication is dealt within a timely manner, all contact with FCA should be directed through the FCA e-tendering Solution (Bravo) and this should be considered as the first point of contact.

II.1.6)Common procurement vocabulary (CPV)

48170000, 48442000, 72250000, 72212517, 72261000, 72232000, 72253100, 66172000, 72212000, 72253000, 72262000, 72000000

II.1.7)Information about Government Procurement Agreement (GPA)

The contract is covered by the Government Procurement Agreement (GPA): yes

II.1.8)Lots

This contract is divided into lots: no

II.1.9)Information about variants

Variants will be accepted: no
II.2)Quantity or scope of the contract

II.2.1)Total quantity or scope:

This figure is an estimate based on the anticipated cost to the FCA. The total value of the procurement will depend on the outcome of the dialogue. In particular, if the contract is used to provide the system or services to other National Competent Authorities (as defined by the European Securities and Markets Authority), the total value of the procurement may be substantially higher.
Estimated value excluding VAT:
Range: between 20 000 000 and 40 000 000 GBP

II.2.2)Information about options

Options: yes
Description of these options: Description of these options: FCA will require the right to extend the contract beyond an initial term of 6 years, at its discretion, subject to a maxim contract term of 8 years. Any extension will be subject to satisfactory performance by the strategic partner and continued demonstration for value for money.
II.2.3)Information about renewals

II.3)Duration of the contract or time limit for completion

Duration in months: 96 (from the award of the contract)

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract

III.1.1)Deposits and guarantees required:

As set out in the Information Pack.

III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:

As set out in the Information Pack.

III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:

As set out in the Information Pack.

III.1.4)Other particular conditions

The performance of the contract is subject to particular conditions: yes
Description of particular conditions: As set out in the Information Pack.
III.2)Conditions for participation

III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers

Information and formalities necessary for evaluating if the requirements are met: Suppliers Instructions How to Express Interest in this Tender:
1. Register your company on the e-Sourcing portal (this is only required once):

— browse to the e-Sourcing Portal: https://fca.bravosolution.co.uk and click the link to register,

— accept the terms and conditions and click ‘continue’,
— enter your correct business and user details,
— note the username you chose and click ‘Save’ when complete,
— You will shortly receive an email with your unique password (please keep this secure);
2. Express an interest in the tender:
— login to the portal with the username/password,
— click the ‘PQQs/ITTs Open To All Suppliers’ link (These are Pre-Qualification Questionnaires or Invitations to Tender open to any registered supplier),
— click on the relevant PQQ/ ITT to access the content,
— click the ‘Express Interest’ button at the top of the page,
— this will move the PQQ /ITT into your ‘My PQQs/ My ITTs’ page (This is a secure area reserved for your projects only),
— You can now access any attachments by clicking ‘Buyer Attachments’ in the ‘PQQ/ ITT Details’ box;
3. Responding to the tender:
— click ‘My Response’ under ‘PQQ/ ITT Details’, you can choose to ‘Create Response’ or to ‘Decline to Respond’ (please give a reason if declining),
— You can now use the ‘Messages’ function to communicate with the buyer and seek any clarification,
— note the deadline for completion, then follow the on-screen instructions to complete the PQQ/ ITT,
— there may be a mixture of online and offline actions for you to perform (there is detailed online help available). You must then submit your reply using the ‘Submit Response’ button at the top of the page. If you require any further assistance please consult the online help, or contact the e-Tendering help desk.
Otherwise, as set out in the Information Pack.

III.2.2)Economic and financial ability

Information and formalities necessary for evaluating if the requirements are met: As set out in the Information Pack.
Minimum level(s) of standards possibly required: As set out in the Information Pack.

III.2.3)Technical capacity

Information and formalities necessary for evaluating if the requirements are met:
As set out in the Information Pack.
Minimum level(s) of standards possibly required:
As set out in the Information Pack.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts

III.3.1)Information about a particular profession

Execution of the service is reserved to a particular profession: no
III.3.2)Staff responsible for the execution of the service

Section IV: Procedure

IV.1)Type of procedure

IV.1.1)Type of procedure

competitive dialogue

IV.1.2)Limitations on the number of operators who will be invited to tender or to participate

Objective criteria for choosing the limited number of candidates: As set out in the Information Pack.

IV.1.3)Reduction of the number of operators during the negotiation or dialogue

Recourse to staged procedure to gradually reduce the number of solutions to be discussed or tenders to be negotiated yes
IV.2)Award criteria

IV.2.1)Award criteria

The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document

IV.2.2)Information about electronic auction

An electronic auction will be 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
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document

IV.3.4)Time limit for receipt of tenders or requests to participate

1.7.2015 – 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates

IV.3.6)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening of tenders

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: no

VI.3)Additional information

The Contracting Authority intends to use an e-Tendering system in this procurement exercise and reserves the right to use a reverse auction.
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.
Further details can be found in the Descriptive Document which is included in the Information Pack.
The main focus is to establish a service for FCA. However, once established, any resulting contract from this tender exercise may be open to any other Competent National Authorities as defined by ESMA.
The FCA has explored with other National Competent Authorities (NCA’s) (as defined by the European Securities and Markets Authority) the possibility of using a single solution to support multiple NCA’s (whether by way of service or separate implementations at each NCA). The FCA wishes to discuss with bidders during dialogue the options for achieving this and how this would deliver better value for money to the FCA and potentially to other NCA’s.
The Contracting Authority intends to use an e-Tendering system in this procurement exercise.
Information Pack including the Pre-Qualification Questionnaire, Invitation to Submit Outline Solution, Descriptive Documents, draft contract documents and other procurement documents can be accessed by registering FCA’s e-Sourcing portal as follows:
Suppliers Instructions How to Express Interest in this Tender:
1. Register your company on the e-Sourcing portal (this is only required once):

— browse to the e-Sourcing Portal: https://fca.bravosolution.co.uk and click the link to register,

— accept the terms and conditions and click ‘continue’
— enter your correct business and user details,
— note the username you chose and click ‘Save’ when complete,
— you will shortly receive an email with your unique password (please keep this secure);
2. Express an Interest in the tender:
— login to the portal with the username/password,
— click the ‘PQQs/ITTs Open To All Suppliers’ link (These are Pre-Qualification Questionnaires or Invitations to Tender open to any registered supplier),
— click on the relevant PQQ/ ITT to access the content,
— click the ‘Express Interest’ button at the top of the page,
— this will move the PQQ/ITT into your ‘My PQQs/My ITTs’ page (This is a secure area reserved for your projects only),
— You can now access any attachments by clicking ‘Buyer Attachments’ in the ‘PQQ/ ITT Details’ box;
3. Responding to the tender:
— click ‘My Response’ under ‘PQQ/ ITT Details’, you can choose to ‘Create Response’ or to ‘Decline to Respond’ (please give a reason if declining),
— you can now use the ‘Messages’ function to communicate with the buyer and seek any clarification,
— note the deadline for completion, then follow the on-screen instructions to complete the PQQ/ ITT,
— there may be a mixture of online and offline actions for you to perform (there is detailed online help available) You must then submit your reply using the ‘Submit Response’ button at the top of the page. If you require any further assistance please consult the online help, or contact the e-Tendering help desk.

VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

VI.5)Date of dispatch of this notice:

1.6.2015

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