Third Party Due Diligence Security Assessment Partner

A Contract Award Notice
by FINANCIAL CONDUCT AUTHORITY

Source
Find a Tender
Type
Contract (Services)
Duration
23.5 month (est.)
Value
£600K
Sector
TECHNOLOGY
Published
14 Feb 2024
Delivery
To 03 Feb 2026 (est.)
Deadline
n/a

Concepts

Location

UNITED KINGDOM

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

The Financial Conduct Authority (FCA) is awarding a contract for a partner to perform third party due diligence. The FCA will request the partner to undertake cyber security assessments as and when required based on an agreed rate card.

Award Detail

1 Toro Risk Solutions Global (London)
  • Num offers: 11
  • Value: £600,000

Award Criteria

Account Management Approach 5.0
Reporting 5.0
Core Requirements 35.0
Trend and New Developments 5.0
Contract Approach and Methodology 5.0
Collaboration and Communication 3.5
Exit Strategy 2.0
Service Level Agreements 2.0
Scenario Based Assessment: Case Study 1 1.5
Scenario Based Assessment: Case Study 2 1.5
Scenario Based Assessment: Case Study 3 1.5
Scenario Based Assessment: Case Study 4 1.5
Scenario Based Assessment: Case Study 5 1.5
Price 30.0

CPV Codes

  • 72000000 - IT services: consulting, software development, Internet and support

Indicators

  • Award on basis of price and quality.

Other Information

This is a contract award notice. The award of £600,000 ex VAT is for the initial two years of the contract and capped at £300,000 ex VAT per year. The value of spend, will be dependent on the number of assessments in each year period and will be priced in accordance to the rate card within the contract. There will be two options to extend beyond the initial term of 24 months. Both options will be up to 12 months in duration, meaning the maximum term will be 48 months. To view this notice, please click here: <a href="https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=842660144" target="_blank">https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=842660144 GO Reference: GO-2024214-PRO-25170500

Reference

Domains