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Awarded contract
Published 11 Dec 2023

GB-London: CON-21-035 Application Development Test Contract

Financial Conduct Authority · London

Key facts

Contract value
£10,000,000
Awarded
22 Nov 2023
Contract starts
01 Jan 2024
Contract ends
29 Feb 2024
Procedure
Not specified
Buyer type
Central government

Awarded to

SupplierValue
Cognizant Worldwide Limited£10,000,000

Description

This is a modification of an existing FCA call off contract, which utilised the Cloud and Technology Resourcing and Outcomes Framework (award reference: 2019/S 111-273280). The services covers resources for Application Development and Testing. The FCA has taken the decision, subject to Regulation 72(1)(b) of the Public Contract Regulations 2015 to modify the existing end date of the call off contract from the 31st December 2023 to the 29th February 2024. The original start date was the 10th December 2022. The value of the modification is £10,000,000 ex VAT. The original Award value of the Contract was £20,666.666.67 ex VAT. The new end date reflects the time and the technical work required to update requirements ready for a future call off activity under the FCA Digital Services Framework Agreement (award reference: 2023/S 000-031669) . The total value of the call off following this modification will be £30,666,666.67 ex VAT. The call off contract will now end either on the 29th February 2024 or sooner if the modification value is fully used before this date.

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