Official UK procurement notice
Pre-market Engagement Supplier Event - Thursday 25th January 2024 ONLINE EVENT ONLY — Digital Asset Custody & Realisation (Exchange) Services
Authority: Home Office (Central government)
What is being bought
Published requirement descriptionOn Thursday 25 January 2024 from 10.00 - 11.30, techUK is delighted to be hosting the Home Office for a virtual (online) market engagement event.
The purpose of the event is to give suppliers the opportunity to engage with the HO and its partners to help build its knowledge and understanding of the Digital Asset Custody and Realisation Services market landscape and help inform its future market engagement and planning.
To engage in this process suppliers are required to register their interest (without commitment) by providing their details, in order to receive joining instructions and participate in the event.
The Home Office working in collaboration with the National Police Chiefs Council, and the City of London Police (Authority’s Group) is seeking to engage with the Digital asset Custody, Exchange and Technology Services Market to help build its understanding of the level of market capability and capacity.
Pre-Market Engagement will be used to build knowledge of the national provider landscape in readiness for future commissions, anticipated in the next financial year, commencing April 2024.
Should you have any questions which relate to the event itself, please make contact via this email address: CryptoSupplierMailbox@homeoffice.gov.uk
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IMPORTANT: Please copy and paste this link into your browser to register your wish to participate in the supplier online event:
www.techuk.org/what-we-deliver/even… ↗
Any further questions regarding the agenda/topics can only be addressed if you are registered to attend, you will be able to pose a question once your invitation has been confirmed back to you via our Joining Instruction details, where a Sli.do app code will be shared with you.
We look forward to welcoming you to the event, please go ahead and book.
CPV: Custody services
The lotProcurement structure
single lot · no lot value publishedLot #1The Home Office is considering options for the future storage and realisation of…Planned
The Home Office is considering options for the future storage and realisation of digital assets. The Home Office is looking to understand what services are currently available in the market that provide an institutional level of secure storage through to realisation.
The Home Office is looking to engage the market to gain further information only at this time. The information provided will help the Home Office to consider and shape a future market engagement strategy and service requirements. The current service covers the secure storage and exchange of crypto assets.
Home Office is looking to assess the market capability in relation to the provision of (please note this is not an exhaustive list):
- End to end secure digital assets custody
- Warm and cold storage capability
- Secure exchange services (asset realisation)
- Service scalability – excess of £750m
- Indemnity
- Digital asset coverage including NFTs
- the technology used to deliver these services.
- MFA (Multi Factor Authentication/Authorisation)
- Asset security SSL (end to end security measures) / ISO 27001
- Web based interface and mobile device compatibility
The Home Office is seeking to understand the provision of full end to end service (Custody and Exchange that can be provided as well as all digital assets that can be covered (now and future) including NFTs.
The Home Office is considering options for the future storage and realisation of digital assets. The Home Office is looking to understand what services are currently available in the market that provide an institutional level of secure storage through to realisation. The Home Office is looking to engage the market to gain further information only at this time. The information provided will help the Home Office to consider and shape a future market engagement strategy and service requirements. The current service covers the secure storage and exchange of crypto assets. Additional information: Contract Value:
Commission based, with rate subject to engagement with suppliers. Consideration would also be given to a fixed annual fee, again subject to supplier engagement.
Suppliers should note that any specified total contract values (TCV) are the authority’s best estimates. The value and contract term for this potential requirement will be informed by this Market Engagement activity.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Past planning notice
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 18 Dec 2023, 15:25 GMT
- Last source update
- 18 Dec 2023, 15:25 GMT
- Authority reference
C25865- FTS notice number
2023/S 000-037148- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-042683Find a Tender
Publisher note: Please note, the Authority (the Home Office) plans to host supplier engagement events and market sounding meetings to further develop its understanding and to test the requirements and routes/approaches with this work informing work on a Delivery Model Assessment. This PIN does not formally signify the beginning of any procurement exercise by the authority, nor does it constitute a commitment by the authority to undertake a procurement. However, in the event that the authority decides to formally commence a procurement pursuant to this PIN, a separate contract notice will be published. If a separate contract notice is published the authority will rely on the publication of this notice to utilise the minimum time-frames permissible for the receipt of tenders and stages of a procurement.
How it was run
Official notice- Submission deadline
- —
Timeline
18 Dec 2023 → 15 Jul 2024 · 2 dates- Notice published18 Dec 2023, 15:25 GMT
- Tender notice expected15 Jul 2024, 00:00 BST
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.