Find a TenderPast planning noticePreliminary market engagement notice
Published 7 May 2025, 15:38 BST

Official UK procurement notice

UK Equity Consolidated Tape Provider

Official notice

Authority: Financial Conduct Authority

ServicesAbove thresholdConcession
Concession value (operator's revenue)£50,000,000operator revenue, not the authority's budget
Tender notice expected 1 Jul 2026from the planned procurement notice
Contract term 5 yrsends 30 Jun 2032 · starts 1 Jul 2027

What is being bought

Published requirement description

We are engaging with the market to determine possible strategies for a UK Equity Consolidated Tape.

CPV: Data collection and collation services · Data storage services · Data supply services · Data transmission services · Financial analysis and accounting software development services · Financial analysis software development services · Financial information systems · Financial market regulatory services · Financial systems software development services · Software programming and consultancy services

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Past planning notice
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Concession
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
7 May 2025, 15:38 BST
Last source update
7 May 2025, 15:38 BST
FTS notice number
2025/S 000-019462
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Data collection and collation servicesData storage servicesData supply servicesData transmission servicesFinancial analysis and accounting software development servicesFinancial analysis software development servicesFinancial information systemsFinancial market regulatory servicesFinancial systems software development servicesSoftware programming and consultancy services
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-050e18 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

7 May 2025 → 1 Jul 2027 · 4 dates
  1. Planning notice published
    7 May 2025, 15:38 BST
  2. Market engagement
    21 May 2025, 23:59 BST

    The FCA would like to engage with prospective providers of an equity consolidated tape or suppliers of technology to be used to deliver its proposal to design and implement a Consolidated Tape (“CT”) for the equities market. The FCA is especially interested in the cost drivers of the tape and other design considerations, such as resiliency. For further information on the Consolidated Tape for equities market please visit the FCA’s website [www.fca.org.uk/markets/data-reporti… ↗] The FCA would like to receive Expressions of Interest in discussing the cost and other design factors of the equity CT from suppliers with relevant expertise. Suppliers should register their Expression of Interest via the FCA's Procurement inbox [FCAProcurement@FCA.org.uk], by 21/05/2025. In those Expressions of Interest suppliers should provide the following information: - Company Name and Registration Number - Registered Address - Registered Website Address (if applicable) - Lead Contact details including Name, role in organisation, email address and phone number. - Explanation of your expertise which is relevant to this subject matter Following receipt of Expressions of Interest, the FCA intends to arrange calls with all respondents who it determines have suitable expertise in this area, along with other third parties it separately identifies as having expertise. These discussions will focus on the costs of different elements of building and maintaining an equities CT and the FCA may issue further details of areas for discussion prior to those scheduled calls. As the FCA continues with the development of its policy and proposed approach for the structure of the Consolidated Tape for equities, in particular in the drafting of its consultation paper, it may seek to engage further with all, or a sub-set, of those suppliers who have expressed an interest, along with other third parties it identifies as having relevant expertise.

  3. Tender notice expected118 days ago
    1 Jul 2026, 23:59 BST
  4. Today
    28 Oct 2026
  5. Contract startsin 245 days
    1 Jul 2027, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Preliminary market engagement notice published
    7 May 2025, 15:38 BST
    UK2

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

Financial Conduct Authority

Contracting authorityPublic authority - central government GB-PPON: PTYH-4442-XPRH 12 Endeavour Square, London, London, E20 1JNContact name, email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure