Section one: Contracting authority
one.1) Name and addresses
Foreign Commonwealth and Development Office
King Charles Street
London
SW1A 2AH
ChinaFCOFSPProcurement@thepalladiumgroup.com
Telephone
+44 2070080932
Country
United Kingdom
NUTS code
UK - UNITED KINGDOM
Internet address(es)
Main address
http://www.ukchina-financialservices.com/
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Consultancy Services and Training in Financial Services on Regulatory Sandbox in China
Reference number
ecm 1694
two.1.2) Main CPV code
- 66171000 - Financial consultancy services
two.1.3) Type of contract
Services
two.1.4) Short description
The FCDO have awarded a contract to Ernst & Young Transactions Limited.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £390,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- 00 - Other NUTS code
two.2.4) Description of the procurement
This project is aimed at improving the financial regulatory supervision for FinTech in China. The
project is designed to enable the exchange of regulatory sandbox knowledge specifically between
the UK and China.
Ernst & Young will facilitate high quality knowledge exchange between the UK and China on this
topic through training sessions, and discussions resulting in support for more robust
implementation of a regulatory sandbox programme in China.
two.2.5) Award criteria
Quality criterion - Name: technical / Weighting: 70
Cost criterion - Name: commercial / Weighting: 30
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2020/S 118-287942
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
18 December 2020
five.2.2) Information about tenders
Number of tenders received: 3
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Ernst & Young Transactions Limited
22/F CITIC Tower 1 Tim Mei Ave Admiralty
Hong Kong
Country
China
NUTS code
- 00 - Other NUTS code
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £390,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Foreign, Commonwealth and Development Office
King Charles Street
London
Country
United Kingdom