Security Operations Centre (SOC)

Financial Ombudsman Service LimitedcontractFind a TenderRef ocds-h6vhtk-041aea32014L0024closed for bids
View buyer

Estimated value

£900k

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

17 Nov 2023

Deadline 18 Dec 2023

Description

The Financial Ombudsman Service intends to place a contract for the provision of a managed Security Operations Centre (SOC) service to provide the following: 1. Provision of a modern and fit-for-purpose SOC capability operating 24 hours a day, 7 days a week, 365 days a year (working in concert with the Financial Ombudsman Service’s cyber security team); 2. Undertake standard security operations functions including: a) Performing triage of security incidents, core security incident response, and escalation activities (we refer to these as level 1 and 2 activities); b) Tuning/configuration of the Security Information & Event Management (SIEM) solution and associated Security Orchestration, Automation & Response (SOAR) capabilities; c) Responding to threat intelligence and performing proactive threat hunting; d) Management, investigation, and resolution of critical/major security incidents including digital forensics as required; and e) Conducting process improvement activities to improve the effectiveness of the SOC. 3. Provision of cyber security resources on demand to augment the Financial Ombudsman Service's team on an ad-hoc basis. These resources maybe involved in project or business as usual activities.

Scope

Reference
ocds-h6vhtk-041aea
Total value
£900,000 excluding VAT
Commercial tool
Standalone contract
Contract dates

A 3 year contract with the option to extend for a further 3 years in annual increments.

Main category
services
CPV classifications
72400000
72500000
72600000
Contract locations
London

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
SOC Services55quality
Implementation15quality
Critical Incident Support10quality
Security Services5quality
Knowledge Transfer5quality
Team and Structure5quality
Values and CSR5quality
70% Quality - 30% Priceprice

Submission & procedure

Submission deadline
18 Dec 2023, 5:00 pm
Submission address
https://procurement.financial-ombudsman.org.uk/web/login.html
Procedure
Restricted procedure