Award

Media Monitoring and Sentiment Analysis 2022

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Apr 2023 at 11:54

Summary of the contracting process

The Bank of England has awarded a contract for Media Monitoring and Sentiment Analysis services to Press Data Limited. The contract is valued at £280,000 GBP and has a contract period starting from April 1, 2023, until March 31, 2027. The procurement method used was selective, specifically a call-off from a framework agreement. The tender period ended on December 2, 2022, and the contract was awarded on January 12, 2023. The Bank of England is located in London, England, and the procurement falls under the research and development services and related consultancy services in the CPV classification.

This contract presents an opportunity for businesses in the media monitoring and market research industry to expand their operations. Small and medium-sized enterprises (SMEs) would particularly find this tender suitable for their business growth. The Bank of England, as the buyer, is aiming to enhance its media coverage analysis capabilities through this service contract. Businesses offering similar services can leverage their expertise to compete effectively in providing the required daily media monitoring and sentiment analysis services to the Bank of England.

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Notice Title

Media Monitoring and Sentiment Analysis 2022

Notice Description

Daily media monitoring service, bespoke daily summary of relevant media coverage and a quarterly analysis of regional, national, and international media coverage related to the Bank and its core mandate.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-05a498ac-ff9a-41cd-b8e6-bd7875d23227
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de016481-257b-4126-a799-3e1504174921
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

73000000 - Research and development services and related consultancy services

79310000 - Market research services

Notice Value(s)

Tender Value
£280,000 £100K-£500K
Lots Value
Not specified
Awards Value
£280,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Apr 20232 years ago
Submission Deadline
2 Dec 2022Expired
Future Notice Date
Not specified
Award Date
12 Jan 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2027 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
02034613000

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PRESS DATA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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