Award

Data Licenses - Analyser, DataFeed, Treasury Reports and Monthly Volatility Index License

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

02 Jan 2024 at 10:11

Summary of the contracting process

The Bank of England has recently awarded a contract for the provision of Data Licenses - Analyser, DataFeed, Treasury Reports and Monthly Volatility Index License. This procurement process had a total value of £153,700 and was carried out through a direct procurement method using a single tender action. The contract period is from November 1, 2023, to October 31, 2026. The buying organisation, the Bank of England, located in London, England, identified the main procurement category as services.

This tender presents an opportunity for business growth, especially for small and medium-sized enterprises (SMEs) who are well-suited to compete. Businesses in the information systems or technology strategic review and planning services industry category would find this tender relevant. Considering the direct procurement method used and the specified services required, businesses with expertise in providing data analytics and financial reports are likely to be competitive in this procurement process.

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Notice Title

Data Licenses - Analyser, DataFeed, Treasury Reports and Monthly Volatility Index License

Notice Description

Provision of a license with Moneyfacts for the following services/information: Analyser, DataFeed, Treasury Reports and Monthly Volatility Index.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f05ca5d-d266-430e-ae06-6d52649bf4e8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8ea02e8a-f641-40b9-9846-1e54588b6320
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£153,700 £100K-£500K
Lots Value
Not specified
Awards Value
£153,700 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jan 20242 years ago
Submission Deadline
4 Oct 2023Expired
Future Notice Date
Not specified
Award Date
15 Oct 20232 years ago
Contract Period
1 Nov 2023 - 31 Oct 2026 3-4 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
Jason Cheung
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

MONEYFACTS GROUP

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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