Award

Financial Times Subscription

DEPARTMENT FOR CULTURE, MEDIA AND SPORT

This public procurement record has 1 release in its history.

Award

22 Apr 2025 at 16:07

Summary of the contracting process

The Department for Culture, Media and Sport (DCMS) has successfully completed a direct procurement process for a corporate subscription to the Financial Times, under a single tender action below the threshold. This contract falls within the business services industry category and covers services such as law, marketing, consulting, recruitment, printing, and security. Located in London, England, the buying organisation has its offices at 100 Parliament Street, SW1A 2BQ. The procurement process has reached the award stage, with the contract period commencing on 26th March 2025 and concluding on 25th March 2026, for a contract value of £18,274. The award was made to Financial Times Ltd, a large-scale supplier based at Bracken House, 1 Friday Street, London, EC4M 9BT.

This tender presents opportunities for growth primarily for large corporations specialising in business services, although the procurement process method used in this instance was direct. The nature of this contract is particularly suitable for businesses that can provide corporate subscription services and those familiar with the specific needs of government departments like DCMS. The contract is also tagged as suitable for small to medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), thereby suggesting potential for a wide range of businesses to engage in future similar tenders.

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Notice Title

Financial Times Subscription

Notice Description

The Department for Culture, Media and Sport (DCMS) requires a supplier to provide a corporate subscription to the Financial Times.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14a2f415-9d38-4661-ab9c-49b234618dca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/131280d6-bfa0-4277-a186-fafdc8051e3a
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£18,274 Under £100K
Lots Value
Not specified
Awards Value
£18,274 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 202510 months ago
Submission Deadline
12 Mar 2025Expired
Future Notice Date
Not specified
Award Date
24 Mar 202511 months ago
Contract Period
26 Mar 2025 - 25 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR CULTURE, MEDIA AND SPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2BQ
Post Town
South West 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
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FINANCIAL TIMES

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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