Award

Moneyfacts Data Resource

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 1 release in its history.

Award

08 Feb 2023 at 16:24

Award Notice
Summary of the contracting process

The Financial Ombudsman Service has awarded a contract for the provision of Moneyfacts data resource on a 5-year term. The contract, valued at £82,032 GBP, was awarded through a direct procurement method as a single tender action below the threshold. The contract was signed with Moneyfacts, with a contract period running from May 16, 2022, to May 15, 2027. The tender process concluded on May 13, 2022. The award date was May 13, 2022, with the contract officially being published on February 8, 2023. The procurement took place in London, United Kingdom, under the financial and insurance services industry category.

This contract presents growth opportunities for businesses interested in providing financial and insurance services data resources. Companies equipped to deliver data resources tailored to the specified industry category and location, on a long-term basis, may find this tender suitable for their capabilities. Businesses adept at engaging in direct procurement methods and delivering services below a certain threshold value could effectively compete in similar future procurement processes within the financial and insurance sector.

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Notice Information

Notice Title

Moneyfacts Data Resource

Notice Description

Provision of Moneyfacts data resource on a 5 year term.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1a3732a9-bf99-4de7-a1b1-a879cfe6d23e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f6812f3e-364e-4b9a-bb7f-c633f2cf037e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£82,032 Under £100K
Lots Value
Not specified
Awards Value
£82,032 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Feb 20233 years ago
Submission Deadline
13 May 2022Expired
Future Notice Date
Not specified
Award Date
12 May 20223 years ago
Contract Period
15 May 2022 - 15 May 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE
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
E14 9SR
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

MONEYFACTS

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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