Award

Model & US Insights Data Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

20 Sep 2023 at 11:59

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the provision of economic data, industry analysis, and market intelligence services. The contract, known as "Model & US Insights Data Services," was awarded to S&P Global Market Intelligence LLC on 1st March 2023. The total contract value is £69,388.80 GBP. The procurement method used was a direct single tender action below the threshold. The contract period is from 1st March 2023 to 28th February 2026. The tender was initiated on 20th September 2023, and the tender period ended on 28th February 2023.

This contract presents opportunities for businesses involved in software packages and information systems to provide services to the Bank of England. Companies with expertise in economic data analysis and market research may find this tender particularly relevant. Businesses looking to expand their services in the financial sector should consider bidding for this contract, given the focus on delivering insights for strategic decision-making within the industry. The geolocation for services delivery is in England, making it suitable for businesses operating in the UK.

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Notice Information

Notice Title

Model & US Insights Data Services

Notice Description

To provide economic data, industry analysis and market intelligence.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1abe0e52-ca09-4508-bf58-5cea9e248a04
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d6ca3ad9-49ed-4d7a-ae73-7e1b75aefb68
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£69,388 Under £100K
Lots Value
Not specified
Awards Value
£69,388 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Sep 20232 years ago
Submission Deadline
28 Feb 2023Expired
Future Notice Date
Not specified
Award Date
1 Mar 20232 years ago
Contract Period
1 Mar 2023 - 28 Feb 2026 3-4 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
BANK OF ENGLAND
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
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

S&P GLOBAL MARKET INTELLIGENCE

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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