Award

Financial Times Subscription 2020/2021

DEPARTMENT FOR DIGITAL, CULTURE, MEDIA & SPORT

This public procurement record has 1 release in its history.

Award

09 Sep 2020 at 10:16

Summary of the contracting process

The procurement process involves the Department for Digital, Culture, Media & Sport (DCMS), which has awarded a contract for an annual subscription to The Financial Times for news and communications. The contract, valued at £15,000, falls within the subscription services category and has been initiated as a direct procurement method through a single tender action. The contract period commences from 1 April 2020 and extends until 31 March 2021. The relevant award notice was published on 9 September 2020, marking the completion of this procurement stage.

This tender presents opportunities primarily for established media service providers who can offer subscription-based services. Businesses that specialise in news dissemination, particularly those with a focus on financial reporting or economic analysis, would be well positioned to compete for similar contracts in the future. Moreover, this procurement demonstrates the potential for growth within the public sector, particularly for firms that can fulfil the needs of government departments seeking reliable media services.

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How relevant is this notice?

Notice Title

Financial Times Subscription 2020/2021

Notice Description

Annual subscription to The Financial Times for DCMS News and Communications.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20e3721b-930f-4d73-a806-5d541c226a9e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a44af29-1134-42a8-b34a-70d0410003b3
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

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


CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
£11,494 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Sep 20205 years ago
Submission Deadline
30 Mar 2020Expired
Future Notice Date
Not specified
Award Date
31 Mar 20206 years ago
Contract Period
31 Mar 2020 - 31 Mar 2021 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 DIGITAL, CULTURE, MEDIA & 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

THE 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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