Award

Financial Newspaper Subscription

COMPETITION & MARKETS AUTHORITY

This public procurement record has 1 release in its history.

Award

02 Jan 2024 at 16:22

Summary of the contracting process

The Competition & Markets Authority has awarded a contract for Financial Newspaper Subscription to The Financial Times. The contract, valued at £62,290 GBP, was procured through a direct method, specifically a Single tender action (below threshold). The contract period is from 2nd December 2023 to 1st December 2024. The tender closed on 10th November 2023, and the award was officially announced on 29th November 2023. This procurement falls under the services category and is suitable for large businesses.

This tender for Financial Newspaper Subscription presents an opportunity for businesses providing subscription services to compete. Companies offering financial, economic, and business news and analysis services would find this tender well-suited for business growth. The location of the contract is in London, with the Competition & Markets Authority being the buying organisation. As the contract period spans over a year, successful bidders can establish a long-term relationship with the buying organisation, potentially leading to further business opportunities in related sectors.

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Notice Title

Financial Newspaper Subscription

Notice Description

The Financial Times is an essential resource due to its extensive coverage of both UK and Global Markets. In addition to the daily news available in print copy, this online service allows users to search online across archived FT content covering Financial, economic and business news and analysis.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-23ac3eef-549f-4165-a1c2-fafe0b399dbf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8bc1e94-bdee-4d4e-b2d1-30117049edb9
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
£62,290 Under £100K
Lots Value
Not specified
Awards Value
£62,290 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jan 20242 years ago
Submission Deadline
10 Nov 2023Expired
Future Notice Date
Not specified
Award Date
29 Nov 20232 years ago
Contract Period
2 Dec 2023 - 1 Dec 2024 1-2 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
COMPETITION & MARKETS AUTHORITY
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 4QZ
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
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

THE FINANCIAL TIMES

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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