Award

Bloomberg Open Access Terminal - Market & Finance Intelligance

DEPARTMENT FOR LEVELLING UP, HOUSING AND COMMUNITIES

This public procurement record has 1 release in its history.

Award

21 Jan 2022 at 11:12

Award Notice
Summary of the contracting process

The Department for Levelling Up, Housing and Communities has successfully completed the procurement process for a two-year subscription to the Bloomberg Open Access Terminal, valued at £42,000. This project falls under the category of sales, marketing, and business intelligence software, with the contract period spanning from 1st November 2021 to 30th October 2023. The procurement was executed through a direct method via a single tender action, with the award notice published on 21st January 2022, concluding the process that had a tender period ending on 31st October 2021. The location for service delivery is across various regions in the United Kingdom, including England, Scotland, and Wales.

This tender presents a unique opportunity for businesses specialised in providing financial data services and software solutions. Firms that possess experience in business intelligence or financial analytics will be particularly well-suited to explore similar contracts, enabling them to expand their clientele within the public sector. With the significant financial resource allocated to this subscription, businesses can leverage their capabilities in the fintech landscape to propose competitive alternatives or supplementary services that align with governmental needs for market and finance intelligence.

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Notice Information

Notice Title

Bloomberg Open Access Terminal - Market & Finance Intelligance

Notice Description

Provision of a two-year subscription to the Bloomberg Terminal - a software system provided by the financial data vendor Bloomberg L.P. Enables access to the Bloomberg Professional service through which users can monitor and analyse real-time financial market data. The software can produce a breadth of data, analysis and research that can support the delivery of the Department's programmes, contingency planning and wider macro-economic briefing.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a7ab28e-48cf-439c-bdb1-cc125a9b3615
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4aae5f3a-c8a7-4363-8c07-c9b95dad76ed
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

48480000 - Sales, marketing and business intelligence software package

Notice Value(s)

Tender Value
£42,000 Under £100K
Lots Value
Not specified
Awards Value
£42,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20224 years ago
Submission Deadline
31 Oct 2021Expired
Future Notice Date
Not specified
Award Date
5 Jan 20224 years ago
Contract Period
1 Nov 2021 - 30 Oct 2023 1-2 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
DEPARTMENT FOR LEVELLING UP, HOUSING AND COMMUNITIES
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
SW1P 4DF
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

Further Information

Notice Documents

Notice URLs

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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