Award

GB-Sheffield: Financial Markets Information Subscription

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

23 Apr 2021 at 07:58

Summary of the contracting process

The British Business Bank, located in Sheffield, has recently completed a tender process for a contract titled "Financial Markets Information Subscription". This procurement falls under the services category, specifically financial information systems, and had a total value of £45,000. The contract period commenced on 4th December 2020 and is set to conclude on 2nd December 2022. The procurement method used was classified as 'Other', and it is crucial to note that the award for this contract was officially documented on 3rd December 2020 and published on 23rd April 2021.

This tender presents significant opportunities for businesses specialising in financial information systems or data services. Organisations that excel in providing market analysis, financial data subscriptions, or similar services could find this contract particularly relevant. Large and established firms, like Bloomberg UK, which successfully secured this award, exemplify the type of businesses that thrive in such competitive environments. Smaller firms looking to scale up may also consider collaborative approaches or niche offerings to compete in future tenders of this nature.

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Notice Title

GB-Sheffield: Financial Markets Information Subscription

Notice Description

Subscription for access to financial markets data

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-30a41e85-9976-43fc-8b65-2b8b034cd4b8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2f5a2806-2e80-4d53-b370-0fdc3eb6dbe1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - .
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20214 years ago
Submission Deadline
3 Dec 2020Expired
Future Notice Date
Not specified
Award Date
3 Dec 20205 years ago
Contract Period
4 Dec 2020 - 2 Dec 2022 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
BRITISH BUSINESS BANK
Contact Name
Dave Kingston
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
02039051462

Buyer Location

Locality
SHEFFIELD,
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG

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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