Award

Lexis Library: 3 Year Subscription Renewal

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

28 Jun 2019 at 10:05

Award Notice
Summary of the contracting process

The Financial Conduct Authority has recently completed a tender for the renewal of a three-year subscription to Lexis Library, focusing on financial and insurance services. The procurement process was initiated as a direct single tender action, with an overall value of £500,000, awarded on 1st April 2019. The contract period commenced on 1st May 2019 and will conclude on 30th April 2022. The delivery address is located in London, United Kingdom, and the tender period ended on 1st April 2019.

This contract presents opportunities for businesses specialising in financial services or legal information technologies, especially for those capable of offering subscription-based services. While this particular procurement was not open to small and medium-sized enterprises (SMEs), larger companies with robust service capabilities in legal and financial subscription services would be well-positioned to engage in future similar tenders with the Financial Conduct Authority, given their rigorous procurement processes.

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Notice Information

Notice Title

Lexis Library: 3 Year Subscription Renewal

Notice Description

Lexis Library: 3 Year Subscription Renewal

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-33eb7077-94dd-4efe-a9de-96bb4cafbd76
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63a4e6dd-0e45-4327-8910-997edbf899c3
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£499,980 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jun 20196 years ago
Submission Deadline
1 Apr 2019Expired
Future Notice Date
Not specified
Award Date
31 Mar 20196 years ago
Contract Period
30 Apr 2019 - 30 Apr 2022 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
THE FINANCIAL CONDUCT 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
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

LEXIS-NEXIS EUROPE

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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