Award

Financial Times Subscription Renewal 2022-25

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Jan 2023 at 15:19

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the "Financial Times Subscription Renewal 2022-25" project, valued at £899,480. This subscription service contract was directly awarded to the Financial Times as the sole supplier. The procurement process was completed, and the contract period is from November 1, 2022, to October 31, 2025. The Bank of England, based in London, United Kingdom, initiated the tender process and serves as the buying organisation.

This awarded tender for subscription services by the Bank of England offers business growth opportunities for companies that provide subscription services. Small and medium-sized enterprises (SMEs) that offer similar services may find this tender suitable for competition. Businesses in the services industry, especially those providing subscription services, may consider participating in future tenders with similar procurement methods or direct award contracts for the designated contract period.

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Notice Information

Notice Title

Financial Times Subscription Renewal 2022-25

Notice Description

3 year Bank-wide Financial Times subscription

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3cb4e2da-6380-4e96-8483-d8d71ac6e94b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5fce5165-4a9a-45ba-86d3-10a0c9bb07b7
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 - Direct Award - Sole Supplier
Tender Suitability
SME
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
£899,480 £500K-£1M
Lots Value
Not specified
Awards Value
£899,480 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jan 20233 years ago
Submission Deadline
31 Oct 2022Expired
Future Notice Date
Not specified
Award Date
31 Oct 20223 years ago
Contract Period
1 Nov 2022 - 31 Oct 2025 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
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
0203 461 3000

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
Central 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
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

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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