Award

Practical law Subscription 2023-2026

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 2 releases in its history.

AwardUpdate

26 Jun 2024 at 11:17

Award Notice
Award

26 Jun 2023 at 16:36

Award Notice
Summary of the contracting process

The Financial Ombudsman Service has awarded a contract for "Practical Law Subscription 2023-2026" to THOMSON REUTERS (PROFESSIONAL) UK LIMITED. The contract falls under the industry category of subscription services, with a total value of £90,111.06. The procurement method employed was direct, specifically a Single Tender Action (below threshold). The contract period is from June 1, 2023, to May 31, 2026, with the tender closing on May 31, 2023, in London, United Kingdom.

This tender for Practical Law Subscription presents an opportunity for businesses in the legal and knowledge sectors to provide services within the subscription services industry. Small and medium-sized enterprises (SMEs) are considered suitable for this tender. Businesses with expertise in legal content creation, online services, and regulatory compliance may find this opportunity well-suited for expanding their operations and securing long-term partnerships within the legal community.

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Notice Information

Notice Title

Practical law Subscription 2023-2026

Notice Description

Practical Law is an online legal and regulatory know how service. It provides rigorous peer reviewed resources in a vast library of accessibly written and maintained practice notes, trackers, current awareness updates, toolkits, charts, glossaries, and multimedia content. Practical Law provides up-to-date and reliable expert analysis and commentary and is a research source recognised and valued by many legal, knowledge and related professionals.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4a2e2a29-d8f0-4101-b537-283c0fe4c10f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d8884df8-8425-44c2-90cb-79fe3d6ae506
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
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
£90,111 Under £100K
Lots Value
Not specified
Awards Value
£9,011,106 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jun 20241 years ago
Submission Deadline
31 May 2023Expired
Future Notice Date
Not specified
Award Date
31 May 20232 years ago
Contract Period
31 May 2023 - 31 May 2026 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
FINANCIAL OMBUDSMAN SERVICE
Contact Name
Naureen Islam
Contact Email
procurement.enquiries@financial-ombudsman.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E14 9SR
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
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

THOMSON REUTERS (PROFESSIONAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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