Award

Media Monitoring and Journalist Database service

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 1 release in its history.

Award

04 Nov 2024 at 13:54

Award Notice
Summary of the contracting process

The Financial Ombudsman Service has concluded a procurement process for a Media Monitoring and Journalist Database service, awarding the contract to Precise Media Monitoring Ltd. The tender, identified as tender_192980/1421947, falls under the IT services category (CPV: 72000000) and is designated within the London region, United Kingdom. The procurement method used was selective, specifically a call-off from a framework agreement. The contract commenced on 1st August 2024 and will continue until 30th April 2027, with the total value amounting to GBP 50,490. The award was finalised on 31st July 2024, with the procurement status marked as complete.

This tender offers significant opportunities for businesses specialising in IT services, particularly those such as small and medium-sized enterprises (SMEs) given its suitability for smaller firms. The provision of media monitoring and journalist databases can help such firms expand their portfolios, enhance their service offerings, and establish a strong footprint in the public sector market. Companies experienced in consulting, software development, internet services, and support would be well-positioned to leverage this contract and similar future opportunities for sustained business growth.

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Notice Information

Notice Title

Media Monitoring and Journalist Database service

Notice Description

Awarded contract to Precise Media Monitoring for the provision of a Media Monitoring and Journalist Database service.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4d8aed62-207c-4c1b-a537-054c4a37d1c4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f83b6159-55fe-4d4d-8e83-c6ed18e3b08e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£50,490 Under £100K
Lots Value
Not specified
Awards Value
£50,490 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20241 years ago
Submission Deadline
31 Jul 2024Expired
Future Notice Date
Not specified
Award Date
30 Jul 20241 years ago
Contract Period
31 Jul 2024 - 30 Apr 2027 2-3 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

PRECISE MEDIA MONITORING

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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