Award

UKGI Bloomberg Terminal renewal

UK GOVERNMENT INVESTMENTS : HM TREASURY

This public procurement record has 1 release in its history.

Award

08 Sep 2020 at 15:07

Award Notice
Summary of the contracting process

The UK Government Investments: HM Treasury has completed a procurement process for the "UKGI Bloomberg Terminal renewal", primarily focused on subscription services within the services industry. The contract, valued at £36,848.69, was awarded to Bloomberg Finance L.P. and covers a contract period from 14th October 2020 to 13th October 2022. The procurement method employed was a direct approach via a single tender action, and the procurement stage reached is the Award, with the award notice published on 8th September 2020.

This tender presents significant opportunities for businesses involved in subscription services, particularly those with expertise in financial data and analytics platforms. Although the contract has been awarded, understanding this procurement process could benefit service providers and technology firms equipped to offer innovative solutions in financial services. Companies looking to develop relationships with government bodies or enhance their portfolio within this sector may find value in monitoring similar future tenders.

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Notice Information

Notice Title

UKGI Bloomberg Terminal renewal

Notice Description

Auto renewal for subscription.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e19a29f-6be9-4518-9f57-d9fb96d400f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c3a97c7f-fcac-4d31-a216-f0fcea02260e
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£36,848 Under £100K
Lots Value
Not specified
Awards Value
£36,848 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20205 years ago
Submission Deadline
24 Aug 2020Expired
Future Notice Date
Not specified
Award Date
24 Aug 20205 years ago
Contract Period
13 Oct 2020 - 13 Oct 2022 1-2 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
UK GOVERNMENT INVESTMENTS : HM TREASURY
Contact Name
Crown Commercial Service on behalf of UK Government Investments : HM Treasury
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

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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