Award

Moneyfacts Analyser

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

29 May 2024 at 15:55

Award Notice
Summary of the contracting process

The Post Office Limited has awarded a contract for the procurement of retail financial product daily/weekly news & data analysis services to MONEYFACTS GROUP PLC. The contract, titled "Moneyfacts Analyser," has a total value of £1,750,000 and was awarded through a direct award procurement method. The contract period is from January 1, 2024, to December 31, 2029, with the tender period closing on November 20, 2023. The contract was awarded on December 2, 2023, with an active status starting from May 15, 2024, and the main procurement category is services.

This tender presents an opportunity for businesses involved in data analysis services to engage in a significant contract with the Post Office Limited. Companies providing similar services within the financial industry, especially those with capabilities in reporting and analysis, may find this tender suitable for their growth and expansion strategies. The contract value of £1,750,000 over a five-year period offers a stable revenue stream for the successful supplier, MONEYFACTS GROUP PLC, which has a large-scale operation and is well-positioned to deliver on the requirements of the contract.

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Notice Information

Notice Title

Moneyfacts Analyser

Notice Description

retail financial product daily/weekly news & data, reporting and analysis

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5d0f8e5e-125f-41c7-b4cd-cd28454d2f33
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6799d45f-d2d6-4fb8-9c5c-69092dfd6634
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
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72316000 - Data analysis services

Notice Value(s)

Tender Value
£1,750,000 £1M-£10M
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 May 20241 years ago
Submission Deadline
20 Nov 2023Expired
Future Notice Date
Not specified
Award Date
2 Dec 20232 years ago
Contract Period
14 May 2024 - 31 Dec 2029 Over 5 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
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
procurement@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
BL1 2AX
Post Town
Bolton
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD36 Greater Manchester North West
Delivery Location
Not specified
Local Authority
Bolton
Electoral Ward
Queens Park & Central
Westminster Constituency
Bolton North East

Supplier Information

Number of Suppliers
1
Supplier Name

MONEYFACTS GROUP

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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