Award

Credit Default Swaps (CDS) Pricing Service

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Nov 2025 at 10:21

Award Notice
Summary of the contracting process

The Bank of England has completed a procurement process titled "Credit Default Swaps (CDS) Pricing Service," under the industry category of database services. This process involved a direct procurement method for a single tender action below the threshold. The procurement took place in England, with a contract period starting from 23rd October 2025 to 22nd October 2026. Key dates include the tender period ending on 20th September 2025 and the award date on 20th September 2025. The value of the contract is £50,864.21, and the procurement stage has been completed with S&P Global UK Limited being the supplier.

This tender represents a significant opportunity for businesses specialising in financial data services, particularly those able to provide pricing services for credit default swaps. Small and medium-sized enterprises (SMEs) that excel in database and analytical services for the financial sector may find similar opportunities lucrative in future tenders. Large-scale suppliers such as S&P Global UK Limited are indicative of the level of expertise and resources required to secure such contracts with prestigious institutions like the Bank of England. Participating in tenders of this nature can provide a substantial business growth opportunity through engagement in high-profile projects.

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Notice Information

Notice Title

Credit Default Swaps (CDS) Pricing Service

Notice Description

Provision S&P CDS (Credit Default Swaps) Pricing Service

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-600b2063-c5cc-443a-b01c-54414fbe8506
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de31c90e-bf91-454a-919b-a4a410ab092f
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

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

CPV Codes

72320000 - Database services

Notice Value(s)

Tender Value
£50,864 Under £100K
Lots Value
Not specified
Awards Value
£50,864 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20253 months ago
Submission Deadline
20 Sep 2025Expired
Future Notice Date
Not specified
Award Date
19 Sep 20255 months ago
Contract Period
22 Oct 2025 - 22 Oct 2026 6-12 months
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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

S&P GLOBAL

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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