Award

Subscription to Financial Times 2024-25

UK GOVERNMENT INVESTMENTS LIMITED

This public procurement record has 1 release in its history.

Award

25 Sep 2024 at 10:00

Summary of the contracting process

The UK Government Investments Limited has completed a procurement process titled "Subscription to Financial Times 2024-25." The procurement, classified under the industry category of Newspapers (CPV 22210000), was executed through a direct single tender action (below threshold). The tender involved a contract period starting on 23 September 2024 and ending on 22 September 2025. The contract, valued at GBP 46,153, covers the subscription services for FT.com. The buying organisation is located in London, at the postal code W1W 8DH, while the service delivery location is specified at postal code SW1A 2BQ. Key dates in the procurement process included the tender end date on 22 September 2024 and the award date on 22 September 2024.

This tender presents significant opportunities for large-scale suppliers in the subscription services sector. Given the specific nature of the subscription to FT.com, businesses with experience in providing high-quality, digital newspaper subscription services would be well-suited to compete for similar contracts in the future. The contract's value and duration can contribute to business stability and growth by securing a reliable revenue stream over the contract period. Although this tender did not seek engagement from SMEs or VCSEs, it highlights the importance of having a tailored service offering and an ability to directly negotiate with large government entities.

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Notice Title

Subscription to Financial Times 2024-25

Notice Description

Subscription to FT.com 2024-25

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87d9c457-1fd6-4693-adba-9b053c34df02
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6635346d-c4db-4a81-8e96-3155adcc0cca
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products

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


CPV Codes

22210000 - Newspapers

79980000 - Subscription services

Notice Value(s)

Tender Value
£46,153 Under £100K
Lots Value
Not specified
Awards Value
£46,153 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
21 Sep 2024Expired
Future Notice Date
Not specified
Award Date
21 Sep 20241 years ago
Contract Period
22 Sep 2024 - 22 Sep 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK GOVERNMENT INVESTMENTS LIMITED
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
W1W 8DH
Post Town
West 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
Not specified

Local Authority
Westminster
Electoral Ward
West End
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

THE FINANCIAL TIMES

Further Information

Notice Documents

Notice URLs

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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