Tender

Market Data Software Subscription

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Tender

06 Dec 2021 at 14:30

Summary of the contracting process

The National Audit Office is currently conducting a tender for a "Market Data Software Subscription" to support its financial audit activities, including access to essential asset and liability prices, as well as economic and market data. This opportunity falls under the business services category, particularly focusing on law, marketing, consulting, recruitment, printing, and security. The tender period is set to close on 21st January 2022, with the contract expected to commence on 1st March 2022 and continue until 28th February 2027. The estimated value of the contract is £340,000, and it is open to all qualified suppliers, with delivery expected to various regions including the UK and beyond.

This tender presents a valuable opportunity for businesses involved in providing market data solutions and financial services, particularly small and medium-sized enterprises (SMEs). Companies that specialise in software development, data management, and business analytics would be well-suited to compete. Engaging in this process could facilitate business growth, especially for firms looking to expand their reach within public sector contracts and improve their service offerings to governmental organisations like the National Audit Office.

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Notice Title

Market Data Software Subscription

Notice Description

The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-93d2dbb6-058b-493b-94d7-b72384145ba4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fde0409b-f1e2-47ce-b433-503e0d445f00
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£340,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20214 years ago
Submission Deadline
21 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Mar 2022 - 28 Feb 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
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
SW1W 9SP
Post Town
South 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
Pimlico North
Westminster Constituency
Cities of London and Westminster

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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