Award

Thomson Reuters Westlaw Subscription

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 Jul 2025 at 10:27

Summary of the contracting process

The Bank of England has awarded a contract to Thomson Reuters Group Ltd for the provision of a subscription to the Westlaw online legal database. This procurement falls under the 'Subscription services' category and is situated in London, United Kingdom. The award, which marks the completion of the procurement process, was published on 8th July 2025, following an active award dated 26th May 2025. The procurement was conducted using a negotiated procedure without prior publication, as allowed for procurements above certain thresholds, and the limited method was adopted. The total contract value is £652,971 GBP, with the contract set to commence on 1st July 2025 and conclude on 31st March 2028.

This tender offers significant opportunities for businesses specialising in subscription services, particularly those with experience in providing specialised information and content databases. While the contract is well-suited for larger enterprises due to its scale, smaller businesses and SMEs with niche expertise in legal content could find opportunities in similar future tenders. This contract model, involving direct negotiation, emphasizes the importance of maintaining key industry relationships and showcasing unique content offerings to attract and secure direct awards from organisations like the Bank of England.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Thomson Reuters Westlaw Subscription

Notice Description

Thomson Reuters Professional UK Limited provides access to an online legal database containing unique content the Authority requires. This content can only be made available from the source publisher.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a251803e-8dbe-4b0a-a420-06fff32d9d96
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e406ada-fc13-4944-b1a0-2c2a3461685a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
SME
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
£652,971 £500K-£1M
Lots Value
Not specified
Awards Value
£652,971 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20257 months ago
Submission Deadline
26 May 2025Expired
Future Notice Date
Not specified
Award Date
25 May 20259 months ago
Contract Period
30 Jun 2025 - 31 Mar 2028 2-3 years
Recurrence
Not specified

Notice Status

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

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
TLI London

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

THOMSON REUTERS GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-a251803e-8dbe-4b0a-a420-06fff32d9d96-2025-07-08T11:27:29+01:00",
    "date": "2025-07-08T11:27:29+01:00",
    "ocid": "ocds-b5fd17-a251803e-8dbe-4b0a-a420-06fff32d9d96",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001853",
        "title": "Thomson Reuters Westlaw Subscription",
        "description": "Thomson Reuters Professional UK Limited provides access to an online legal database containing unique content the Authority requires. This content can only be made available from the source publisher.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79980000",
            "description": "Subscription services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 652971,
            "currency": "GBP"
        },
        "procurementMethod": "limited",
        "procurementMethodDetails": "Negotiated procedure without prior publication (above threshold)",
        "tenderPeriod": {
            "endDate": "2025-05-26T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-07-01T00:00:00+01:00",
            "endDate": "2028-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Corporate Contracts",
                "email": "corporate.contracts@bankofengland.co.uk",
                "telephone": "02034612595"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-3296375",
            "name": "THOMSON REUTERS GROUP LTD",
            "identifier": {
                "legalName": "THOMSON REUTERS GROUP LTD",
                "scheme": "GB-COH",
                "id": "3296375"
            },
            "address": {
                "streetAddress": "Thomson Reuters Building,30 South Colonnade LONDON E14 5EP GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-a251803e-8dbe-4b0a-a420-06fff32d9d96-1",
            "status": "active",
            "date": "2025-05-26T00:00:00+01:00",
            "datePublished": "2025-07-08T11:27:29+01:00",
            "value": {
                "amount": 652971,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-3296375",
                    "name": "THOMSON REUTERS GROUP LTD"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-07-01T00:00:00+01:00",
                "endDate": "2028-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/0e406ada-fc13-4944-b1a0-2c2a3461685a",
                    "datePublished": "2025-07-08T11:27:29+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}