Award

Awarded Contract - Subscription to Capital IQ Pro & After-Market Research

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

02 Jul 2024 at 12:45

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for the subscription to Capital IQ Pro & After-Market Research services to S&P Global Inc. The procurement method used was selective, with a procurement stage of Tender. The contract value is £81,825 GBP, with the contract period running from May 11, 2024, to May 10, 2026. The procurement was categorised under IT services: consulting, software development, Internet and support, with the procurement process involving a call-off from a framework agreement. The contract was initiated on May 11, 2024, with the tender period ending on May 10, 2024, and the contract awarded on July 2, 2024.

This contract presents opportunities for businesses in the IT services industry to provide consulting, software development, and support services. Companies well-versed in financial analysis tools and services would find this tender relevant. The location of the procurement is in London, United Kingdom (SW1P 4DR). Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSE) were determined to be unsuitable bidders for this particular contract due to its complex nature and high value.

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Notice Information

Notice Title

Awarded Contract - Subscription to Capital IQ Pro & After-Market Research

Notice Description

Corporate Finance Advisory took out a subscription to S&Ps's Capital IQ Pro software in 2022 to be able to look at company and sector level financial data. It has now been renewed. Areas where we have been using the data and functionality include: - Analysis and commentary on transactions/M&A - Monitoring companies in distress - Analysis of companies procuring from DfT and ALBs - Ownership analysis - Stock market analysis such as comparing performance of the transport sector to the wider market - Assisting commercial teams with bespoke financial assessments Some of the above is possible to perform using solely publicly available tools and data sources - e.g. company annual reports, investor relations websites and Google/Yahoo Finance. However, the lack of embedded automation makes each task very time consuming. The tool is primarily a web interface that works on an individual user account with unlimited number of users under a master licence agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b60dc527-be93-48d8-9217-bd63e2cac18b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/12d02c1c-4e3b-452a-86f4-4e5ac6822204
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£81,825 Under £100K
Lots Value
Not specified
Awards Value
£81,825 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20241 years ago
Submission Deadline
9 May 2024Expired
Future Notice Date
Not specified
Award Date
10 May 20241 years ago
Contract Period
10 May 2024 - 10 May 2026 1-2 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
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Not specified
Contact Email
dftprocurement@dft.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
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
TLI London
Local Authority
Westminster
Electoral Ward
Vincent Square
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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