Award

New Market Data Metrics

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

15 Jun 2023 at 15:16

Summary of the contracting process

The Bank of England has awarded a contract for the provision of market data metrics under a single tender action. The contract is valued at £86,645.23 and has been awarded to Refinitiv Limited. The procurement stage is complete, with the contract period starting on 22nd March 2023 and ending on 21st March 2024. The main procurement category is services, and the tender deadline was on 21st March 2023. The buying organisation is the Bank of England located in London, England.

This awarded tender to provide market data metrics presents a business growth opportunity for service providers in the software and information systems industry. Small and medium-sized enterprises (SMEs) that specialize in market data solutions could benefit from competing for similar tenders. Businesses with expertise in financial data analysis and management would be well-suited to participate in such procurement processes. The direct procurement method used in this tender can streamline the bidding process for eligible suppliers.

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Notice Title

New Market Data Metrics

Notice Description

Provide market data metric (End of Day quotes for Yield curves, equities, CDS, FX rates & historical data for these quotes).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba23c225-5721-4eb1-8482-1835e561dadb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4be36199-9d0d-48a0-b38d-dc8df79ac440
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

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£86,645 Under £100K
Lots Value
Not specified
Awards Value
£86,645 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jun 20232 years ago
Submission Deadline
21 Mar 2023Expired
Future Notice Date
Not specified
Award Date
22 Mar 20232 years ago
Contract Period
22 Mar 2023 - 21 Mar 2024 1-2 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
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

REFINITIV

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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