Award

Financial and Economic Market Data and Analysis

CABINET OFFICE

This public procurement record has 3 releases in its history.

AwardUpdate

04 Apr 2024 at 10:32

AwardUpdate

04 Apr 2024 at 10:31

Award

04 Apr 2024 at 10:21

Summary of the contracting process

The Cabinet Office has awarded a contract for "Financial and Economic Market Data and Analysis" to Bloomberg Finance L.P. The procurement method was direct, with a contract value of GBP 120,000. The contract period is from March 21, 2024, to March 21, 2026. The procurement stage is complete, and the tender closed on February 21, 2024.

This procurement presents an opportunity for businesses providing software package and information systems services to compete for contracts. Companies offering financial and economic data analysis solutions could find this tender particularly relevant. The buying organisation, Cabinet Office, based in London, United Kingdom, selected Bloomberg Finance L.P as the supplier for this contract.

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How relevant is this notice?

Notice Title

Financial and Economic Market Data and Analysis

Notice Description

Subscription to Bloomberg Terminals essential for operational delivery

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c1f17e15-648a-46fb-a0ef-84fa9a81d68b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d8c65fe-736b-44f4-9688-fc0431051cb1
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
Not specified
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
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£85,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Apr 20242 years ago
Submission Deadline
21 Feb 2024Expired
Future Notice Date
Not specified
Award Date
20 Feb 20242 years ago
Contract Period
21 Mar 2024 - 21 Mar 2026 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
CABINET 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
SW1A 2AS
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

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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