Award

Provision of Global Trading Data - Awarded

DEPARTMENT FOR BUSINESS AND TRADE

This public procurement record has 1 release in its history.

Award

05 Mar 2025 at 16:26

Award Notice
Summary of the contracting process

The Department for Business and Trade has completed the procurement process for the provision of global trading data, awarding the contract to Trade Data Monitor LLC. This contract pertains to the industry category of Database Software Package (CPV 48611000). The procurement was conducted via an open procedure below threshold, with tenders submitted until 9th January 2025. The contract commenced on 3rd March 2025 and will continue until 2nd March 2027. The procurement process has now reached the award stage, with the contract valued at £38,000, extendable up to £57,000, and covers delivery to multiple regions including the United Kingdom, Europe, and British Overseas Territories.

This tender offers substantial growth opportunities for businesses specialising in database software and trading data analysis. Companies that are well-positioned to benefit include small and medium-sized enterprises (SMEs) with a focus on global trade analytics and database software development. By participating in such contracts, businesses can expand their market reach, enhance their product offerings, and build a relationship with a significant governmental department, potentially leading to further opportunities in the future.

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Notice Information

Notice Title

Provision of Global Trading Data - Awarded

Notice Description

Global Trading Data - Awarded Contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cdc41b37-f42a-4567-a2ff-cb0e3a745fa5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a7fdd34-40ec-402d-b03e-27756f88f201
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48611000 - Database software package

Notice Value(s)

Tender Value
£57,000 Under £100K
Lots Value
Not specified
Awards Value
£38,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 202511 months ago
Submission Deadline
9 Jan 2025Expired
Future Notice Date
Not specified
Award Date
3 Mar 202511 months ago
Contract Period
3 Mar 2025 - 2 Mar 2027 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
DEPARTMENT FOR BUSINESS AND TRADE
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 2EG
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

TRADE DATA MONITOR

Further Information

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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