Award

Provision of Market and Product Data for Metals and Commodities

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

17 Jan 2025 at 15:54

Summary of the contracting process

The Department for International Trade (DIT) has completed the procurement process for the "Provision of Market and Product Data for Metals and Commodities." This service falls under the industry category of Data Services (CPV code 72300000) and is intended for multiple locations, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The procurement process has reached the award stage, with key dates including the tender period end date on 1st December 2024 and the contract period beginning on 20th December 2024 and concluding on 30th November 2026. The awarded contract is valued at £135,706. The procurement method used was a direct, single tender action below the threshold.

This tender creates a substantial opportunity for businesses specialising in data services, particularly those with expertise in market and product data for metals and commodities. While the procurement is already awarded to S&P Global Commodity Insights, understanding the requirements and scale of this tender can help other large data service providers identify potential opportunities for similar future contracts. Such tenders can boost business growth by connecting companies with significant government-backed projects, providing valuable exposure and experience in the international trade sector.

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Notice Title

Provision of Market and Product Data for Metals and Commodities

Notice Description

Provision of Market and Product Data for Metals and Commodities

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e5391ad0-7d32-45e5-8f7e-c374dc129907
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e15b2b3e-6163-4272-a484-77776d3608dc
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

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


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£135,706 £100K-£500K
Lots Value
Not specified
Awards Value
£135,706 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jan 20251 years ago
Submission Deadline
1 Dec 2024Expired
Future Notice Date
Not specified
Award Date
20 Dec 20241 years ago
Contract Period
20 Dec 2024 - 30 Nov 2026 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
DEPARTMENT FOR INTERNATIONAL 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 2DY
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

S&P GLOBAL COMMODITY INSIGHTS

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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