Award

Renewal of Financial Times subscription for UKGI

UK GOVERNMENT INVESTMENTS : HM TREASURY

This public procurement record has 1 release in its history.

Award

08 Sep 2020 at 15:00

Award Notice
Summary of the contracting process

The UK Government Investments: HM Treasury is seeking a subscription renewal for the Financial Times, classified under subscription services in the services category. The procurement process is currently in the Award stage, with the contract awarded on 25 August 2020, and the contract period commencing on 23 September 2020 and ending on 22 September 2021. The total contract value is £23,618, and the delivery addresses encompass the United Kingdom, the Isle of Man, Guernsey, and Jersey. The procurement follows a direct method or single tender action, as it is below the threshold.

This tender presents a promising opportunity for businesses specialising in subscription services and publications, particularly those providing financial news and analysis. While the award has been made to the Financial Times Ltd, other businesses in similar sectors could benefit from understanding the procurement processes used by the HM Treasury. Companies looking to engage in future tenders for service subscriptions or public sector contracts should focus on demonstrating value and maintaining competitive pricing to effectively position themselves for future opportunities.

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Notice Information

Notice Title

Renewal of Financial Times subscription for UKGI

Notice Description

Auto renewal subscription

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ec2a14ed-4912-4f90-a2cf-6b54d845677c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1222e8b7-ddf1-4c71-bfcb-33e223b404df
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£23,618 Under £100K
Lots Value
Not specified
Awards Value
£23,618 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20205 years ago
Submission Deadline
24 Aug 2020Expired
Future Notice Date
Not specified
Award Date
24 Aug 20205 years ago
Contract Period
22 Sep 2020 - 22 Sep 2021 6-12 months
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
UK GOVERNMENT INVESTMENTS : HM TREASURY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

THE FINANCIAL TIMES

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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