Award

Bloomberg Subscription (Coventry)

COVENTRY UNIVERSITY

This public procurement record has 3 releases in its history.

AwardUpdate

08 Aug 2024 at 12:35

AwardUpdate

08 Aug 2024 at 12:33

Award

08 Aug 2024 at 12:31

Summary of the contracting process

Coventry University has completed the procurement process for the renewal of a subscription to Bloomberg Terminals, essential for the delivery of its Faculty of Business and Law (FBL) courses. The process, identified by tender ID SC-1343-24-TH, falls under the "Software package and information systems" industry category and involves a contract valued at £158,726.39. The procurement was executed through a direct, single tender action below the threshold. The contract period started on 1st July 2024 and will end on 31st July 2025, with services being delivered to Coventry, CV1 5FB. Key dates include a tender period end date of 30th June 2024 and the awarding date of 17th July 2024.

This tender presents significant opportunities for large-scale businesses specializing in high-end software and information systems. By engaging in similar procurement processes, companies can solidify their market presence and showcase their capabilities in delivering critical IT infrastructure and services to educational institutions. While the direct procurement method used here favours established entities like Bloomberg Finance LP, which meets specific institutional requirements, smaller enterprises can strategize to become competitive in future tenders through partnerships or by developing niche specializations within the industry.

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How relevant is this notice?

Notice Title

Bloomberg Subscription (Coventry)

Notice Description

Subscription renewal to Bloomberg Terminals essential for delivery of FBL courses

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ec833d0d-7e68-4c4f-9f63-3d9d71f2bf7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/28a7c02a-1f09-4761-8c4f-90d641714a6e
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
£158,726 £100K-£500K
Lots Value
Not specified
Awards Value
£158,722 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Aug 20241 years ago
Submission Deadline
30 Jun 2024Expired
Future Notice Date
Not specified
Award Date
16 Jul 20241 years ago
Contract Period
30 Jun 2024 - 31 Jul 2025 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
COVENTRY UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
CV1 5FB
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
Not specified

Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

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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