Award

News Aggregator

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

06 Mar 2024 at 09:20

Summary of the contracting process

The Bank of England has awarded a contract for the provision of an online news aggregator service. The tender, titled "News Aggregator," falls under the services category with a total value of £250,519. The procurement method used was a single tender action above the threshold. The contract period is from December 16, 2023, to December 15, 2025. The award date was August 9, 2023, and the contract was published on March 6, 2024. The procurement location is in England.

This tender opportunity created by the Bank of England can be beneficial for businesses providing subscription services. Companies in the information and media industry may find this opportunity particularly suited to their offerings. The contract duration provides stability for the winning supplier, Factiva Limited. While the tender has already been awarded, similar future opportunities from the Bank of England may arise, signalling a potential for long-term business relationships in the sector.

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Notice Title

News Aggregator

Notice Description

Online news aggregator service providing access to 30 users for Factiva Professional, 11 users for Factiva Executive and 200 users for Factiva Copyright.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ee641f95-b18d-4ad4-8bb3-a5eab7b0359b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/105b7805-3f76-4e4c-81b9-a17e6816d7fb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Single tender action (above 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
£250,519 £100K-£500K
Lots Value
Not specified
Awards Value
£250,519 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 20241 years ago
Submission Deadline
8 Nov 2023Expired
Future Notice Date
Not specified
Award Date
8 Aug 20232 years ago
Contract Period
16 Dec 2023 - 15 Dec 2025 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
BANK OF ENGLAND
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
EC2R 8AH
Post Town
Central 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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FACTIVA

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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