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Financial Analysis Tool Eikon

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

03 Dec 2020 at 15:11

Award Notice
Summary of the contracting process

The Department for Work and Pensions has completed a procurement process involving the subscription to Refinitiv's financial analysis tool, Eikon. This contract, identified as REGPOL20/001B, falls under the industry category of financial and insurance services, with a total value of £12,771.60. The procurement method used was a single tender action, classified as direct procurement, and the contract period is set from 1 January 2021 to 31 December 2021. The award was published on 3 December 2020, following the tender period that concluded on 27 November 2020. The delivery address is located in Brighton, England, with the relevant postal code BN1 4DW.

This tender presents a significant opportunity for businesses specialising in financial services and analysis tools to expand their market presence. Companies that provide innovative financial solutions or subscriptions to similar analytical tools could position themselves to compete effectively in future similar tenders. Given the direct procurement method used in this instance, businesses that can demonstrate value and capability for tailored financial services may find opportunities in upcoming contracts from the Department for Work and Pensions and other government agencies.

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Notice Information

Notice Title

Financial Analysis Tool Eikon

Notice Description

Subscription to use Refinitiv's financial analysis tool Eikon

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ee7d267f-5ff5-4b9e-a3ca-0736075e8e98
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb6c86cb-edfb-4bf5-a345-d9b3a8b355d0
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£12,771 Under £100K
Lots Value
Not specified
Awards Value
£12,771 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20205 years ago
Submission Deadline
27 Nov 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
1 Jan 2021 - 31 Dec 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
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIGHTON
Postcode
BN1 4DW
Postcode Area
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
Not specified
Local Authority
Brighton and Hove
Electoral Ward
West Hill & North Laine
Westminster Constituency
Brighton Pavilion

Supplier Information

Number of Suppliers
1
Supplier Name

REFINITIV LIMITED

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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