Award

Standard and Poors (S&P) Global Market Intelligence Agreement - 2021-2022

JISC

This public procurement record has 3 releases in its history.

Award

12 Apr 2022 at 13:09

TenderUpdate

01 Apr 2022 at 10:09

Award

14 Jun 2021 at 12:51

Summary of the contracting process

Jisc, a National Research and Education Network Provider based in Bristol, UK, has completed a tender process for the "Standard and Poors (S&P) Global Market Intelligence Agreement - 2021-2022". This procurement falls within the education and training services category and was executed using a limited procurement method, under the rationale of exclusive rights to the service provided. The contract, which is valued at approximately £713,160, was signed on 8th June 2021 and is currently active, catering to Jisc member institutions across the UK.

This contract presents valuable opportunities for businesses specialising in educational resources and training platforms, particularly those that provide financial market intelligence and analysis tools. Companies with expertise in tools like the S&P Capital IQ platform or those involved in providing industry-specific financial data and news services could find this an ideal area to compete and grow their market presence. With preferential pricing arrangements, businesses capable of licensing such content can effectively tap into the needs of Jisc's member institutions.

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Notice Title

Standard and Poors (S&P) Global Market Intelligence Agreement - 2021-2022

Notice Description

Jisc has entered into a contract with S&P to provide Jisc member institutions with the opportunity to license content published by S&P with preferential pricing. The service is being contracted on behalf of our members and not for Jisc's own use. Institutions can subscribe to one of the following: S&P Capital IQ platform: provides tools, data and research for finance graduates, investors and analysts. SNL platform: industry-specific intelligence for specialised data, flexible tools and real-time financial news covering banks and insurance companies across the globe .

Lot Information

Lot 1

Jisc has entered into a contract with S&P to provide Jisc member institutions with the opportunity to license content published by S&P with preferential pricing. The service is being contracted on behalf of our members and not for Jisc's own use. Institutions can subscribe to one of the following: S&P Capital IQ platform: provides tools, data and research for finance graduates, investors and analysts. SNL platform: industry-specific intelligence for specialised data, flexible tools and real-time financial news covering banks and insurance companies across the globe . Additional information: The contract value is an estimate based on the aggregate sum of the licence fees that will be paid to the supplier by Jisc member institutions over the one year term of the contract. Jisc itself makes no payment to the supplier for this service.

Procurement Information

The publishing service and content is unique to the supplier. Therefore Jisc is clear that the arrangement falls within the protection of exclusive rights, including intellectual property rights, contained within Regulation 32 (2) (b) (iii) of the Public Contracts Regulations2015,permitting Jisc to enter into the direct award.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02bba5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009742-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£950,880 £500K-£1M

Notice Dates

Publication Date
12 Apr 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Jun 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
JISC
Contact Name
Clare Nurton
Contact Email
procurement@jisc.ac.uk
Contact Phone
+44 3003002212

Buyer Location

Locality
BRISTOL
Postcode
BS1 6NB
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
Not specified

Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

Supplier Information

Number of Suppliers
1
Supplier Name

STANDARD AND POORS

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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