Award

FBL Bloomberg Subscription (November 2021 - October 2023)

COVENTRY UNIVERSITY

This public procurement record has 1 release in its history.

Award

15 Dec 2021 at 09:28

Award Notice
Summary of the contracting process

The procurement process involves Coventry University, which is seeking a Bloomberg Software Subscription for the Faculty of Business and Law, covering the period from November 2021 to October 2023. This contract falls under the goods category, specifically the software package and information systems industry, with an estimated value of £380,342.2. The procurement method used was limited, conducted without prior publication of a call for competition, and the award was signed on 31st October 2021. The key delivery location is in Coventry, UK.

This tender presents significant opportunities for businesses specialising in software solutions, particularly those that provide financial market data and analytics tools. Companies with expertise in integrated software services, education tech, or those looking to enhance their offerings in financial technologies would be well-suited to compete. Engaging in this procurement process could position businesses to expand their footprint within the educational sector, especially given the strategic importance of Bloomberg terminals in enhancing student employability and learning outcomes.

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Notice Information

Notice Title

FBL Bloomberg Subscription (November 2021 - October 2023)

Notice Description

Bloomberg Software Subscription (November 2021 - October 2023)

Lot Information

Lot 1

Bloomberg Software Subscription from November 2021 - October 2023 for Faculty of Business and Law. Bloomberg software offers the combination of data availability across many 'typical' areas within the financial market and a broad range of 'atypical' business areas like central banking, sustainability, shipping, marketing, supply chain etc., this provides for a unique offering compared to other providers who will typically have only financial market data which will be limited in the experience of the University. The Bloomberg terminals also provide analytics functions that allows for bespoke real time analysis; some very good quality visualisation tools, in this University experience, that make them the best, (currently available) for teaching. Bloomberg API's are also very useful in ensuring integration across other platforms. Given the popularity of the Bloomberg terminals within the Finance, Investment, Banking and broader business sectors, our terminals are strategic in supporting student employability within the faculty. There are no alternatives to Bloomberg. This subscription is an essential part of FBL's provision which must be maintained by Coventry University. The trading floor room is well utilised and will continue to be used for strategy classes for academic year 2021-2023.

Procurement Information

Bloomberg Software Subscription from November 2021 - October 2023 for Faculty of Business and Law. Bloomberg software offers the combination of data availability across many 'typical' areas within the financial market and a broad range of 'atypical' business areas like central banking, sustainability, shipping, marketing, supply chain etc., this provides for a unique offering compared to other providers who will typically have only financial market data which will be limited in the experience of the University. The Bloomberg terminals also provide analytics functions that allows for bespoke real time analysis; some very good quality visualisation tools, in this University experience, that make them the best, (currently available) for teaching. Bloomberg API's are also very useful in ensuring integration across other platforms. Given the popularity of the Bloomberg terminals within the Finance, Investment, Banking and broader business sectors, our terminals are strategic in supporting student employability within the faculty. There are no alternatives to Bloomberg. This subscription is an essential part of FBL's provision which must be maintained by Coventry University. The trading floor room is well utilised and will continue to be used for strategy classes for academic year 2021-2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030145
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031182-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
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

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£380,342 £100K-£500K

Notice Dates

Publication Date
15 Dec 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Oct 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
COVENTRY UNIVERSITY
Contact Name
Virlyn c Miller
Contact Email
ad7164@coventry.ac.uk
Contact Phone
+44 7470600309

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
TLG3 West Midlands
Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG

Further Information

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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