Tender

Market Data Services Dynamic Purchasing System

NATIONAL WEALTH FUND LIMITED

This public procurement record has 2 releases in its history.

Tender

05 Feb 2025 at 19:13

Planning

08 Feb 2024 at 16:10

Summary of the contracting process

The National Wealth Fund (NWF) is initiating a Dynamic Purchasing System (DPS) for Market Data Services, valued at £19,000,000. This procurement process, currently at the Tender stage, is aimed at suppliers who wish to provide market data services in the UK. The DPS will be active from 23 April 2025 to 23 February 2029, with expressions of interest required by 14 March 2025. This system, while primarily for the NWF, can also be utilised by other public sector bodies such as UK Export Finance, the British Business Bank, and the Scottish National Investment Bank. The initiative focuses on various data types and has a significant impact on economic affairs, driven by the Ministry or any other national or federal authority.

This tender presents significant growth opportunities for businesses specialising in data services, research and consultancy, IT, and related sectors. By engaging with this DPS, companies can secure contracts with high-value and long-term prospects. Suitable businesses include those with capabilities in financial markets data, macroeconomic data, and compliance data, among others. The flexible contract terms and the ability to use standard supplier terms make it a favourable option for data service providers looking to expand their market reach and align themselves with the UK's strategic investment priorities.

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Notice Title

Market Data Services Dynamic Purchasing System

Notice Description

The National Wealth Fund (NWF) has been established to drive the nation's growth by creating a stable investment environment and to mobilise private capital to align with the UK Government's strategic priorities. As the successor to the UK lnfrastructure Bank (UKIB), the NWF has a broader remit, increased capital, and a greater capacity for risk. Having access to market data allows the NWF to make informed investment decisions and ultimately achieve its strategic objectives.<br/><br/>Accordingly, the National Wealth Fund as the authority intends to put in place a Dynamic Purchasing Agreement (DPS) for the provision of Market Data Services. This DPS may be utilised by the UK Public Sector Bodies specified in Section Vl.3 Additional lnformation below ("Buyers").

Lot Information

Lot 1

The Market Data Services DPS will be organised into distinct categories so:
- lnterested suppliers ("Applicants") can indicate all elements relevant to their service offerings;
- Buyers can filter the elements to produce a shortlist of appointed suppliers to invite to a competition.

The five (5) distinct filter categories comprise of:
- Data types;
- Data delivery, standards and support;
- Methods and sources,
- Company types;
- Region / Country.

The Data types filter category is further broken down into:
- Financial Markets Data;
- lndices and Benchmarks;
- Macroeconomic Data;
- Company and Fund Data;
- Sector Market Data and lnsights;
- Compliance and Regulatory Data;
- Complex Market Data.

Full details of the five (5) distinct filter categories and the sub-categories can be found at Attachment 2 (Specification) and also in Attachment 5 (Service Filter Matrix) of the DPS Application Pack.

NWF reserves the right to add additional filter categories and/or sub-categories or filters within these during the validity period of the DPS providing such additions fall within the scope of Market Data Services and such data is in support of the primary activities of NWF. ln this event, existing suppliers will be notified and may apply for such additional filter categories and/or sub-categories or
filters. ln addition, this Notice will be updated to reflect any additional filter categories.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04387e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003887-2025
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

72300000 - Data services

73000000 - Research and development services and related consultancy services

79300000 - Market and economic research; polling and statistics

79400000 - Business and management consultancy and related services

90711400 - Environmental Impact Assessment (EIA) services other than for construction

Notice Value(s)

Tender Value
£19,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20251 years ago
Submission Deadline
14 Mar 2025Expired
Future Notice Date
2 May 2024Expired
Award Date
Not specified
Contract Period
22 Apr 2025 - 23 Feb 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Additional Buyers

UK INFRASTRUCTURE BANK LIMITED

Contact Name
Procurement Team
Contact Email
procurement@nationalwealthfund.org.uk, procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

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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