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S&P Subscriptions

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

09 Oct 2024 at 19:09

Award Notice
Summary of the contracting process

The procurement process, managed by UK Export Finance, pertains to the acquisition of S&P Subscriptions within the subscription services industry (CPV: 79980000). This contract, specific to the UK region, was handled through a limited procurement method without prior call for competition, citing reasons such as protection of exclusive rights. The process reached its completion, with the contract awarded on 22nd September 2024, and the award worth £591,281 being finalised. The awarded supplier is S&P Global Market Intelligence, an entity recognised for their exclusive provision of credit rating services, accessed via the internet.

This tender presents substantial business growth opportunities for firms that specialise in exclusive or niche services, particularly those similar to S&P Global Market Intelligence's credit rating provisions. Companies with unique, high-value intellectual property offerings that cannot be easily replicated are well-suited to compete in such procurement processes. Moreover, businesses in the field of economic affairs or those keen on gaining governmental contracts can leverage such opportunities to enhance their portfolios and secure substantial government engagements.

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Notice Information

Notice Title

S&P Subscriptions

Notice Description

Subscription to S&P Credit Rating services.

Lot Information

Lot 1

Subscription to S&P Credit Rating services. Accessed through internet.

Procurement Information

S&P Rating - which is a globally recognised and trusted score and is the exclusive property of S&P.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04a74f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032501-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award 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

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

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£591,281 £500K-£1M

Notice Dates

Publication Date
9 Oct 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Sep 20241 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
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
SW1A 2HQ
Postcode Area
South West 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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

S&P Global Market Intelligence

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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