Award

Provision of Pitchbook Licences Master Agreement

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 5 releases in its history.

ContractTermination

09 Apr 2026 at 10:07

Award

04 Jul 2025 at 14:57

Award

15 May 2025 at 15:30

AwardUpdate

15 May 2025 at 15:28

Award

11 Apr 2025 at 08:57

Summary of the contracting process

The procurement process for the "Provision of Pitchbook Licences Master Agreement" was conducted by the Department for Business & Trade, a central government public authority in the UK, located at the Old Admiralty Building, London. The procurement related to the industry of data services, specifically targeting comprehensive global market analysis. A direct award method was used as PitchBook Data Limited was identified as the only supplier capable of providing the necessary comprehensive and integrated dataset. The contract commenced on 28 May 2025 and ended on 1 April 2026 with a total contract value of £337,649. This procurement process, which included stages such as tender, award, and implementation, reflected upon the inability to find reasonable alternatives for these services.

This tender offers significant business growth opportunities, particularly for firms specialising in data services and financial market analytics. Companies with expertise in delivering market analysis and performing strategic stakeholder mapping services are well suited to such opportunities. Firms with a robust understanding of public and private market data or those looking to expand their reach in providing data intelligence to government sectors can benefit greatly. The comprehensive reach of PitchBook's data offerings, involving both venture capital and private equity analytics, indicates a need for highly specialised data providers in this space where competition is limited due to the technical nature of the services required.

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How relevant is this notice?

Notice Title

Provision of Pitchbook Licences Master Agreement

Notice Description

The Department for Business and Trade (DBT) has procured data license subscriptions from PitchBook and award the contract to them. This contract will ensure that our teams have access to comprehensive global market analysis, as well as detailed information on UK companies. This unique service is invaluable for our UK and overseas sector teams, as well as our central investment function teams. PitchBook is a financial data and software company specialising in providing detailed information on private and public markets, including venture capital, private equity, and mergers and acquisitions.

Procurement Information

The selected supplier is the only known provider offering a uniquely comprehensive and integrated dataset that spans both private and public markets globally. Their platform consolidates a wide range of structured and proprietary indicators relevant to market activity, company growth trajectories, and investment signals. This includes financial, operational, and strategic insights that are not available in combination from other sources. The solution also enables advanced relationship mapping and intelligence on key stakeholders, which is critical for our intended use case. No other known provider has been identified that can deliver this breadth and depth of data within a single platform.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05010c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032243-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK11 - Contract Termination Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

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


CPV Codes

72300000 - Data services

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£281,374 £100K-£500K
Contracts Value
£281,374 £100K-£500K

Notice Dates

Publication Date
9 Apr 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Apr 20251 years ago
Contract Period
27 May 2025 - 1 Apr 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active, Pending
Contracts Status
Terminated

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS & TRADE
Additional Buyers

MISSING

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 2DY
Post Town
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

PITCHBOOK DATA

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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