Award

Capital Economics Subscription

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

23 Apr 2025 at 15:34

Summary of the contracting process

The procurement process led by the Department for Business & Trade, a central government public authority, involves a subscription service for the Capital Economics database. This tender, titled "Capital Economics Subscription," falls under the industry category of 'Software package and information systems' and is specifically focused on goods procurement. The procurement was initiated through a direct method, below the threshold, without competition. The contract, awarded to Capital Economics Limited, became active as of 25th March 2025 and will remain in effect until 24th March 2026. Located in London, this procurement's key legal basis is under the UK public act of 2023/54.

This tender presents significant opportunities for similar businesses seeking to engage with the UK central government. With the procurement being completed through a direct method, it showcases potential for businesses with outstanding niche services or goods to attract direct contracts. While this particular procurement was made without competition and targeted at a specific supplier, companies that can offer specialised database or software solutions, especially smaller enterprises, could find ample growth opportunities if they align their offerings closely with governmental needs. Contracting directly with government departments such as the Department for Business & Trade could provide a substantial growth trajectory for businesses within this industry sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Capital Economics Subscription

Notice Description

Subscription to Capital Econimcs database

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050691
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016624-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£14,500 Under £100K

Notice Dates

Publication Date
23 Apr 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Mar 202511 months ago
Contract Period
25 Mar 2025 - 24 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS & TRADE
Contact Name
Not specified
Contact Email
commercialddat@businessandtrade.gov.uk
Contact Phone
Not specified

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

CAPITAL ECONOMICS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-050691-2025-04-23T16:34:32+01:00",
    "date": "2025-04-23T16:34:32+01:00",
    "ocid": "ocds-h6vhtk-050691",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PZZJ-6312-QTTD",
            "name": "Department for Business & Trade",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PZZJ-6312-QTTD"
            },
            "address": {
                "streetAddress": "Old Admiralty Building",
                "locality": "London",
                "postalCode": "SW1A 2DY",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "commercialddat@businessandtrade.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "scheme": "UK_CA_TYPE",
                        "id": "publicAuthorityCentralGovernment",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-144906",
            "name": "Capital Economics Limited",
            "address": {
                "streetAddress": "100 Victoria Street",
                "locality": "London",
                "postalCode": "SW1E 5JL",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "business@capitaleconomics.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PZZJ-6312-QTTD",
        "name": "Department for Business & Trade"
    },
    "tender": {
        "id": "ocds-h6vhtk-050691",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Capital Economics Subscription",
        "description": "Subscription to Capital Econimcs database",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "goods",
            "suppliers": [
                {
                    "id": "GB-FTS-144906",
                    "name": "Capital Economics Limited"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "48000000",
                            "description": "Software package and information systems"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2025-03-25T00:00:00+00:00",
                "endDate": "2026-03-24T23:59:59+00:00"
            },
            "value": {
                "amountGross": 17400,
                "amount": 14500,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-03-24T00:00:00+00:00",
            "documents": [
                {
                    "id": "016624-2025",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/016624-2025",
                    "datePublished": "2025-04-23T16:34:32+01:00",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}