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FTSE Private Investor Index Series Licence

FINANCIAL OMBUDSMAN SERVICE LIMITED

This public procurement record has 1 release in its history.

Award

27 May 2025 at 15:30

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Ombudsman Service Limited, a sub-central government public authority located in London, has completed the direct procurement process for the "FTSE Private Investor Index Series Licence." This contract has been awarded under the legal basis of the UK Public General Acts 2023/54 and follows a procurement method below threshold without competition, focusing on goods within the software package and information systems category. The contract, valued at £34,182, is active from 1st April 2025 and will run until 31st March 2028. FTSE International Limited, a large-scale supplier, has been chosen to supply the necessary licences.

This procurement offers substantial growth opportunities for businesses in the software and information systems industry, especially for those capable of providing niche financial data services like index series licences. While the procurement method did not involve open competition, future tenders could see participation from businesses positioned to meet the evolving requirements of financial authorities and offer innovative technological solutions for data management and software systems across the UK.

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Notice Information

Notice Title

FTSE Private Investor Index Series Licence

Notice Description

FTSE Private Investor Index Series Licences

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-052739
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027815-2025
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
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
£34,182 Under £100K

Notice Dates

Publication Date
27 May 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE LIMITED
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
E14 9SR
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

FTSE INTERNATIONAL LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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