Award

Sector Market Data - OPSS

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

27 Jun 2025 at 13:22

Summary of the contracting process

The Department for Business & Trade, located in London, is the contracting authority for a procurement process titled "Sector Market Data - OPSS". This contract focuses on obtaining comprehensive industry intelligence services from IBISWorld, a large-scale supplier located in London. The procurement is categorized under "Data services" in the services industry and is managed through a direct procurement method "Below threshold - without competition". The contract has been awarded and is active as of 19th June 2025, set to conclude on 19th June 2026, with an estimated contract value of £35,000 net (£42,000 gross).

This tender provides substantial opportunities for businesses focused on data services, specifically those able to deliver extensive market intelligence and industry data. Large-sized companies, particularly those specialising in industry analytics, are best positioned to benefit from such opportunities. By enhancing OPSS Team’s capacity for market analysis and risk assessment, the contract demonstrates a clear intent to utilise industry expertise to improve regulatory decision-making. Companies equipped to offer comprehensive data solutions can leverage this contract to establish or strengthen their presence within the public sector market.

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Notice Title

Sector Market Data - OPSS

Notice Description

The subscription to IBISWorld data will enhance the OPSS Team's access to reliable and comprehensive industry intelligence. This will improve market analysis, risk assessment and regulatory decision-making filling critical gaps in data sources.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055543
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035829-2025
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£35,000 Under £100K

Notice Dates

Publication Date
27 Jun 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Jun 20258 months ago
Contract Period
19 Jun 2025 - 19 Jun 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

IBISWORLD

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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