Award

Bloomberg Professional System

UNIVERSITY OF THE WEST OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 Oct 2025 at 11:13

UK7 - Contract Details Notice
Summary of the contracting process

The University of the West of England, a public authority classified as a sub-central government entity, has completed the procurement process for the Bloomberg Professional System, a service facilitating financial transaction processing and clearing-house activities. This contracting process, initiated on the basis of the UKPGA 2023/54 legal framework, concluded with Bloomberg Finance L.P. being awarded the contract on 10th July 2025. The contract, valued at £118,880 with a gross amount of £142,655, spans from 1st August 2025 to 31st July 2026. It is situated within the UKK12 region, covering the area around Bristol, United Kingdom. The procurement method for this tender was classified as "Below threshold - unknown," indicating a specialised and nuanced approach.

This tender offers substantial business opportunities, especially for firms in the financial services sector seeking to provide transaction processing and clearing-house services. Companies with expertise in such services are well-placed to benefit, particularly small to medium enterprises like Bloomberg Finance L.P., which has successfully partnered in delivering this project. Engaging with such tenders can enable businesses to expand their market presence, diversify client bases, and enhance their service offerings in the competitive financial industry landscape.

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Notice Information

Notice Title

Bloomberg Professional System

Notice Description

Bloomberg Professional System until 31/07/2026

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05aa68
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/063246-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£118,880 £100K-£500K

Notice Dates

Publication Date
8 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
9 Jul 20257 months ago
Contract Period
31 Jul 2025 - 31 Jul 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF THE WEST OF ENGLAND
Contact Name
Not specified
Contact Email
purchasing@uwe.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS16 1QY
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
Not specified
Local Authority
South Gloucestershire
Electoral Ward
Stoke Park & Cheswick
Westminster Constituency
Filton and Bradley Stoke

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

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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