Award

The Economist Subscription Renewal

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

30 Oct 2025 at 15:45

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Business & Trade has successfully completed a procurement process for the renewal of a Digital Corporate subscription to The Economist. This contract, classified under the industry category of newspapers, journals, periodicals, and magazines, falls within the central government public authority sector. The subscription is intended to provide access to political, business, and economic content to all department colleagues, aiding professional development and enhancing the work environment. The contract period runs from 19th October 2025 to 18th October 2026, and it was awarded through a direct procurement method without competition due to its below-threshold status, with The Economist serving as the supplier. The contract was signed on 2nd October 2025 for a value of £50,750.

This tender is particularly beneficial for businesses specializing in the production and distribution of digital content aimed at professional development within governmental settings. Companies like The Economist, with capabilities in supplying comprehensive digital information resources, will find such opportunities suitable for reinforcing their existing services and expanding their client base in the public sector. The direct nature of the procurement method emphasizes reliability and the proven track record of potential suppliers in fulfilling government requirements efficiently.

How relevant is this notice?

Notice Information

Notice Title

The Economist Subscription Renewal

Notice Description

This procurement was a below threshold direct award under PA23. It is for a Digital Corporate subscription to The Economist providing access for all DBT colleagues, including staff at post, via the Economist website and app. This subscription allows every colleague within DBT to sign up for an online account so they can be informed on the latest political, business, and economic developments, analysis and trends, from across the UK and the world on their devices, wherever they are. Access to podcasts and events encourage continuous learning and professional development. The provision of The Economist is part of the package of making DBT a great place to work and supported by the Permanent Secretary.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d756
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069830-2025
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

22 - Printed matter and related products

CPV Codes

22200000 - Newspapers, journals, periodicals and magazines

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£50,750 Under £100K

Notice Dates

Publication Date
30 Oct 20251 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Oct 20251 months ago
Contract Period
18 Oct 2025 - 18 Oct 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
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

THE ECONOMIST

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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