Award

2025-086 - Data Leaders Subscription

OFGEM

This public procurement record has 1 release in its history.

Award

24 Apr 2026 at 10:43

UK7 - Contract Details Notice
Summary of the contracting process

Ofgem, a public authority under sub-central government, is the buyer in this procurement process. Based in London, United Kingdom, it seeks to acquire services within the data and AI sector through the tender titled "2025-086 - Data Leaders Subscription." This procurement method is direct and is categorised as being below the threshold without competition. The contract was awarded to IQ Data Group Limited, targeting strategic insights and intelligence platforms for data leaders. The procurement is in the award and contract stage, with the award being active as of 24th April 2026. The contract is valid from 1st April 2026 to 31st March 2029, promising stability and extensive work opportunities during this period.

For businesses looking to leverage strategic data capabilities, this tender offers substantial prospects for growth. Companies specialising in data services and intelligence platforms, especially those adept at community-powered insights and benchmarking, would find this contract beneficial. The award to IQ Data Group Limited, an SME based in London, highlights favourable opportunities for small and medium-sized enterprises in the tech industry. Such contracts open doors for businesses to not only deepen their involvement with public sector projects but also enhance their service portfolio and establish bilateral relationships with governmental organisations like Ofgem.

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Notice Information

Notice Title

2025-086 - Data Leaders Subscription

Notice Description

Ofgem has a requirement for provision of a comprehensive, community-powered intelligence platform for data and AI leaders, focusing on strategic insights, benchmarking, and peer-validated best practices to accelerate data strategy. This will include access to the data leader's platform, data capability matrix to be pointed at one business entity and the creation of a strategic vale plan.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068a8e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037509-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48614000 - Data-acquisition system

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£113,230 £100K-£500K

Notice Dates

Publication Date
24 Apr 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Mar 20261 months ago
Contract Period
31 Mar 2026 - 31 Mar 2029 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
OFGEM
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 4PU
Post Town
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

IQ DATA GROUP

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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