Award

SBREC Business Dataset - Global

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

28 Apr 2026 at 15:41

Summary of the contracting process

The procurement process, initiated by The Mayor and Commonalty and Citizens of the City of London, involves the acquisition of the SBREC Business Dataset - Global. This contract falls within the services category and is aimed at supporting pre-startups, sole traders, micro, and small businesses by providing access to specialist market intelligence databases. The procurement stage is completed, with an award made to GlobalData UK Ltd, a large supplier based in London. The contract, valued at £175,443.6, was signed on 14 April 2026 and is set to commence on 8 May 2026, lasting until 7 May 2029. The procurement method was direct, without competition, and respected local authority rates, ensuring value for money and alignment with SBREC's service standards.

This tender presents significant business growth opportunities for entities involved in providing industry-specific datasets and market intelligence services. The contract ensures that SBREC can deliver high-quality guidance to its users, bolstering the competitiveness and success prospects of small businesses in the UK. Businesses that excel in data analysis, trend forecasting, and demographic insights and have unique, authoritative data offerings would be particularly well-suited to compete for similar contracts. The strategic alignment with SBREC's objectives provides suppliers with a platform to expand their market reach and enhance their credibility as industry authorities, thereby potentially generating further opportunities for collaboration and growth in supporting small business development.

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Notice Title

SBREC Business Dataset - Global

Notice Description

The Small Business Research & Enterprise Centre (SBREC) allocates an annual budget of PS162,000 to procure specialist market intelligence databases that provide data not freely available elsewhere. These resources are essential for SBREC's members--pre-startups, sole traders, micro and small businesses--who cannot afford commercial subscriptions. SBREC purchases these datasets at academic and local authority rates, ensuring strong value for money. All databases are reviewed annually to confirm their uniqueness, return on investment, and alignment with SBREC's service standards. Providers are recognised industry authorities and are the sole publishers of their datasets. GlobalData is a key resource for SBREC, offering in-depth, analyst generated market, sector, company, brand, and demographic data that cannot be replicated by other sources. Its forecasts, trend analysis, and global insights support business planning, funding applications, market entry decisions, and growth strategies. Access to this credible, authoritative data significantly strengthens the competitiveness and success prospects of small businesses. Without GlobalData, SBREC would be unable to provide the high-quality guidance required by its users, limiting the support available to businesses at critical stages of development. As the data is unique and essential, the absence of this resource could lead to weaker business planning and an increased risk of business failure, with wider negative implications for the UK economy.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068d3f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038811-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72320000 - Database services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£175,443 £100K-£500K

Notice Dates

Publication Date
28 Apr 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Apr 20263 weeks ago
Contract Period
7 May 2026 - 7 May 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

GLOBALDATA

Further Information

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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