Award

SBREC Business Dataset - Local Businesses

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 15:48

UK7 - Contract Details Notice
Summary of the contracting process

The public procurement process for the "SBREC Business Dataset - Local Businesses" contract was managed by The Mayor and Commonalty and Citizens of the City of London. It falls under the industry category of Database Services and has been completed with an award issued by direct procurement without competition. This contract is valued at £217,493 and the procurement method was below threshold, signifying a streamlined approach. The contract, signed on 20th April 2026, covers the period from 1st May 2026 to 30th April 2029. This initiative, established in the City of London, UK, leverages data services critical for SBREC members to foster business development, with IBISWorld Limited being the chosen supplier.

The procurement of IBISWorld’s database services presents growth opportunities for businesses by providing invaluable data to guide business strategy and planning. The comprehensive reports available through this service offer analysis on industry, sector, sustainability trends, and ESG ratings, all of which support informed decision-making and potential business expansion. Large businesses that specialise in data provision or consultancy services in support of economic development may find this tender particularly relevant to their expertise. By supplying the essential market intelligence offered by IBISWorld, businesses can better position themselves in competitive markets and mitigate the risk of business failure, thereby aiding economic growth within the UK.

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Notice Information

Notice Title

SBREC Business Dataset - Local Businesses

Notice Description

IBISWorld is one of SBREC's essential resources. It provides highly credible, analyst-produced data vital for members looking to start, develop, or scale their businesses. Its reports include in-depth industry and sector analysis across global regions, with additional insights on sustainability trends, ESG ratings, and five-year forecasts. This level of reliable and accurate information is not available for free, and lack of access places businesses at a competitive disadvantage--particularly when preparing business plans or seeking funding, where use of credible, citable data is essential. Given the breadth, depth, and exclusivity of IBISWorld's content, the subscription cost represents strong value. Without this resource, SBREC's service offering would be significantly reduced, limiting access to essential market intelligence for members. The absence of such data could undermine business planning, increase the risk of business failure, and negatively impact economic growth within the UK.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068d42
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038817-2026
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
£217,493 £100K-£500K

Notice Dates

Publication Date
28 Apr 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Apr 20262 weeks ago
Contract Period
30 Apr 2026 - 30 Apr 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
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

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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