Award

Practical Law Subscription

FINANCIAL OMBUDSMAN SERVICE LIMITED

This public procurement record has 2 releases in its history.

Award

19 May 2026 at 11:03

Award

19 May 2026 at 10:56

Summary of the contracting process

The Financial Ombudsman Service Limited, a public authority in the sub-central government classification, recently completed a procurement process for a 12-month subscription service for Practical Law. The process, which utilised a direct procurement method without competition due to its below-threshold status, was finalised on 19th May 2026. The tender, executed in London, was categorised under services with the industry classification pointing towards subscription services. The contract was awarded to Thomson Reuters (Professional) UK Limited, effective from 1st June 2026 to 31st May 2027, marking the completion of the procurement stage with the total value amounting to £39,685.62 GBP.

This tender presents ample opportunities for large-scale businesses that specialise in providing subscription services, particularly those already established within the legal or information services sectors, to align with governmental needs and enhance their business portfolio. Although the procurement method was direct and restricted to existing qualified suppliers, businesses seeking to engage in similar future opportunities should consider forming strategic partnerships or expanding their capabilities to meet specified criteria and thus become potential candidates for such government contract awards.

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Notice Title

Practical Law Subscription

Notice Description

Provision of a Practical Law Subscription for 12 month period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069bc1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/045698-2026
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£39,685 Under £100K
Contracts Value
£39,685 Under £100K

Notice Dates

Publication Date
19 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 May 20261 weeks ago
Contract Period
31 May 2026 - 31 May 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE LIMITED
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 9SR
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

THOMSON REUTERS (PROFESSIONAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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