Award

Bloomberg Renewal 2026

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Award

28 May 2026 at 10:47

Award

28 May 2026 at 10:34

Summary of the contracting process

The Financial Conduct Authority (FCA), a central government public authority based in London, has completed a procurement process titled "Bloomberg Renewal 2026" in the services industry category. The process involved the direct award of access to Bloomberg Terminals & Anywhere Licences, essential for the FCA's market data requirements, in order to enhance their regulatory functions. Given the exclusivity of Bloomberg's data services, the procurement method was a direct award, justified by intellectual property rights, with the contract awarded to Bloomberg LP. Key dates include the award notice published on 28th May 2026, with a contract period set from 11th June 2026 to 10th June 2027.

This procurement highlights opportunities for businesses providing exclusive, high-value data services to government entities, particularly those that can offer unique intellectual property. Businesses specialising in data services, information technology services, and IT requirements review can find avenues for growth by positioning themselves as indispensable resources for pivotal public authorities such as the FCA. The direct award process, while limited in competitive opportunities due to its nature, underscores the importance of maintaining a distinct service or product that meets specific regulatory needs, which can be pivotal for businesses striving to carve a niche in the public procurement market.

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Notice Title

Bloomberg Renewal 2026

Notice Description

The FCA requires daily access to market data. The data and insight that Bloomberg can provide is key for departments to be able to deliver on its market monitoring objective. There is no viable alternative product. Retaining Bloomberg license is critical for the FCA to complete our statutory objective of 1/ promoting competition and 2/ consumer protection. Bloomberg licences are critical to enhance regulatory returns and allow us to perform our function of financial analysis.

Procurement Information

Single supplier - intellectual property or exclusive rights Only Bloomberg can provide the licenses required.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06a756
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/050210-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72222300 - Information technology services

72223000 - Information technology requirements review services

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£829,031 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 May 20263 weeks ago
Contract Period
10 Jun 2026 - 10 Jun 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG

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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