This public procurement record has 3 releases in its history.

Award

23 Jun 2026 at 09:42

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 the procurement process for the "Bloomberg Renewal 2026". This direct award contract is essential for accessing daily market data crucial for the FCA's market monitoring pursuits and consumer protection objectives. Bloomberg LP, based in New York, is the sole supplier due to its exclusive rights. The procurement process was initiated to secure Bloomberg Terminals & Anywhere Licences, classified under data and IT services, covering projects in various regions across the United Kingdom. The contract is in the 'Award' stage as of 23rd June 2026, with an operational period from 11th June 2026 to 10th June 2027.

This procurement presents opportunities for large-scale enterprises, especially those equipped with capabilities in financial data analysis and IT service provisions, to support FCA's strategic goals. The direct award to Bloomberg LP highlights the need for suppliers with proprietary technologies or services that are essential and uniquely aligned with the FCA's sophisticated requirements. Businesses in the financial services and data analytics domains could leverage similar opportunities by possessing distinctive capabilities or exclusive rights, giving them a competitive edge in securing future contracts with government bodies that demand specialized, high-quality data solutions.

How relevant is this notice?

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/058819-2026
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
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
£829,031 £500K-£1M

Notice Dates

Publication Date
23 Jun 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 May 20262 months 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
Active
Contracts Status
Active

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

JSON Markdown

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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