Award

Data Licensing Contract - LSEG DataScope (Equities CTP Project - Tactical)

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Award

10 Jun 2026 at 09:37

UK7 - Contract Details Notice
Award

01 Jun 2026 at 10:12

UK5 - Transparency Notice
Summary of the contracting process

The Financial Conduct Authority (FCA), based in London, United Kingdom, has awarded a direct data licensing contract to Refinitiv Limited, under the title "Data Licensing Contract – LSEG DataScope (Equities CTP Project - Tactical)." This procurement falls within the services industry category, specifically for data services, and is located throughout the UK. The process is at the award stage, with the contract commencing on 1st June 2026 and running until 31st May 2027, with the possibility of extending for additional 12-month periods. The procurement method employed is direct, a below-threshold process without competition, aimed at fulfilling the FCA's requirements for their Equities Consolidated Tape Project, with significant milestones planned for 1st July and 1st October 2026.

This contract offers substantial opportunities for businesses involved in data services, particularly those capable of providing comprehensive ticker volume data through products similar to LSEG DataScope. Companies that specialise in data licensing and have the capacity to support large-scale projects, such as the Equities Consolidated Tape Project, are best positioned to compete in similar tenders. The project anticipates broader licensing arrangements in the future, which implies potential growth and collaboration opportunities for businesses looking to establish long-term engagements with public authorities like the FCA. While alternative suppliers were considered, the direct award indicates a need for specific capabilities that only a few companies might meet, highlighting a potential niche market for select data service providers.

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Notice Information

Notice Title

Data Licensing Contract - LSEG DataScope (Equities CTP Project - Tactical)

Notice Description

This request is on behalf of the Equities Consolidated Tape Project and is for the direct award of a data provision (i.e. data licensing contract) with LSEG (aka. Refinitiv) for a number of prescribed 'ticker volumes' from their DataScope product with the ability to use the data and to publish such data and 'derived' information on the FCA website. As such, this EtP Request is considered to be a short-term measure, as: 1. The consolidated licence arrangement is expected to be in place by 1st July 2026 (or delayed in quarterly periods) - with the next one being 1st October 2026. 2. The Equities Consolidated Tape Project sees the benefit of adopting such a wider licensing arrangement. As such, the project intends to be part of the scope of the consolidated licence initiative to ensure such future licensing includes permission for republication of derived data. Alternative suppliers (incl. BMLL) were assessed, but none can meet t

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06aa09
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/054600-2026
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

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£64,800 Under £100K
Contracts Value
£64,800 Under £100K

Notice Dates

Publication Date
10 Jun 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 May 20262 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

Buyer & Supplier

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

REFINITIV

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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