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Enterprise License Subscription to the Financial Times

Department for Business & Trade

This public procurement record has 3 releases in its history.

Award

26 Jun 2026 at 10:03

UK7 - Contract Details Notice
Award

08 Jun 2026 at 15:39

UK6 - Contract Award Notice
Award

04 Jun 2026 at 17:15

UK5 - Transparency Notice
Summary of the contracting process

The Department for Business & Trade, located in London, has completed a procurement process for acquiring an Enterprise Licence Subscription to the Financial Times, providing digital access for a period of 12 months. This direct award contract, valued at gross £293,210.4, began on 20th June 2026 and runs until 19th June 2027. The procurement, conducted under the legal framework of the Procurement Act 2023, responded to the unique provision as the Financial Times is the sole supplier able to fulfil the requirements due to its exclusive content and intellectual rights.

This procurement demonstrates growth potential for businesses engaged in providing exclusive or niche content and subscription services. Enterprises capable of offering specialist information with intellectual property rights would be well-positioned to benefit from similar direct awards. This scenario highlights the opportunity for companies to establish themselves as indispensable sources within their industry, particularly within the United Kingdom's services sector, thus creating substantial business development prospects.

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Notice Information

Notice Title

Enterprise License Subscription to the Financial Times

Notice Description

This is an award of contract for an Enterprise License Subscription to the Financial Times (FT) for the Department for Business and Trade. The contract will be for a 12-month period allowing digital access for licensed readers to journalistic insights on news and global affairs.

Procurement Information

The awarded supplier is the only supplier capable of providing the information required to meet the business need. The Direct Award justification is compliant with Section 41 of the Procurement Act 2023 'Single Suppliers' - where a particular supplier is in possession of intellectual property or other exclusive rights.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ae1a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/060143-2026
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

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
£244,342 £100K-£500K
Contracts Value
£244,342 £100K-£500K

Notice Dates

Publication Date
26 Jun 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Jun 20262 months ago
Contract Period
20 Jun 2026 - 19 Jun 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
Department for Business & Trade
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
SW1A 2DY
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

The Financial Times

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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