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TfL 97147 - Access to MSCI PropertyBenchmarking Data

Transport for London

This public procurement record has 3 releases in its history.

Award

19 Aug 2026 at 14:49

UK7 - Contract Details Notice
Award

08 Jun 2026 at 10:53

UK6 - Contract Award Notice
Award

05 Jun 2026 at 17:03

UK5 - Transparency Notice
Summary of the contracting process

Transport for London commissioned access to MSCI PropertyBenchmarking Data and related real-estate analytics. The service supplies property benchmarking datasets, market indices and associated methodology, together with analytics modules and user access. It supports Places for London in benchmarking its property portfolio, carrying out valuations, managing lease-linked index activity, and producing internal and external performance reports. The requirement is a data supply service, classified under CPV 72319000. Delivery is for London, through Transport for London’s property activities. The buyer is Transport for London, a public undertaking. The scope is focused on continued access to proprietary property data and analysis rather than the delivery of physical works, property management or general data services.

This procurement is complete and was awarded by direct award to MSCI Limited on 8 June 2026. The award value is £239,579 excluding gross amounts, with a gross value of £287,494.80. The awarded service period runs from 22 June 2026 to 21 June 2028. A contract was subsequently signed on 28 July 2026, with the active contract period running from 28 July 2026 to 27 July 2028, at the same £239,579 net and £287,494.80 gross value. There was one completed lot, considered suitable for SMEs. The direct-award rationale was that MSCI owns and exclusively provides the required proprietary datasets, indices and benchmarking methodology, with intellectual-property and exclusive-rights considerations cited.

This award indicates demand from Transport for London for specialist property-market data used in portfolio benchmarking, valuation and performance reporting. A credible future competitor would need authoritative real-estate datasets, established market indices and a defensible benchmarking methodology, alongside analytics tools that support portfolio analysis and decision-making. It would also need to provide reliable user access and data suitable for lease-linked index activity and both internal and external reporting. Experience serving property owners or institutional portfolios, with consistent data definitions and analytical outputs, would be relevant. The incumbent’s exclusive ownership of the required proprietary data was central to this direct award, so a rival supplier would need a clearly differentiated or equivalent data asset and the rights to supply it for these uses.

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Notice Information

Notice Title

TfL 97147 - Access to MSCI PropertyBenchmarking Data

Notice Description

The contracting authority intends to directly award acontract for continued access to specified MSCIreal estate analytics, indices and propertybenchmarking data required to support portfoliobenchmarking, valuation activity, lease-linked indexactivity, and internal and external performancereporting. The requirement also includes thoseassociated analytics modules and user accesselements that remain necessary for portfolioanalysis and decision support.

Procurement Information

MSCI Limited is the owner and exclusive provider of the proprietary MSCI property benchmarking datasets, indices and associated benchmarking methodology required by Places for London. The requirement is specifically for access to MSCI Property Benchmarking Data to enable Places for London to benchmark the performance of its property portfolio consistently against established MSCI market benchmarks.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06af30
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079070-2026
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72319000 - Data supply services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£239,579 £100K-£500K
Contracts Value
£239,579 £100K-£500K

Notice Dates

Publication Date
19 Aug 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Jun 20262 months ago
Contract Period
28 Jul 2026 - 27 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Transport for London
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
Postcode Area
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

MSCI LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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