This public procurement record has 1 release in its history.

Award

22 Jun 2026 at 15:04

Summary of the contracting process

The procurement process under review involves UK Export Finance, a central government public authority, located at 1 Horse Guards Rd, London. The process was initiated to award a contract for the title "ICE term SONIA interest rate feed" under the industry category of services, specifically focusing on subscription services. This procurement followed a direct method, classified as below threshold and executed without competition. The award was granted to ICE Benchmark Administration on 20th May 2026, covering a contractual period from 20th May 2026 to 5th May 2027, with the contract valued at USD 30,000 net. The contract was active as of its signing date, with this particular procurement stage now complete.

This tender represents an opportunity for service providers specialising in financial data feeds and interest rate subscriptions to align with government needs. While ICE Benchmark Administration, a large-scale entity, was awarded the contract directly, smaller businesses skilled in technological innovations within financial services can identify similar opportunities by partnering or subcontracting with larger firms or exploring other government tenders. Firms with strong capabilities in subscription-based financial data services could find governmental engagements beneficial for expanding their footprint in the UK's public sector market, particularly when navigating procurement processes without stringent competitive requirements.

How relevant is this notice?

Notice Title

ICE term SONIA interest rate feed

Notice Description

License requirement to enable access to interest rate data feed.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ba64
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058644-2026
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

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
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
22 Jun 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 May 20261 months ago
Contract Period
19 May 2026 - 5 May 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
UK EXPORT FINANCE
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 2HQ
Post Town
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

ICE BENCHMARK ADMINISTRATION

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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