This public procurement record has 1 release in its history.

Award

08 Jul 2026 at 09:44

Summary of the contracting process

The University of Strathclyde has completed a procurement process for the provision of Bloomberg Financial Trading Terminals, a contract which has been awarded without prior publication of a call for competition under the Public Contract (Scotland) Regulations 2015. The procurement was justified by the need for a particular supplier due to exclusive rights, with Bloomberg LP being the successful supplier. The procurement falls under the 'goods' category and focuses on financial analysis software, with delivery located at the University of Strathclyde, Glasgow (region UKM82). The contract, valued at £134,374, was signed on 8th July 2026 and is intended to enhance the teaching, research, and student opportunities at the university's Department of Accounting and Finance and the wider Strathclyde Business School.

This contract offers substantial business opportunities for suppliers capable of providing highly specialised financial trading systems with exclusive features. Businesses within the financial software and data supply services industry, especially those holding unique intellectual property rights, are well positioned to benefit from such contracts. The procurement method suggests a preference for bespoke, high-value goods that fulfil specific organisational needs, indicating that innovative and large businesses like Bloomberg LP, with the capacity to offer tailored solutions, are particularly suitable for such opportunities.

How relevant is this notice?

Notice Title

Bloomberg Financial Trading Terminals

Notice Description

The provision of Bloomberg Financial Trading Terminals.

Lot Information

Lot 1

The University requires the provision of Bloomberg Financial Terminals for teaching, research, and student provision within the Department of Accounting and Finance and the wider Strathclyde Business School (SBS).

Procurement Information

It has been determined that the appropriate route to market for this requirement is an award without competition in accordance with The Procurement (Scotland) Regulations 2016, Regulation 6 - Circumstances in which a contract can be awarded without competition - (1) A contracting authority may award a public contract without seeking offers in relation to the proposed contract - b) where the works, supplies or services can be supplied only by a particular economic operator for any of the following reasons - (iii) the protection of exclusive rights, including intellectual property rights.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c600
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/064024-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

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


CPV Codes

48000000 - Software package and information systems

48441000 - Financial analysis software package

48812000 - Financial information systems

66151000 - Financial market operational services

72319000 - Data supply services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£134,374 £100K-£500K

Notice Dates

Publication Date
8 Jul 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Jul 20261 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF STRATHCLYDE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G1 1XU
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG

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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