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Bloomberg subscription renewal of 10 licences

COVENTRY UNIVERSITY

This public procurement record has 2 releases in its history.

Award

13 Jul 2026 at 17:19

UK6 - Contract Award Notice
Award

13 Jul 2026 at 17:14

UK5 - Transparency Notice
Summary of the contracting process

Coventry University has completed the direct award procurement process for the renewal of Bloomberg subscriptions, specifically 10 licences essential for several finance-related programmes at its Coventry and London campuses. Categorised under the "Software package and information systems" industry, the procurement stage is "Award" with a contract period beginning on 1st August 2026 and concluding on 31st July 2027. The total contract value amounts to £254,297.17 (gross), reflecting the university's strategic reliance on Bloomberg's unique data services for enhancing educational delivery and employability skills in financial sectors.

This tender presents significant opportunities for businesses specialising in educational technology and financial data systems to explore partnership or consultancy roles with public institutions like Coventry University. Businesses with expertise in software solutions tailored to academic settings, particularly those focused on equipping students with industry-ready skills, would find it advantageous to align themselves with such initiatives. With the university's strong emphasis on practicum-based support through the Bloomberg Terminal, companies offering complementary educational tools and services stand to benefit from similar procurement processes in the future.

How relevant is this notice?

Notice Information

Notice Title

Bloomberg subscription renewal of 10 licences

Notice Description

Bloomberg are the only supplier to provide this service and content. Bloomberg is a strategically important resource for Coventry University London and Coventry and is embedded across several finance-related programmes, including MBA Finance, MSc Financial Technology, MSc Economics and Banking, MSc Global Finance, and BSc Financial Economics and Banking. The platform supports teaching, assessment, dissertation research, and employability development by providing students with access to real-time financial market data, company information, risk management tools, economic indicators, and analytics. Bloomberg is particularly valuable for modules involving financial analysis, investment management, risk management, big data, machine learning, and research methods, where students are required to source and analyse professional-grade financial data. Students are introduced to Bloomberg throughout their studies and are encouraged to complete the Bloomberg Market Concepts (BMC) certification to enhance their industry readiness. The Bloomberg Terminal remains a key differentiator of our finance provision and plays an important role in ensuring that students develop the practical, data-driven skills expected by employers in the financial services sector. The licence quantity has been reviewed and reduced in previous years - x7 licences for Coventry and x3 licences for London remain the appropriate number required.

Procurement Information

Bloomberg are the only supplier to provide this service and content. Bloomberg is a strategically important resource for Coventry University London and Coventry and is embedded across several finance-related programmes, including MBA Finance, MSc Financial Technology, MSc Economics and Banking, MSc Global Finance, and BSc Financial Economics and Banking. The platform supports teaching, assessment, dissertation research, and employability development by providing students with access to real-time financial market data, company information, risk management tools, economic indicators, and analytics. Bloomberg is particularly valuable for modules involving financial analysis, investment management, risk management, big data, machine learning, and research methods, where students are required to source and analyse professional-grade financial data. Students are introduced to Bloomberg throughout their studies and are encouraged to complete the Bloomberg Market Concepts (BMC) certification to enhance their industry readiness. The Bloomberg Terminal remains a key differentiator of our finance provision and plays an important role in ensuring that students develop the practical, data-driven skills expected by employers in the financial services sector. The licence quantity has been reviewed and reduced in previous years - x7 licences for Coventry and x3 licences for London remain the appropriate number required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ca00
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065817-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£211,914 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Jul 20263 days ago
Contract Period
31 Jul 2026 - 31 Jul 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
COVENTRY
Postcode
CV1 5FB
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
Not specified
Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE

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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