Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Financial Datasets

University Of Edinburgh

This public procurement record has 1 release in its history.

Award

13 Oct 2026 at 11:44

Award Notice
Summary of the contracting process

The University of Edinburgh bought licences for access to financial datasets for research and teaching. This is a database service, rather than a purchase of bespoke research or financial advice. The requirement covers dataset access to support the university’s education and research activities, with delivery in Edinburgh. S&P Global was selected to provide the service. The procurement was handled as a single requirement; the dataset licences were not separated into distinct lots. This purchase demonstrates demand from a higher education institution for licensed financial information that can serve both academic research and teaching, with access to datasets forming the core of the service.

The procurement is complete and the contract was awarded to S&P Global. The University of Edinburgh used a negotiated procedure without prior publication of a competition, citing the supplier’s protection of exclusive rights, including intellectual property rights. The recorded contract value is £368,153, and it was signed on 1 October 2026. The stated initial term was 12 months, with an option described in the lot information for five further 12-month periods. The award rationale says no award criteria were used; the lot data also includes a 90% quality and 10% price split, which conflicts with that statement. One bid was recorded. The related lot is marked cancelled, although the award and contract are recorded as active.

For suppliers seeking comparable work with the University of Edinburgh, credibility depends on having the rights and ability to provide licensed financial datasets suitable for both research and teaching. This award was justified on the basis that only a particular operator could provide the service because of protected exclusive rights, including intellectual property. A competing supplier would therefore need to demonstrate access to relevant proprietary datasets and a lawful route to licence them for institutional use. The requirement combines academic research needs with teaching use, so coverage and usability across those purposes are central. The single recorded bid and direct negotiated route also show that this purchase was shaped by supplier exclusivity, rather than a broad competitive field on conventional price and quality terms.

How relevant is this notice?

Notice Information

Notice Title

Financial Datasets

Notice Description

The University of Edinburgh are purchasing licences to access financial datasets required for research and teaching purposes.

Lot Information

Lot 1

The University of Edinburgh are purchasing licences to financial datasets to support education and research. The contract is for an initial period of 12 months, with the option to extend by five further periods of 12 months. Additional information: NB: this contract was awarded by negotiated procedure without prior publication. Therefore no award criteria was utilised. The system does not allow for this to be optional.

Procurement Information

The University have awarded a contract to S&P Global for the provision of financial datasets via the negotiated procedure without prior publication on the basis of the protection of exclusive rights, including intellectual property rights.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078664
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/096472-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
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

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

CPV Codes

72320000 - Database services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£368,153 £100K-£500K

Notice Dates

Publication Date
13 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University Of Edinburgh
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

S&P Global Limited

Further Information

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.

Loading OCDS record...