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BMI & Global Sovereign Ratings

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

16 Oct 2026 at 10:47

UK5 - Transparency Notice
Summary of the contracting process

UK Export Finance procured access to Fitch subscription services for BMI and Global Sovereign ratings. This is a subscription service, rather than a supply of physical goods or a works contract. The ratings are for use by the UK government export finance body. The procurement covers service delivery in the United Kingdom. The selected supplier, Fitch Solutions Group Ltd, is based in London. The requirement is specifically for BMI and global sovereign ratings through Fitch’s subscription services; it is not a general procurement of financial advice or ratings across other providers. The buying organisation is UK Export Finance, a central government body.

The procurement is complete and the award names Fitch Solutions Group Ltd as supplier. The award is recorded as pending, with a planned signature milestone on 16 October 2026. The award date is not stated. The service period runs from 16 October 2026 to 8 March 2029. The awarded value is £230,902 excluding VAT, or £277,082 including VAT. It was handled as a direct award because the information was available from only one supplier; the stated rationale also cites exclusive intellectual property rights. There was one lot, covering the subscription service. No separate evaluation scoring or award criteria are recorded.

This award shows demand at UK Export Finance for subscription access to BMI and global sovereign ratings, delivered by a specialist provider. Fitch Solutions Group Ltd was selected on the basis that the required information was available from only one supplier, with exclusive intellectual property rights also cited. A competitor seeking similar work would need to demonstrate that it controls or can lawfully provide the required ratings and subscription content, and that its coverage meets UK Export Finance’s specific BMI and sovereign-risk needs. The requirement is for an established subscription service rather than a bespoke research project or a broad financial consultancy engagement. The award went to a large supplier, indicating the commercial scale and specialist content involved.

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Notice Information

Notice Title

BMI & Global Sovereign Ratings

Notice Description

Access to Fitch subscription services for BMI & Global Sovereign ratings

Procurement Information

Only available supplier this direct information

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078930
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/097788-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
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
£230,902 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 Oct 2026 - 8 Mar 2029 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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

FITCH SOLUTIONS GROUP LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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