This public procurement record has 1 release in its history.

Summary of the contracting process

The University of Edinburgh has awarded the contract for 'Workspace and Thomson Reuters Tick History Subscription' to LSEG (London Stock Exchange Group). The procurement process was completed on 7th May 2024. The University required financial data for staff and student research. The procurement method used was a limited procedure without a prior publication of the call for competition. The contract is valued at £124,959.94 GBP and has a duration of 12 months.

This tender presents an opportunity for businesses offering financial data services to engage with the University of Edinburgh. Companies providing specialist databases or financial data analytics targeted towards academic research could find this contract lucrative. The University's requirement for corporate and executive data highlights the niche expertise needed to fulfil their needs. Businesses with a track record in serving educational institutions and strong technical capabilities are well-suited to compete for similar opportunities in the future.

How relevant is this notice?

Notice Title

Workspace and Thomson Reuters Tick History Subscription

Notice Description

Financial data required for staff and student research.

Lot Information

Lot 1

Workspace provides company and financial data needed for staff and student research. Thomson Reuters Tick History (TRTH) provides historical real-time pricing data.. As this was an NCA there was no evaluation involved regarding quality however, the system does not allow for no quality % to be inserted.

Procurement Information

LSEG Workspace and Thomson Reuters Tick History (TRTH) are specialist databases that provides the University of Edinburgh Business School access to corporate and executive data that supports research and teaching. There are no other datasets available that meets the University of Edinburgh requirements due to its coverage and range of data. As such, competition is absent due to technical reasons.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000762591
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY504654
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract 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

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
£124,959 £100K-£500K

Notice Dates

Publication Date
7 May 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

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

LSEG (London Stock Exchange Group)

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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