Provision of Market Data - North American Companies

UNIVERSITY OF STRATHCLYDE

This public procurement record has 2 releases in its history.

Summary of the contracting process

The public procurement process by the University of Strathclyde, based in Glasgow, involved the provision of market data specifically for North American companies. Categorised within the services industry, this contract was finalised under the "award" stage, with the description highlighting the necessity for detailed financial information to support long-term academic research at the Strathclyde Business School. A Voluntary Ex-Ante Transparency Notice (VEAT) was issued on 7th January 2026 to ensure compliance with the Procurement (Scotland) Regulations 2016. The process utilised a limited procurement method, allowing the University to directly award the contract without prior competition, justified by the protection of exclusive rights, including intellectual property rights. The final contract was signed on 1st December 2025 and is currently active.

This tender creates substantial opportunities for businesses specialising in financial data services, particularly those handling extensive datasets required for academic research purposes. It is particularly suitable for firms capable of providing in-depth historical financial research services for North American companies. Organisations with expertise in delivering such niche and comprehensive data solutions, and those with established intellectual property rights, were prime candidates for this procurement. The contract, awarded to the Center for Research in Security Prices, LLC, outlines a strategic avenue for large-scale data analytics businesses to expand their clientele within the academic sector. Given the emphasis on quality over pricing, this procurement highlights the importance of delivering superior data solutions tailored to the needs of educational institutions.

How relevant is this notice?

Notice Title

Provision of Market Data - North American Companies

Notice Description

Provision of detailed financials for North American companies.

Lot Information

Lot 1

Provision of detailed historical financial research services for North American companies. This deep history is crucial for long-term academic studies in Strathclyde Business School.

Procurement Information

A Voluntary Ex-Ante Transparency Notice (VEAT) was raised on 07/01/2026. It provided third parties with the opportunity to raise their objection to this contract being awarded without competition. No objection was received which allows the University to determine 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-r6ebe6-0000819104
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN557158
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - 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

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

73 - Research and development services and related consultancy services


CPV Codes

72313000 - Data capture services

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£172,560 £100K-£500K

Notice Dates

Publication Date
3 Jun 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
9 Oct 20258 months 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 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

CENTER FOR RESEARCH IN SECURITY PRICES

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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