Award

Corporate and Financial Datasets

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Award

31 Mar 2026 at 00:00

Summary of the contracting process

The procurement process for the "Corporate and Financial Datasets" contract has been initiated by the University of Edinburgh, situated in Edinburgh, UK. This opportunity falls within the services category, specifically targeting the education sector, and aims to provide financial data for staff and student research purposes. The contract has an initial duration of 16 months, with an option to extend for up to 24 additional months. This award, dated 31 March 2026, is part of a negotiated procedure without prior competition, due to technical specifications that only LSEG (London Stock Exchange Group) could fulfil. Key legislation under Regulation 33(1)(b)(ii) of the Public Contracts (Scotland) Regulations 2015 justified this approach due to the lack of viable alternatives in the market.

This tender presents substantial growth potential primarily for businesses specialising in financial services and dataset provision tailored to academic needs. Businesses within the data analytics and educational research sectors might find similar opportunities in partnering with academic institutions that require specialised data services. While the contract was awarded solely to LSEG, similar businesses can leverage the unique requirements outlined to develop offerings that cater to higher education institutions. By understanding the niche research and teaching needs of business schools, companies can align their services to become future contenders for similar contracts.

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How relevant is this notice?

Notice Title

Corporate and Financial Datasets

Notice Description

Financial data required for staff and student research.

Lot Information

Lot 1

Provision of Corporate and Financial Datasets required for the University of Edinburgh Business School to support staff and student research and teaching. Contract is for an initial period of 16 months with the option to extend by a further period of up to 24 months.. As this was an negotiated procedure without prior publication, there was no evaluation involved regarding quality however, the system does not allow for no quality % to be inserted

Procurement Information

LSEG Workspace is a specialist database that provides the University of Edinburgh Business School access to corporate and executive data that supports research and teaching. There are no other datasets that meet the Business School's requirements due to coverage, historical depth, and range of proprietary data. Therefore, a contract is awarded to LSEG via negotiated procedure without competition on the basis that competition is absent for technical reasons under Regulation 33(1)(b)(ii) of the Public Contracts (Scotland) Regulations 2015.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000828069
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552849
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

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
£406,332 £100K-£500K

Notice Dates

Publication Date
31 Mar 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 20264 days 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
Post Town
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
2
Supplier Names

LSEG (LONDON STOCK EXCHANGE GROUP

UNIVERSITY OF EDINBURGH

Further Information

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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