---
title: "Provision of Market Data services"
ocid: "ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-11-18"
---

# Provision of Market Data services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59.json)

## Summary

The Bank of England has completed a procurement process for the provision of Market Data services, with Bloomberg PolarLake UK Limited awarded the contract. This contract, classified under the CPV code 72320000 for Database services, is significant for businesses related to technology and data services. The procurement was conducted through an alternative method, specifically a waiver, and has a total value of £748,694.64. The contract period is set from 1st December 2024 to 30th November 2028, covering services to be delivered within England, UK.

This tender provides substantial growth opportunities for businesses specialising in market data and database services, particularly large-scale enterprises. Those with robust capabilities in technology and data services can benefit from the long-term contract and financial value it offers. Although SMEs and VCS enterprises were not specifically targeted, businesses well-versed in managing significant procurement contracts will find this an advantageous opportunity to enhance their market presence and secure a reputable client. The awarded contract highlights the potential for significant collaboration with prominent institutions such as the Bank of England.

## Notice

Provision of Market Data services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d067b00a-c4ed-4eb6-b22c-ab0016f6ed82 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Waiver |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Nov 2024 |
| Submission deadline | 1 Oct 2024 |
| Future notice date | Not specified |
| Award date | 3 Oct 2024 |
| Contract period | 1 Dec 2024 - 30 Nov 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £748,694 |
| Lots value | Not specified |
| Awards value | £748,694 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BLOOMBERG POLARLAKE |

## CPV Codes

### Divisions

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

### Codes

- 72320000 - Database services

## Release History

- 18 Nov 2024 at 16:47 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d067b00a-c4ed-4eb6-b22c-ab0016f6ed82

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d067b00a-c4ed-4eb6-b22c-ab0016f6ed82
  18th November 2024 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4c537de4-025a-4739-869d-8d6d191c7c59.json.