---
title: "Market Data Software Subscription"
ocid: "ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2025-02-05"
---

# Market Data Software Subscription

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf.json)

## Summary

The National Audit Office has completed a public procurement process for a Market Data Software Subscription, awarding the contract to Refinitiv Ltd. The contract, falling under the CPV category of Business services such as law, marketing, consulting, recruitment, printing, and security, is valued at £591,600 inclusive of VAT for the full five-year period. The service provides access to asset and liability prices as well as economic and market data to support NAO's financial audits. Commencing on 1st April 2022, the contract runs for an initial period of two years, extended by an additional 12 months from 1st April 2025 to 31st March 2026, with potential further extensions. This open procedure (above threshold) was concluded under the award stage as of January 2025.

This tender offers significant opportunities for businesses in the financial data and software sectors, especially those capable of providing reliable and comprehensive market data solutions. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) will find this contract well-aligned with their capabilities. By securing such contracts, businesses can enhance their market presence and contribute to high-profile financial audits, demonstrating the value and efficiency of their products in critical governmental processes.

## Notice

The National Audit Office awarded a contract to Refinitiv Ltd who will be providing a product that provides quick and efficient access to asset and liability prices as well as economic and market data to inform NAO financial audit and value for money audit work. The contract commenced on Friday 1st April 2022 running for an initial period of 2 years with 3, 12 months optional extensions. The contract value for this service will be PS591,600 inclusive of VAT over the 5 years contract period. As if January 2025, the contract has been extended for 12 months from Tuesday 1st April 2025 to Tuesday 31st March 2026.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/727b74a5-b0ea-4867-aea0-b84913d823b4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Feb 2025 |
| Submission deadline | 29 Mar 2022 |
| Future notice date | Not specified |
| Award date | 29 Mar 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £591,600 |
| Lots value | Not specified |
| Awards value | £591,600 |
| 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 | NATIONAL AUDIT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1W 9SP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | REFINITIV |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 5 Feb 2025 at 10:09 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/727b74a5-b0ea-4867-aea0-b84913d823b4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/727b74a5-b0ea-4867-aea0-b84913d823b4
  5th February 2025 - 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-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7f281db3-7d06-4d0b-902c-b2c64a431caf.json.