---
title: "Bloomberg Service"
ocid: "ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2025-05-01"
---

# Bloomberg Service

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e)  
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## Summary

The public procurement contracting process for the "Bloomberg Service" initiated by Ofgem, headquartered in London, pertains to the acquisition of a Bloomberg Service terminal for market data analysis. The procurement falls under the services category, specifically involving a license management software package in the technology sector. The contract has been awarded through an open procedure to Bloomberg, Lp, with the contract period commencing on 13 April 2025 and concluding on 12 April 2029. Although the tender stage is past, the award was activated on 1 April 2025, and details were published on 1 May 2025. Serving various locations, including the United Kingdom and parts of Europe, this procurement indicates a high demand in the region for such technological services.

This tender presents notable growth opportunities for businesses specializing in technological and data analytics services. While the specific contract has been awarded, similar future tenders would appeal to small and medium-sized enterprises (SMEs) aiming to expand their market influence in the technology and software sectors. Given the involvement of a prominent regulatory body like Ofgem, securing such contracts could significantly bolster a business's profile and further establish its reputation within the industry. Companies with capabilities in providing software packages and managing licensing agreements would be particularly well-suited to compete in similar future opportunities, promoting further innovation and service expansion.

## Notice

Bloomberg Service terminal used to obtain market data.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3a985e3a-fe42-4da4-bea8-535b434f857e |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 May 2025 |
| Submission deadline | 1 Jan 2025 |
| Future notice date | Not specified |
| Award date | 31 Mar 2025 |
| Contract period | 12 Apr 2025 - 12 Apr 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £52,800 |
| Lots value | Not specified |
| Awards value | £135,936 |
| 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 | OFGEM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48218000 - License management software package

## Release History

- 1 May 2025 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3a985e3a-fe42-4da4-bea8-535b434f857e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3a985e3a-fe42-4da4-bea8-535b434f857e
  1st May 2025 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAY169696
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofgem.gov.uk

## 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-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9583067e-e6d0-499b-a7cd-7396be85032e.json.