---
title: "PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal"
ocid: "ocds-h6vhtk-04838d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04838d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04838d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04838d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UNIVERSITY OF GLASGOW"
published: "2024-07-23"
---

# PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal

Buyer: UNIVERSITY OF GLASGOW  
Current stage: Award  
OCID: ocds-h6vhtk-04838d

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04838d.json)

## Summary

The University of Glasgow has completed a direct award procurement process for the provision of an annual subscription to the Bloomberg Terminal, classified under financial analysis software packages. This procurement, under the goods category, was conducted through a limited procurement method without prior publication of a call for competition. The contract, valued at £255,327, was signed on 28th June 2024. The tender, identified as PPE1001875, was specific to the UK, particularly the Glasgow region (UKM82). The procurement was executed under an Internal Procurement Policy Exception (PPE) due to the unique nature of the service provided solely by Bloomberg LP, highlighting the absence of alternative providers.

This tender offers substantial opportunities for businesses specialised in financial analysis software, particularly those seeking collaboration with educational institutions such as universities. Although Bloomberg LP was the sole supplier due to the uniqueness and specificity of their service, similar tenders in the future may cater to financial technology firms, software providers, and academic institutions engaged in research and financial analysis. The comprehensive and high-quality requirements set by the University of Glasgow indicate a robust demand for specialised software solutions, encouraging businesses in these sectors to prepare for future procurement opportunities in the education and public sectors.

## Notice

PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal. Internal Procurement Policy Exception (PPE) Form completed.

### Lot Information

Lot 1

PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal. This is a unique service only provided by Bloomberg. All major financial organisations, news organisations and Universities have subscriptions to Bloomberg terminals. There is no alternative provider for this service.

### Procurement Information

Regulations 2015-15-Research and Development Services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/022771-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jul 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 27 Jun 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £255,327 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF GLASGOW |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G12 8QQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Hillhead |
| Westminster constituency | Glasgow North |
| Delivery location | TLM82 Glasgow City |

## Supplier

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

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48441000 - Financial analysis software package

## Release History

- 23 Jul 2024 at 07:37 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/022771-2024

## Notice URLs

- http://www.gla.ac.uk/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000772195
- https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00108

## 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-h6vhtk-04838d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04838d.json.