---
title: "Terminal access to real-time global financial data"
ocid: "ocds-h6vhtk-0553a8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0553a8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0553a8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0553a8.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HM REVENUE & CUSTOMS"
published: "2025-09-03"
---

# Terminal access to real-time global financial data

Buyer: HM REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-h6vhtk-0553a8

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0553a8)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0553a8.json)

## Summary

HM Revenue & Customs (HMRC) has executed a direct award contract process to procure terminal access to real-time global financial data from Bloomberg Finance L.P. This procurement, classified under IT services, was deemed necessary for ensuring tax compliance through reliable data. The contract, valued at £147,301.61, was signed on 8th January 2025, with an active status from 31st July 2025 to 30th July 2027. As a central government public authority, HMRC’s decision was influenced by Bloomberg's exclusive rights over the data, making alternatives non-viable. The procurement location is within the United Kingdom, highlighting the significance of this acquisition for both local and broader markets.

This tender presents substantial opportunities for businesses involved in IT consultancy, software development, and Internet services by demonstrating potential service delivery capabilities in the high-demand area of data solutions and compliance services. While the procurement method was a direct award due to exclusivity, it underscores an ongoing need for specialised data services that could inspire strategic partnerships or innovation in related sectors. Companies with expertise in handling or complementing financial data solutions might explore similar niche markets or prepare to respond to governmental data requests that require bespoke qualifications.

## Notice

The procurement requirement is for three Bloomberg Terminal Licences which will provide Tax Specialists with data that is vital to their compliance work.

### Procurement Information

This has been awarded as a direct award because there are no substitute/competing products for Bloomberg. Bloomberg is the authoritative source for commercial debt data. The Bloomberg data can only be acquired from Bloomberg themselves, it is not available through resellers and so HMRC can only obtain the data through a direct award. Direct award conditions and permissible justifications are set out under Chapter 3 and Schedule 5 of the Procurement Act. There is justification for a direct award on the grounds set out under paragraph 5 of Schedule 5 where the following conditions are met in relation to the public contract- (a)due to a particular supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and (b)there are no reasonable alternatives to those goods, services or works.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/053632-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Sep 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 8 Jan 2025 |
| Contract period | 30 Jul 2025 - 30 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £122,817 |
| Contracts value | £122,817 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HM REVENUE & CUSTOMS |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2BQ |
| 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 | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | BLOOMBERG; BLOOMBERG FINANCE |

## CPV Codes

### Divisions

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

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 3 Sep 2025 at 14:32 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/053632-2025
- 3 Jul 2025 at 13:19 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/037137-2025
- 25 Jun 2025 at 15:22 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/035185-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/053632-2025
  3rd September 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/037137-2025
  3rd July 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/035185-2025
  25th June 2025 - Transparency notice on Find a Tender

## Notice URLs

- https://www.bloomberg.com/uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-0553a8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0553a8.json.