{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-0775fa-2026-09-21T08:30:36+01:00",
    "date": "2026-09-21T08:30:36+01:00",
    "ocid": "ocds-h6vhtk-0775fa",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PBHM-8926-YDNL",
            "name": "National Audit Office",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PBHM-8926-YDNL"
            },
            "address": {
                "streetAddress": "157-197 Buckingham Palace Road",
                "locality": "London",
                "postalCode": "SW1W 9SP",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "NAO.Procurement@nao.org.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "scheme": "UK_CA_TYPE",
                        "id": "publicAuthorityCentralGovernment",
                        "description": "Public authority - central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PBHM-8926-YDNL",
        "name": "National Audit Office"
    },
    "planning": {
        "milestones": [
            {
                "id": "engagement",
                "type": "engagement",
                "description": "The National Audit Office (NAO) is undertaking preliminary market engagement in relation to its planned procurement for a Market Data Software Subscription Service. The purpose of this engagement is to: * identify suppliers interested in participating in a future procurement exercise; * understand the range of market data solutions currently available in the market; * validate the NAO's proposed requirements and procurement approach; and * obtain information on market developments, commercial models and emerging technologies. Suppliers wishing to participate should submit an expression of interest by emailing NAO.Procurement@nao.org.uk Following receipt of an expression of interest, the NAO will issue a supplier questionnaire. Completed questionnaires must be returned to NAO.Procurement@nao.org.uk by 16 October 2026. The NAO may use responses received to inform its procurement strategy, specification, evaluation approach and tender documentation. The NAO may also seek clarification on questionnaire responses and, if required, invite suppliers to participate in follow-up engagement activities. Participation in this engagement exercise is voluntary and does not constitute a call for competition. Participation will not provide any supplier with an advantage in any subsequent procurement process.",
                "dueDate": "2026-10-16T23:59:59Z",
                "status": "scheduled"
            }
        ],
        "documents": [
            {
                "id": "088943-2026",
                "documentType": "marketEngagementNotice",
                "noticeType": "UK2",
                "description": "Preliminary market engagement notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/088943-2026",
                "datePublished": "2026-09-21T08:30:36+01:00",
                "format": "text/html"
            }
        ]
    },
    "tender": {
        "id": "CPT_26_25 Market Data Software Subscription",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "CPT_26_25 Market Data Software Subscription",
        "description": "At the NAO, we have a business need to access reliable market and financial information to inform our financial audit and value for money audit work. Around 50 financial audit teams across the office accessed these services in the 2025-26 cycle. This is a business-critical need, used in providing independent evidence to support key assumptions in asset and liability valuations and historical pricing. Our value for money audit work also requires access to high-quality market, corporate, financial, geopolitical and sector intelligence that is not readily available through standard internet searches or publicly available government sources. We require the provision of a product that provides quick and efficient access to asset and liability prices as well as economic and market data. The minimum requirements for this service are as follows: * A software product capable of meeting International Standard on Auditing (ISA) 500 requirements that provides quick and efficient access to asset and liability prices, such as bonds, equities and fund investments in both a real-time and historic basis, and the ability to price derivative instruments such as interest rate swaps. * The software must also provide economic and market data such as current and past FX rates, access to financial indexes, basic company financial and performance metrics, sovereign and corporate credit ratings, macroeconomic data and forecasts (such as GDP). * We require flexibility to retrieve data for a variety of dates and timepoints and in different formats for larger vs smaller volume requirements. The volume of data we require varies from day to day and the software should be able to accommodate changes in the volume of requests without compromising service or performance, as well as high-volume requests. * Unlimited access to a dedicated helpdesk to help resolve routine queries over functionality and performance, as well as more complex aspects of the software. In addition, access to an account manager is required, who can efficiently resolve any issues with the software. * Regular training, as well as the opportunity to occasionally engage in 'deep dives' i.e. more detailed questions surrounding methodology (such as valuations for particular financial instruments or datasets). Both of these benefits are required at no extra cost above the core subscription. * The software itself must be available for use year-round and for 24hrs a day. Any supplier IT/service outages must be resolved promptly and as a priority. * Ability to retain retrieved data on our audit files in accordance with statutory requirements is essential. The provider must permit the unrestricted retention and storage of market data and supporting evidence on NAO audit files, ensuring compliance with audit methodology and quality requirements.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "48441000",
                        "description": "Financial analysis software package"
                    },
                    {
                        "scheme": "CPV",
                        "id": "72319000",
                        "description": "Data supply services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79980000",
                        "description": "Subscription services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "contractPeriod": {
                    "startDate": "2027-04-01T00:00:00Z",
                    "endDate": "2030-03-31T23:59:59Z",
                    "maxExtentDate": "2032-03-31T23:59:59Z"
                },
                "hasRenewal": true,
                "status": "planning"
            }
        ],
        "status": "planning"
    },
    "language": "en"
}