---
title: "PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software"
ocid: "ocds-r6ebe6-0000623573"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000623573"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000623573.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000623573.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "UNIVERSITY OF GLASGOW"
published: "2021-05-25"
---

# PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software

Buyer: UNIVERSITY OF GLASGOW  
Current stage: Award  
OCID: ocds-r6ebe6-0000623573

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000623573)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000623573.json)

## Summary

The procurement process involves the University of Glasgow soliciting a direct award for an annual subscription to financial data software, specifically the Bloomberg terminal. This contract falls under the goods category and was initiated through an open procedure, highlighting the institution's need for real-time financial market data. The award was completed on 11th June 2020, with the contract value set at USD 86,200. The geographical focus of this procurement is Glasgow, within the UK.

This tender provides substantial opportunities for businesses within the financial services software sector. Companies specialising in financial data solutions or similar technological services would find themselves well-positioned to compete for future contracts with the University of Glasgow. Given the specific technical nature of this procurement, suppliers that can demonstrate unique capabilities or fulfill niche requirements may find particular success in this market space, potentially fostering growth and collaboration with this eminent educational institution.

## Notice

PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software The Bloomberg terminal is a computer software system provided by the financial data vendor that enables professionals in the financial service sector and other industries to access real-time financial market data and place trades on the electronic trading platform. Procurement Policy Exception Form completed.

### Lot Information

Lot 1

PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software. The Bloomberg terminal is a computer software system provided by the financial data vendor that enables professionals in the financial service sector and other industries to access real-time financial market data and place trades on the electronic trading platform. Procurement Policy Exception Form completed. "This direct award is justified as competition is absent for technical reasons and is exempt under Regulations 6 (1) b (II) of the Procurement (Scotland) Regulations 2016. This is also permitted for reasons of extreme urgency under Regulations 6 (1) C of the Procurement (Scotland) Regulations 2016."

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY416352 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 May 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 11 Jun 2020 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £86,200 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| 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 NEW ENERGY FINANCE |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 25 May 2021 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY416352

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY416352
  PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software - PPE Ref 5769 Direct Award of PPE for Annual Subscription for Financial Data Software The Bloomberg terminal is a computer software system provided by the financial data vendor that enables professionals in the financial service sector and other industries to access real-time financial market data and place trades on the electronic trading platform. Procurement Policy Exception Form completed.

## Notice URLs

- http://
- http://www.gla.ac.uk/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000623573

## 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-r6ebe6-0000623573. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000623573.json.