Official UK procurement notice
Bloomberg subscription renewal of 10 licences
Authority: Coventry University (Education)
What is being bought
Published requirement descriptionBloomberg are the only supplier to provide this service and content. Bloomberg is a strategically important resource for Coventry University London and Coventry and is embedded across several finance-related programmes, including MBA Finance, MSc Financial Technology, MSc Economics and Banking, MSc Global Finance, and BSc Financial Economics and Banking. The platform supports teaching, assessment, dissertation research, and employability development by providing students with access to real-time financial market data, company information, risk management tools, economic indicators, and analytics. Bloomberg is particularly valuable for modules involving financial analysis, investment management, risk management, big data, machine learning, and research methods, where students are required to source and analyse professional-grade financial data. Students are introduced to Bloomberg throughout their studies and are encouraged to complete the Bloomberg Market Concepts (BMC) certification to enhance their industry readiness. The Bloomberg Terminal remains a key differentiator of our finance provision and plays an important role in ensuring that students develop the practical, data-driven skills expected by employers in the financial services sector. The licence quantity has been reviewed and reduced in previous years - x7 licences for Coventry and x3 licences for London remain the appropriate number required.
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 13 Jul 2026, 18:14 BST
- Last source update
- 19 Aug 2026, 14:23 BST
- Authority reference
PA-SC-1941-26-TH- FTS notice number
2026/S 000-079050- Latest notice
- Contract details notice (UK7)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06ca00Find a Tender
- Why no open competition
- Single Suppliers Intellectual Property Exclusive Rights
- Published justification
Bloomberg are the only supplier to provide this service and content. Bloomberg is a strategically important resource for Coventry University London and Coventry and is embedded across several finance-related programmes, including MBA Finance, MSc Financial Technology, MSc Economics and Banking, MSc Global Finance, and BSc Financial Economics and Banking. The platform supports teaching, assessment, dissertation research, and employability development by providing students with access to real-time financial market data, company information, risk management tools, economic indicators, and analytics. Bloomberg is particularly valuable for modules involving financial analysis, investment management, risk management, big data, machine learning, and research methods, where students are required to source and analyse professional-grade financial data. Students are introduced to Bloomberg throughout their studies and are encouraged to complete the Bloomberg Market Concepts (BMC) certification to enhance their industry readiness. The Bloomberg Terminal remains a key differentiator of our finance provision and plays an important role in ensuring that students develop the practical, data-driven skills expected by employers in the financial services sector. The licence quantity has been reviewed and reduced in previous years - x7 licences for Coventry and x3 licences for London remain the appropriate number required.
Notice history
4 events · 3 releases on Find a Tender · since 13 Jul 2026- Transparency notice published13 Jul 2026, 18:14 BSTUK5
- Contract award notice published13 Jul 2026, 18:19 BSTUK6
- Contract signature expected31 Jul 2026, 23:59 BSTscheduled
- Contract details notice published19 Aug 2026, 14:23 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| BLOOMBERG FINANCE L.P.Bloomberg subscription renewal1 Aug 2026 – 31 Jul 2027 | £211,914 | 13 Jul 2026 | Awarded |
Contracts
Contract 1 · BLOOMBERG FINANCE L.P.
- Signed
- 31 Jul 2026
- Value
- £211,914
- Period
- 1 Aug 2026 – 31 Jul 2027
- Status
- active
No agreed KPIs: The value of the contract is below £5,000,000.00 which the threshold for setting KPIs.
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Bloomberg Finance L PAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender