Financial Data Analytics and Trading Tools - Hardware and software

Official notice

Authority: University of the West of Scotland (Education)

GoodsAward procedure without prior publication of a call for competition

Sectors: Software Packages & ERP (48) Delivery: London (UKI)Scotland (UKM83)

Awarded value£196,000published contract · exc. VAT

Awarded 16 Oct 2026no call for competition

Awarded to Bloomberg LP

What is being bought

Published requirement description

Hardware and software for the delivery of financial markets data analysis, with real time and historical insights for educational, learning and research purposes

CPV: Industry specific software package

The lotProcurement structure

single lot · no lot value published

Lot #1University of the West of Scotland is seeking to award a contract for the purchase of…

University of the West of Scotland is seeking to award a contract for the purchase of a financial markets data analysis, market intelligence and trading solution – hardware and software without a tender process due to the belief that there is only one supplier who can meet our requirements as follows:

This is to support a two-year pilot project to support employer-informed post-graduate and undergraduate teaching, learning and research
Industry-leading global financial market intelligence data provision and analytics
Real-time and historical data across all asset classes alongside powerful analytic tools and market intelligence
Simulated trading and markets environments
Access to global networking and competition challenges that go beyond the classroom and into industry
Provision of a one-stop shop solution across two campuses

Delivery: London, Scotland · Paisley and London campuses for UWS

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Goods
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: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 19 Oct 2026, 16:50 BST
Last source update: 19 Oct 2026, 16:50 BST
Authority reference: UWS-2026-219
FTS notice number: 2026/S 000-098662
Classification (CPV): Industry specific software package
Delivery area: London (UKI)Scotland (UKM83)
Official registry OCID: ocds-h6vhtk-078b29 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive.
Explanation:
Competition is absent for technical reasons. No reasonable alternative or substitute exists that provides the requirements for education, learning and research. UWS has not artificially narrowed the parameters of the procurement.
After comprehensive market engagement only the nominated supplier has the capacity and solution to provide all of UWS’s requirements.
This notice provides transparency and due diligence prior to the award of the contract. In the event that a supplier details its ability to meet the requirements, then this award will not be made.

Publisher note: NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=845754. (SC Ref:845754)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £196,0001 contract exc. VAT

Contracts signed 1latest 16 Oct 2026

Awarded to	Value	Date	Status
Bloomberg LP	£196,000 †	—	Awarded

Contracts

Contract 098662-2026-UWS-2026-219-1 · Bloomberg LP
Signed
16 Oct 2026
Value
£196,000
Status
active

Contracting authority & participating public bodies

University of the West of Scotland

Contracting authorityEducationBody governed by public lawEducation High Street, Paisley, Scotland, PA1 2BEContact email, phone

Dispute resolution & review bodies

Paisley Sheriff CourtReview body PaisleyContact phone

Bidders & participating suppliers

1 commercial party on the notice

Bloomberg LPAwarded supplier 39-45 Finsbury Square, City Gate House, London, UK, EC2A 1PQContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.