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complete
Official procurement procedure

Financial Markets data platform

IT services: consulting
software development
Internet and support
London (UKI)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: THE FINANCIAL REPORTING COUNCIL LIMITED: "Financial Markets data platform". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityTHE FINANCIAL REPORTING COUNCIL LIMITEDScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: THE FINANCIAL REPORTING COUNCIL LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for THE FINANCIAL REPORTING COUNCIL LIMITED. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
27.3Bids / Report
18.2% of reports have one bid
Supplier ConcentrationHigh Concentration
Reportix GmbhTop vendor: 100% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 35 active published awards; 22 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
Reportix Gmbh1 win£28,000
Procedure terms
Contracting AuthorityTHE FINANCIAL REPORTING COUNCIL LIMITED
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published1 May 2024, 09:28 BST
Last source update1 May 2024, 09:28 BST
Recurring procurementNot published
ClassificationIT services: consulting, software development, Internet and support
Delivery area
London (UKI)
OCIDocds-h6vhtk-04357f
What is being bought
The FRC requires, a source of financial market data. Our requirement is therefore subscription services with a database provider (with the breadth and depth of the data we require) that can provide the following content within the following data categories including but not limited to): o Financial statements and accounting standards data o Asset data o Debt data o Audit data o Ownership data o Operation and profit data
What changed
From the official release history
  1. Status changed to complete
    1 May 2024, 09:28 BST
  2. Official notice release published
    1 May 2024, 09:28 BST
  3. Submission deadline changed to published date
    1 May 2024, 09:28 BST
  4. Status changed to active
    29 Jan 2024, 16:25 GMT
  5. Official notice release published
    29 Jan 2024, 16:25 GMT
  6. Submission deadline changed to 29 Feb 2024, 12:00 GMT
    29 Jan 2024, 16:25 GMT
  7. Buyer information updated
    29 Jan 2024, 16:25 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Source of Financial Markets data.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    1 May 2024, 09:28 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 30 Apr 2024, 00:00 BST · £717,746
Commercial outcome and competition
Awards
REFINITIV LIMITED
Not published · Not published · active
Contracts
Contract
£717,746 · signed 30 Apr 2024, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

THE FINANCIAL REPORTING COUNCIL LIMITED

Contracting authority GB-COH-02486368
View buyer profile

  • THE FINANCIAL REPORTING COUNCIL LIMITED
    buyer

    GB-COH: 02486368
    8Th Floor,125 London Wall, London, UKI, EC2Y5AS
    procurement@frc.org.uk
    +44 2074922300

  • Refinitiv Limited (a wholly-owned subsidiary of the London Stock Exchange Group, LSEG)
    supplier

    GB-COH: 00145516
    London, UKI

  • The Financial Reporting Council
    reviewBody

    London
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published