Forwards365 Data Contract · UK public procurement notice

GoodsAward procedure without prior publication of a call for competition

Awarded value£216,000published contract · exc. VAT

Awarded 17 Jan 2024no call for competition

Awarded to New Change Currency Consultants LTD

What is being bought

Published requirement description

Contract award to NCFX for Forwards365 Data.

The services are for spot and forward benchmark and reference data for market FX rates.

CPV: Software package and information systems

single lot · no lot value published

Lot #1The services are for spot and forward benchmark and reference data for market FX ratesAwarded

Delivery: UK · UK

From the official record

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: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 4 Mar 2024, 12:33 GMT
Last source update: 4 Mar 2024, 12:33 GMT
FTS notice number: 2024/S 000-006830
Classification (CPV): Software package and information systems
Delivery area: UK
Official registry OCID: ocds-h6vhtk-044521 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: No other data provider has sought FCA accreditation for their benchmarks. All other transaction cost analysis (TCA) providers require give-up of trade data directly, without an independent benchmark rate.

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £216,0001 contract exc. VAT

Bids received 1

Contracts signed 1latest 17 Jan 2024

Awarded to	Value	Date	Status
New Change Currency Consultants LTDSME	£216,000 †	—	Awarded

Contracts

Contract 006830-2024-CON/1001357-1 · New Change Currency Consultants LTDSME
Signed
17 Jan 2024
Value
£216,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authorityBody governed by public lawEconomic affairs GB-COH: RC000042 Threadneedle Street, LONDON, London, EC2R8AHContact name, email

Dispute resolution & review bodies

1 commercial party on the notice

NEW CHANGE CURRENCY CONSULTANTS LIMITEDAwarded supplierGB-COH: 08069933 2nd Floor, 10 Rathbone Place, London, UK, W1T 1HP

Official links; attachments are not copied

No document links were published on the notice.