Official UK procurement notice
Market Data Software Subscription
Authority: National Audit Office (Central government)
What is being bought
Published requirement descriptionThe NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.
CPV: Business services: law, marketing, consulting, recruitment, printing and security
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£340,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Quality Questionnaire: 70%
- Price: 30%
Published award criteria (2)
- Quality Questionnaire: 70
- Price: 30
- Suitability
Please refer to the procurement documents.
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 6 Dec 2021, 16:15 GMT
- Last source update
- 14 Jun 2022, 12:05 BST
- Award evaluation window
- 21 Jan 2022 – …
- Authority reference
GEN_21_50- FTS notice number
2022/S 000-016250- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02fd9aFind a Tender
- Electronic trading
- e-invoicing allowed
- Performance terms
Please refer to the procurement documents.
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=697648197 GO Reference: GO-2022614-PRO-20310704
How it was run
Official notice- Submission deadline
- 21 Jan 2022, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 21 Jan 2022, 12:00 GMT
Timeline
21 Jan 2022 → 14 Jun 2022 · 3 dates- Submission deadline21 Jan 2022, 12:00 GMT
- Bids opened21 Jan 2022, 12:00 GMT
- Notice published14 Jun 2022, 12:05 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete14 Jun 2022, 12:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Refinitiv Limited | £591,600 † | — | Awarded |
Contracts
Contract 016250-2022-1 · Refinitiv Limited
- Signed
- 30 Mar 2022
- Value
- £591,600
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Refinitiv LtdAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria