← Back to search results

AwardedFind a Tender · award

News Aggregation

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
StatusAwarded
DeadlineNot published
ValueValue not published
Published6 Mar 2024

What is being bought

Contract award to Factiva for licences for an online news aggregator service

Delivery location

UK

Categories

Subscription services 79980000

Lot details

Lot 1

Online news aggregator service providing 30 licences for Factiva Professional, 11 licences for Factiva Executive and 200 licences for Factiva Copyright, to be used by Researchers, Analysts, Communication professionals and Information professionals within the Bank.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Subscription services (79980000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 7913,7414 median · 30.9 average (5,803 of 13,741 with a bid count)3.2 average (6,508 of 13,741 with named award suppliers)1 comparable price pairs
Same buyer2399 median · 399 average (1 of 2 with a bid count)19 average (1 of 2 with named award suppliers)Not published
Delivery region: UK3,8144 median · 60.1 average (1,523 of 3,814 with a bid count)5.1 average (1,810 of 3,814 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleFactiva are the only supplier that can provide all three of the required services. Factiva are owned by Dow Jones, who are owned by News Corp. Factiva therefore have exclusive rights to Dow Jones and News Corp publications such as the Times and Sunday Times. The Bank is required to access News Corp publications as part of the news aggregator service. Regulation 32(1)(b)(ii) allows a direct award on the basis that only Factiva can provide the service due to the protection of exclusive rights.
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

007135-2024-1

Statusactive
Value£208,766

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0445e2
Latest release ID007135-2024
Latest release timestampWed Mar 06 2024 09:19:17 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
6 Mar 2024award, contract007135-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "007135-2024",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2024-03-06T09:19:17Z",
  "ocid": "ocds-h6vhtk-0445e2",
  "buyer": {
    "id": "GB-FTS-53203",
    "name": "BANK OF ENGLAND"
  },
  "awards": [
    {
      "id": "007135-2024-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-03773253",
          "name": "Factiva Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-0445e2",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Online news aggregator service providing 30 licences for Factiva Professional, 11 licences for Factiva Executive and 200 licences for Factiva Copyright, to be used by Researchers, Analysts, Communication professionals and Information professionals within the Bank.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "News Aggregation",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Contract award to Factiva for licences for an online news aggregator service",
    "classification": {
      "id": "79980000",
      "scheme": "CPV",
      "description": "Subscription services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "Factiva are the only supplier that can provide all three of the required services. Factiva are owned by Dow Jones, who are owned by News Corp. Factiva therefore have exclusive rights to Dow Jones and News Corp publications such as the Times and Sunday Times. The Bank is required to access News Corp publications as part of the news aggregator service.\nRegulation 32(1)(b)(ii) allows a direct award on the basis that only Factiva can provide the service due to the protection of exclusive rights.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-53203",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "LONDON",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "http://www.bankofengland.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "BANK OF ENGLAND",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "corporate.contracts@bankofengland.co.uk"
      }
    },
    {
      "id": "GB-COH-03773253",
      "name": "Factiva Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "03773253",
        "scheme": "GB-COH",
        "legalName": "Factiva Limited"
      }
    },
    {
      "id": "GB-FTS-307",
      "name": "High Court, Royal Courts of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom",
        "streetAddress": "The Strand"
      },
      "identifier": {
        "legalName": "High Court, Royal Courts of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "007135-2024-1",
      "value": {
        "amount": 208765.83,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "007135-2024-1",
      "dateSigned": "2023-08-09T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
6 Mar 2024 · 007135-2024 · award, contract
{
  "id": "007135-2024",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2024-03-06T09:19:17Z",
  "ocid": "ocds-h6vhtk-0445e2",
  "buyer": {
    "id": "GB-FTS-53203",
    "name": "BANK OF ENGLAND"
  },
  "awards": [
    {
      "id": "007135-2024-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-03773253",
          "name": "Factiva Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-0445e2",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Online news aggregator service providing 30 licences for Factiva Professional, 11 licences for Factiva Executive and 200 licences for Factiva Copyright, to be used by Researchers, Analysts, Communication professionals and Information professionals within the Bank.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "News Aggregation",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Contract award to Factiva for licences for an online news aggregator service",
    "classification": {
      "id": "79980000",
      "scheme": "CPV",
      "description": "Subscription services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "Factiva are the only supplier that can provide all three of the required services. Factiva are owned by Dow Jones, who are owned by News Corp. Factiva therefore have exclusive rights to Dow Jones and News Corp publications such as the Times and Sunday Times. The Bank is required to access News Corp publications as part of the news aggregator service.\nRegulation 32(1)(b)(ii) allows a direct award on the basis that only Factiva can provide the service due to the protection of exclusive rights.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-53203",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "LONDON",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "http://www.bankofengland.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "BANK OF ENGLAND",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "corporate.contracts@bankofengland.co.uk"
      }
    },
    {
      "id": "GB-COH-03773253",
      "name": "Factiva Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "03773253",
        "scheme": "GB-COH",
        "legalName": "Factiva Limited"
      }
    },
    {
      "id": "GB-FTS-307",
      "name": "High Court, Royal Courts of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom",
        "streetAddress": "The Strand"
      },
      "identifier": {
        "legalName": "High Court, Royal Courts of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "007135-2024-1",
      "value": {
        "amount": 208765.83,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "007135-2024-1",
      "dateSigned": "2023-08-09T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}