PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal

Official notice

Authority: University of Glasgow (Education)

GoodsAward procedure without prior publication of a call for competitionSME suitable

Sectors: Software Packages & ERP (48) Delivery: Scotland (UKM82)

Awarded value£255,327published contract · exc. VAT

Awarded 28 Jun 2024no call for competition

Awarded to Bloomberg LP

What is being bought

Published requirement description

PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal.

Internal Procurement Policy Exception (PPE) Form completed.

CPV: Financial analysis software package

The lotProcurement structure

single lot · no lot value published

Lot #1PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg TerminalAwarded

PPE1001875 Direct Award for the Provision of Annual Subscription to Bloomberg Terminal.

This is a unique service only provided by Bloomberg. All major financial organisations, news organisations and Universities have subscriptions to Bloomberg terminals. There is no alternative provider for this service.

Delivery: Scotland

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: 23 Jul 2024, 08:37 BST
Last source update: 23 Jul 2024, 08:37 BST
Authority reference: PPE1001875
FTS notice number: 2024/S 000-022771
Classification (CPV): Financial analysis software package
Delivery area: Scotland (UKM82)
Official registry OCID: ocds-h6vhtk-04838d Find a Tender

Why no open competition: The products involved are manufactured purely for the purpose of research, experiment, study or development under the conditions stated in the directive
Published justification: Regulations 2015-15-Research and Development Services

Publisher note: (SC Ref:772195)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £255,3271 contract exc. VAT

Bids received 11 from SMEs

Contracts signed 1latest 28 Jun 2024

Awarded to	Value	Date	Status
Bloomberg LP	£255,327 †	—	Awarded

Contracts

Contract 022771-2024-PPE1001875-1 · Bloomberg LP
Signed
28 Jun 2024
Value
£255,327
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids · 1 electronic · 1 from abroad	1	—	—

Contracting authority & participating public bodies

University of Glasgow

Contracting authorityEducationBody governed by public lawEducation Procurement Office, Tay House, Glasgow, Scotland, G12 8QQContact name, email, phone

Dispute resolution & review bodies

Glasgow Sheriff Court & Justice of the Peace CourtReview body Glasgow

Bidders & participating suppliers

1 commercial party on the notice

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

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.