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Official procurement procedure

Provision of Bloomberg proprietary ICT hardware and software services.

Information technology services
Scotland (UKM75)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: The City of Edinburgh Council: "Provision of Bloomberg proprietary ICT hardware and software services.". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityThe City of Edinburgh CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: The City of Edinburgh Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for The City of Edinburgh Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
3.9Bids / Report
31.5% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 280 active published awards; 276 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. Published-to-award variance 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 Unpublished data stays unknown.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.
Procedure terms
Contracting AuthorityThe City of Edinburgh Council
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
Published8 Sept 2025, 11:45 BST
Last source update8 Sept 2025, 11:45 BST
Recurring procurementNot published
ClassificationInformation technology services
Delivery area
Scotland (UKM75)
OCIDocds-h6vhtk-056861
What is being bought
The provision of specialised terminals used to access a computer software system that enables professionals in the financial service sector and other industries to access real-time financial market data, business and investment markets news, analysis services and place trades on an electronic trading platform.
What changed
From the official release history
  1. Official notice release published
    8 Sept 2025, 11:45 BST
  2. Status changed to complete
    29 Jul 2025, 16:22 BST
  3. Official notice release published
    29 Jul 2025, 16:22 BST
  4. Buyer information updated
    29 Jul 2025, 16:22 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The provision of specialised terminals used to access a computer software system that enables professionals in the financial service sector and other industries to access real-time financial market data, business and investment markets news, analysis services and place trades on an electronic trading platform. This service is required to support the pension fund activity. The data and insight that Bloomberg provides is key for the pension fund's internal investment management. Provision of portfolio management capabilities including Performance & Risk Analytics and enterprise Reporting & Data Access.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    8 Sept 2025, 11:45 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 2 Sept 2025, 00:00 BST · US$1,251,520
Commercial outcome and competition
Awards
Bloomberg LP
Not published · Not published · active
Contracts
Contract
US$1,251,520 · signed 2 Sept 2025, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 1 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

The City of Edinburgh Council

Contracting authority GB-FTS-346
View buyer profile

  • The City of Edinburgh Council
    buyer

    Waverley Court, 4 East Market Street, Edinburgh, UKM75, EH8 8BG
    neil.fraser@edinburgh.gov.uk

  • Bloomberg LP
    supplier

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

  • Sheriff Court
    reviewBody

    27 Chambers Street, Edinburgh, EH1 1LB
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleLPF require access to real time financial market data. LPF could not monitor financial markets effectively and invest on behalf of members whilst mitigating risk. The data, insight and consolidated reporting that Bloomberg can provide is key for LPF to be able to deliver on its pension fund objective. Bloomberg licences are critical to enhance investment and trading activity. There is no viable alternative product.