TenderlineUK
Procurement Intelligence
Search
Find a TenderAwarded without competitionContract details notice
Published 22 May 2025, 19:31 BST

Official UK procurement notice

Renewal of Bloomberg Terminals

Official notice

Authority: BANK OF ENGLAND

ServicesDirect awardBelow threshold
Sectors: IT Services & Software (72) Delivery: UKLondon (UKI4)
Contract value (direct award)£13,000,000≈ £3.3m / year · £15,600,000 inc. VAT
Awarded 15 Jan 2026no call for competition
Awarded to BLOOMBERG FINANCE L.P.
Contract term 4 yrsends 27 Mar 2030 · starts 28 Mar 2026

What is being bought

Published requirement description

The Account licenses enable access to Bloomberg terminals that provide real-time access to comprehensive financial data, analytics, trading tools & news.

This is a renewal of these services.

Service Contract

Start - 01/03/2026

End - 28/02/2028

Location is UK

CPV: IT services: consulting, software development, Internet and support

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded 4 yrs
Contract period: 28 Mar 2026 – 27 Mar 2030 (4 yrs)
Delivery: London
72000000 IT services: consulting, software development, Internet and support

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded without competition
Procurement threshold
Below threshold
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
22 May 2025, 19:31 BST
Last source update
31 Mar 2026, 18:07 BST
Authority reference
CD-1519
FTS notice number
2026/S 000-030045
Latest notice
Contract details notice (UK7)
Classification (CPV)
IT services: consulting, software development, Internet and support
Delivery area
UKLondon (UKI4)
Official registry OCID
ocds-h6vhtk-051f8d Find a Tender
Why no open competition
Single Suppliers Intellectual Property Exclusive Rights
Published justification

Under Schedule 5, Paragraph 5, Bloomberg are the only suppliers of this data.

How it was run

Official notice
Submission deadline
—

Timeline

22 May 2025 → 31 Mar 2026 · 5 dates
  1. Planning notice published
    22 May 2025, 19:31 BST
  2. Next notice expected297 days ago
    1 Jan 2026, 23:59 GMT
  3. Standstill ends265 days ago
    2 Feb 2026, 23:59 GMT
  4. Contract starts212 days ago
    28 Mar 2026
  5. Latest notice published209 days ago
    31 Mar 2026, 18:07 BST

Notice history

8 events · 5 releases on Find a Tender · since 22 May 2025
  1. Pipeline notice published
    22 May 2025, 19:31 BST
    UK1
  2. Pipeline notice published
    22 May 2025, 19:38 BST
    UK1
  3. Transparency notice published
    15 Jan 2026, 10:41 GMT
    UK5
  4. Status changed to complete
    15 Jan 2026, 10:41 GMT
  5. Procurement method changed
    15 Jan 2026, 10:41 GMT
  6. Contract award notice published
    22 Jan 2026, 06:42 GMT
    UK6
  7. Contract signature expected
    27 Feb 2026, 23:59 GMT
    scheduled
  8. Contract details notice published
    31 Mar 2026, 18:07 BST
    UK7
Published amendments (1)

No Change - Admin Error

Routine re-releases (5)
  • 2025-05: 2 releases · 22 May 2025, 22 May 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £4,667,9441 award exc. VAT
Contracts signed 1latest 25 Feb 2026
Awarded toValueDateStatus
BLOOMBERG FINANCE L.P.1 Mar 2026 – 28 Feb 2028£4,667,94415 Jan 2026Awarded

Contracts

  • Contract 1 · BLOOMBERG FINANCE L.P.

    Signed
    25 Feb 2026
    Value
    £4,667,944
    Period
    1 Mar 2026 – 28 Feb 2028
    Status
    active

    No agreed KPIs: Under PA23, Section 52(2) - There are no suitable indicators within the contract that can be measured against.

Contracting authority & participating public bodies

BANK OF ENGLAND

Contracting authorityPublic authority - central government GB-COH: RC000042 · GB-PPON: PRDB-1113-HPPT Threadneedle Street, London, London, EC2R 8AHContact email

Bidders & participating suppliers

1 commercial party on the notice
  • BLOOMBERG FINANCE L.P.Awarded supplierGB-PPON: PHRT-2555-DXMY 731 Lexington Avenue, New York, US, 10022, USContact email

Official documents & specifications (5)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender
  • Pipeline notice planningPipeline noticeUK1Pipeline notice on Find a Tender
  • Pipeline notice planningPipeline noticeUK1Pipeline notice on Find a Tender