Official UK procurement notice
SBREC Business Dataset - Local Businesses
Authority: The Mayor and Commonalty and Citizens of the City of London (Local council)
What is being bought
Published requirement descriptionIBISWorld is one of SBREC’s essential resources. It provides highly credible, analyst-produced data vital for members looking to start, develop, or scale their businesses. Its reports include in-depth industry and sector analysis across global regions, with additional insights on sustainability trends, ESG ratings, and five-year forecasts. This level of reliable and accurate information is not available for free, and lack of access places businesses at a competitive disadvantage—particularly when preparing business plans or seeking funding, where use of credible, citable data is essential.
Given the breadth, depth, and exclusivity of IBISWorld’s content, the subscription cost represents strong value. Without this resource, SBREC’s service offering would be significantly reduced, limiting access to essential market intelligence for members. The absence of such data could undermine business planning, increase the risk of business failure, and negatively impact economic growth within the UK.
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Below threshold - without competition
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- 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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 28 Apr 2026, 16:48 BST
- Last source update
- 28 Apr 2026, 16:48 BST
- FTS notice number
2026/S 000-038817- Latest notice
- Contract details notice (UK7)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-068d42Find a Tender
Notice history
1 event · 1 release on Find a Tender- Contract details notice published28 Apr 2026, 16:48 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| IBISWorld Limited | £217,493 inc. VAT † | — | Awarded |
Contracts
Contract 1 · IBISWorld Limited
- Signed
- 20 Apr 2026
- Value
- £217,493 inc. VAT
- Period
- 1 May 2026 – 30 Apr 2029
- Status
- active
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- IBISWorld LimitedAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender