Scope
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
Contract 1. Renewal of Bloomberg Terminals
Supplier
Contract value
- £4,667,944.47 excluding VAT
- £5,834,930.59 including VAT
Above the relevant threshold
Earliest date the contract will be signed
27 February 2026
Contract dates (estimated)
- 1 March 2026 to 28 February 2028
- 1 year, 11 months, 28 days
Main procurement category
Services
CPV classifications
- 72300000 - Data services
Contract locations
- UK - United Kingdom
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
Under Schedule 5, Paragraph 5, Bloomberg are the only suppliers of this data.
Supplier
BLOOMBERG FINANCE L.P.
- Public Procurement Organisation Number: PHRT-2555-DXMY
731 Lexington Avenue
New York
10022
United States
Email: jwallace142@bloomberg.net
Website: https://www.bloomberg.com/uk
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. Renewal of Bloomberg Terminals
Contracting authority
BANK OF ENGLAND
- Companies House: RC000042
- Public Procurement Organisation Number: PRDB-1113-HPPT
Threadneedle Street
London
EC2R 8AH
United Kingdom
Region: UKI31 - Camden and City of London
Organisation type: Public authority - central government