Section one: Contracting authority
one.1) Name and addresses
BANK OF ENGLAND
Threadneedle Street
LONDON
EC2R8AH
corporate.contracts@bankofengland.co.uk
Country
United Kingdom
Region code
UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
News Aggregation
two.1.2) Main CPV code
- 79980000 - Subscription services
two.1.3) Type of contract
Services
two.1.4) Short description
Contract award to Factiva for licences for an online news aggregator service
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £208,765.83
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Online news aggregator service providing 30 licences for Factiva Professional, 11 licences for Factiva Executive and 200 licences for Factiva Copyright, to be used by Researchers, Analysts, Communication professionals and Information professionals within the Bank.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
Factiva are the only supplier that can provide all three of the required services. Factiva are owned by Dow Jones, who are owned by News Corp. Factiva therefore have exclusive rights to Dow Jones and News Corp publications such as the Times and Sunday Times. The Bank is required to access News Corp publications as part of the news aggregator service.
Regulation 32(1)(b)(ii) allows a direct award on the basis that only Factiva can provide the service due to the protection of exclusive rights.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
9 August 2023
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Factiva Limited
London
Country
United Kingdom
NUTS code
- UK - United Kingdom
Companies House
03773253
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £208,765.83
Total value of the contract/lot: £208,765.83
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
High Court, Royal Courts of Justice
The Strand
London
WC2A 2LL
Country
United Kingdom