Section one: Contracting authority
one.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
8Th Floor,125 London Wall
London
EC2Y5AS
Contact
Head of Procurement
Telephone
+44 2074922300
Country
United Kingdom
Region code
UKI - London
Companies House
02486368
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
Financial Markets data platform
Reference number
FRC2023-0187
two.1.2) Main CPV code
- 72000000 - IT services: consulting, software development, Internet and support
two.1.3) Type of contract
Services
two.1.4) Short description
The FRC requires, a source of financial market data. Our requirement is therefore subscription services with a database provider (with the breadth and depth of the data we require) that can provide the following content within the following data categories including but not limited to):
o Financial statements and accounting standards data
o Asset data
o Debt data
o Audit data
o Ownership data
o Operation and profit data
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: £717,745.67
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Source of Financial Markets data.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
Up to five (5) years duration in total.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-002964
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
30 April 2024
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
Refinitiv Limited (a wholly-owned subsidiary of the London Stock Exchange Group, LSEG)
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
00145516
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: £717,745.67
Total value of the contract/lot: £717,745.67
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
The Financial Reporting Council
London
Country
United Kingdom