Section one: Contracting authority/entity
one.1) Name and addresses
Coventry University
PRIORY STREET
COVENTRY
CV15FB
Contact
Virlyn c Miller
Telephone
+44 7470600309
Country
United Kingdom
NUTS code
UKG33 - Coventry
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
FBL Bloomberg Subscription (November 2021 - October 2023)
two.1.2) Main CPV code
- 48000000 - Software package and information systems
two.1.3) Type of contract
Supplies
two.1.4) Short description
Bloomberg Software Subscription (November 2021 - October 2023)
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: £380,342.20
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKG3 - West Midlands
two.2.4) Description of the procurement
Bloomberg Software Subscription from November 2021 - October 2023 for Faculty of Business and Law. Bloomberg software offers the combination of data availability across many 'typical' areas within the financial market and a broad range of 'atypical' business areas like central banking, sustainability, shipping, marketing, supply chain etc., this provides for a unique offering compared to other providers who will typically have only financial market data which will be limited in the experience of the University. The Bloomberg terminals also provide analytics functions that allows for bespoke real time analysis; some very good quality visualisation tools, in this University experience, that make them the best, (currently available) for teaching. Bloomberg API's are also very useful in ensuring integration across other platforms.
Given the popularity of the Bloomberg terminals within the Finance, Investment, Banking and broader business sectors, our terminals are strategic in supporting student employability within the faculty.
There are no alternatives to Bloomberg. This subscription is an essential part of FBL's provision which must be maintained by Coventry University. The trading floor room is well utilised and will continue to be used for strategy classes for academic year 2021-2023.
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:
Bloomberg Software Subscription from November 2021 - October 2023 for Faculty of Business and Law. Bloomberg software offers the combination of data availability across many 'typical' areas within the financial market and a broad range of 'atypical' business areas like central banking, sustainability, shipping, marketing, supply chain etc., this provides for a unique offering compared to other providers who will typically have only financial market data which will be limited in the experience of the University. The Bloomberg terminals also provide analytics functions that allows for bespoke real time analysis; some very good quality visualisation tools, in this University experience, that make them the best, (currently available) for teaching. Bloomberg API's are also very useful in ensuring integration across other platforms.
Given the popularity of the Bloomberg terminals within the Finance, Investment, Banking and broader business sectors, our terminals are strategic in supporting student employability within the faculty.
There are no alternatives to Bloomberg. This subscription is an essential part of FBL's provision which must be maintained by Coventry University. The trading floor room is well utilised and will continue to be used for strategy classes for academic year 2021-2023.
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/concession
A contract/lot is awarded: Yes
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract
31 October 2021
five.2.2) Information about tenders
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor/concessionaire
Bloomberg
London
Country
United Kingdom
NUTS code
- UKI - London
The contractor/concessionaire is an SME
No
five.2.4) Information on value of contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession: £380,342.20
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Coventry University
Coventry
Country
United Kingdom