Section one: Contracting authority/entity
one.1) Name and addresses
University of Ulster
Block X Room X031, Cromore Road
Coleraine
BT52 1SA
Contact
Vivienne Bonner
Telephone
+44 2870124227
Country
United Kingdom
Region code
UKN - Northern Ireland
National registration number
NIC100166
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
Bloomberg Licences
Reference number
27206
two.1.2) Main CPV code
- 48812000 - Financial information systems
two.1.3) Type of contract
Supplies
two.1.4) Short description
Supply of Bloomberg Terminal and Anywhere Licences
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: 242,400 USD
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKN - Northern Ireland
two.2.4) Description of the procurement
Supply of Bllomberg Terminal and Anywhere Licences
two.2.11) Information about options
Options: Yes
Description of options
It is anticipated the contract will be for two years
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2.14) Additional information
The estimated total value stated above in Section 11.1.7 includes the two years
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Negotiated without a prior call for competition
- The products involved are manufactured purely for the purpose of research, experiment, study or development
- The works, supplies or services can be provided only by a particular economic operator for the following reason:
- protection of exclusive rights, including intellectual property rights
Explanation:
Bloomberg Finance L.P. is a sole supplier of Bloomberg Professional Software. This is the main financial trading software used globally and is the most commonly used within HE on related programmes.
All of our Finance programmes include integrated learning and assessment strategies linked to Bloomberg software, whilst we also provide the Bloomberg Market Concept certification within academic and professional programmes (this is only available with use of the software). The software is also essential in terms of the programme developmental process that we are engaging in currently in terms of FinTech.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
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
20 October 2022
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 Finance LP
731 Lexington Avenue
New York
NY 10022
Country
United States
NUTS code
- US - United States
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: 242,400 USN
five.2.5) Information about subcontracting
The contract/lot/concession is likely to be subcontracted
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
High Court Justice in Northern Ireland
Royal Courts Justice , Chicester Street
Belfast
BT1 3JY
Country
United Kingdom
six.4.3) Review procedure
Precise information on deadline(s) for review procedures
Any proceedings alleging that the University is in breach of its duties under the Public Contract Regulations 2015 must be started in the High Court of Northern Ireland, in accordance with the time limits set out in those Regulations. The University will not enter into the contract before the end of a period of at least 10 days beginning with the day after the date on which this voluntary transparency notice is published in the Official Journal.