Award

Comms - DESNZ/DSIT - Supply of Joint Financial Times Licence

  • Department for Energy Security & Net Zero

UK5: Transparency notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-040388

Procurement identifier (OCID): ocds-h6vhtk-056003 (view related notices)

Published 16 July 2025, 9:41am



Scope

Description

Contract for the renewal of Financial Times Licence Subscription for DESNZ and DSIT. The departments will be going forward with a joint enterprise licence.


Contract 1

Supplier

Contract value

  • £210,291 excluding VAT
  • £252,349.20 including VAT

Above the relevant threshold

Earliest date the contract will be signed

26 July 2025

Contract dates (estimated)

  • 26 July 2025 to 25 July 2026
  • 1 year

Main procurement category

Services

CPV classifications

  • 79980000 - Subscription services

Other information

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Direct award

Direct award justification

Single supplier - intellectual property or exclusive rights

There are no alternative suppliers able to offer access to Financial Times content as they own the intellectual property rights to their content. This means we have to contract directly with them.


Supplier

Financial Times

  • Companies House: 00227590

Bracken House, 1 Friday Street

London

EC4M 9BT

United Kingdom

Region: UKI31 - Camden and City of London

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Contract 1


Contracting authority

Department for Energy Security & Net Zero

  • Public Procurement Organisation Number: PDHQ-2163-WYMH

55 Whitehall

London

SW1A 2HP

United Kingdom

Region: UKI32 - Westminster

Organisation type: Public authority - central government