Scope
Reference
CS-26-074
Description
Provision of datasets to aid the live production of UK economic statistics, particularly monthly and quarterly Price and GDP Core Outputs.
Contract 1
Supplier
Contract value
- £250,000 excluding VAT
- £300,000 including VAT
Above the relevant threshold
Date signed
18 November 2025
Contract dates
- 18 November 2025 to 14 November 2030
- 4 years, 11 months, 27 days
Main procurement category
Services
Options
The right to additional purchases while the contract is valid.
Additional datasets provided through the terminal when required
CPV classifications
- 72000000 - IT services: consulting, software development, Internet and support
Contract locations
- UK - United Kingdom
Justification for not setting key performance indicators
Below £5 million
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
This has been awarded as a direct award because there is not substitute/competing
products for Bloomberg. The Bloomberg dataset is integral to the live production of UK
economic statistics, particularly monthly and quarterly Price and GDP Core Outputs. No
existing datasets within ONS or externally meet the required granularity, timeliness, and
methodological standards. Reuse of existing data is not viable, and failure to acquire this
dataset would compromise the accuracy, quality and reliability of core outputs.
Page 4 to 5
Direct award conditions and permissible justifications are set out under Chapter 3 and
Schedule 5 of the Procurement Act. There is justification for a direct award on the grounds
set out under paragraph 5 of Schedule 5 where the following conditions are met in relation
to the public contract-
(a)due to a particular supplier having intellectual property rights or other exclusive rights,
only that supplier can supply the goods, services or works required, and
(b)there are no reasonable alternatives to those goods, services or works.
Supplier
BLOOMBERG FINANCE L.P.
- Public Procurement Organisation Number: PHRT-2555-DXMY
731 Lexington Avenue
New York
10022
United States
Email: mellings@bloomberg.net
Website: https://www.bloomberg.com/uk
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
Contracting authority
Office for National Statistics
- Public Procurement Organisation Number: PMZG-4913-JQXG
Government Buildings, Cardiff Road
Newport
NP10 8XG
United Kingdom
Email: CommercialTeam@ons.gov.uk
Region: UKL21 - Monmouthshire and Newport
Organisation type: Public authority - central government