Bloomberg Licences · UK public procurement notice

Official notice

Authority: University of Ulster (Education)

ServicesAward procedure without prior publication of a call for competition

Sectors: IT Services & Software (72) Delivery: Northern Ireland (UKN)

Budget not disclosedValue not published

Awarded 1 Dec 2022no call for competition

Awarded to Bloomberg Finance LP, Bloomberg2 awards

What is being bought

Published requirement description

Supply of Bloomberg Terminal and Anywhere Licences

CPV: Data services

The lotProcurement structure

single lot · no lot value published

Lot #1Supply of Bloomberg Terminal and Anywhere LicencesAwarded

supply of Bloomberg Terminal and Anywhere Licences. Additional information: The value stated in Section II.1.7 is for the two year period

Delivery: Northern Ireland

Extensions: It is anticipated the contract will be for two years

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 18 Nov 2022, 12:42 GMT
Last source update: 5 Dec 2022, 10:34 GMT
Authority reference: 27206
FTS notice number: 2022/S 000-034304
Classification (CPV): Data services
Delivery area: Northern Ireland (UKN)
Official registry OCID: ocds-h6vhtk-038678 Find a Tender

Why no open competition: The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons
Published justification: 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.

Review and risk notes

Review procedure: 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.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 2

Bids received 1

Contracts signed 2latest 1 Dec 2022

Awarded to	Value	Date	Status
Bloomberg Finance LPSubcontracting: declared	USN 242,400 †	—	Awarded
Bloomberg	USN 242,400 †	—	Awarded

Contracts

Bloomberg Licences · Bloomberg
Signed
1 Dec 2022
Value
USN 242,400
Status
active
Contract 032776-2022-1 · Bloomberg Finance LP
Signed
20 Oct 2022
Value
USN 242,400
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

University of Ulster

Contracting authorityEducationBody governed by public lawEducation NIC100166 Block X Room X031, Cromore Road, Coleraine, Northern Ireland, BT52 1SAContact name, email, phone

Dispute resolution & review bodies

High Court Justice in Northern IrelandReview body Belfast
High Court of Justice in Northern IrelandReview body Belfast

Bidders & participating suppliers

2 commercial parties on the notice

Bloomberg Finance LPAwarded supplier 731 Lexington Avenue, New York, US, NY 10022
Bloomberg LLPAwarded supplier new York, US

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.