Official UK procurement notice
FBL Bloomberg Subscription (November 2021 - October 2023)
Authority: Coventry University (Education)
What is being bought
Published requirement descriptionBloomberg Software Subscription (November 2021 - October 2023)
CPV: Software package and information systems
The lotProcurement structure
single lot · no lot value publishedLot #1Bloomberg Software Subscription from November 2021 - October 2023 for Faculty of…
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.
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
- Goods
- 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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 15 Dec 2021, 09:28 GMT
- Last source update
- 15 Dec 2021, 09:28 GMT
- FTS notice number
2021/S 000-031182- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-030145Find a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
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.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastContracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- BloombergAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.