Official UK procurement notice
Market Data Services Dynamic Purchasing System
Authority: National Wealth Fund Limited (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThe National Wealth Fund (NWF) has been established to drive the nation's growth by creating a stable investment environment and to mobilise private capital to align with the UK Government's strategic priorities. As the successor to the UK lnfrastructure Bank (UKIB), the NWF has a broader remit, increased capital, and a greater capacity for risk. Having access to market data allows the NWF to make informed investment decisions and ultimately achieve its strategic objectives.<br/><br/>Accordingly, the National Wealth Fund as the authority intends to put in place a Dynamic Purchasing Agreement (DPS) for the provision of Market Data Services. This DPS may be utilised by the UK Public Sector Bodies specified in Section Vl.3 Additional lnformation below ("Buyers").
CPV: Business and management consultancy and related services · Data services · Environmental Impact Assessment (EIA) services other than for construction · IT services: consulting, software development, Internet and support · Market and economic research; polling and statistics · Research and development services and related consultancy services
How this dynamic market works
From the published notice- Type
- Dynamic market
- Market period
- 3 yrs 10 mo from 23 Apr 2025
The lotProcurement structure
single lot · no lot value publishedLot #1The Market Data Services DPS will be organised into distinct categories so:
The Market Data Services DPS will be organised into distinct categories so:<br/>- lnterested suppliers ("Applicants") can indicate all elements relevant to their service offerings;<br/>- Buyers can filter the elements to produce a shortlist of appointed suppliers to invite to a competition.<br/><br/>The five (5) distinct filter categories comprise of:<br/>- Data types;<br/>- Data delivery, standards and support;<br/>- Methods and sources,<br/>- Company types;<br/>- Region / Country.<br/><br/>The Data types filter category is further broken down into:<br/>- Financial Markets Data;<br/>- lndices and Benchmarks;<br/>- Macroeconomic Data;<br/>- Company and Fund Data;<br/>- Sector Market Data and lnsights;<br/>- Compliance and Regulatory Data;<br/>- Complex Market Data.<br/><br/>Full details of the five (5) distinct filter categories and the sub-categories can be found at Attachment 2 (Specification) and also in Attachment 5 (Service Filter Matrix) of the DPS Application Pack.<br/><br/>NWF reserves the right to add additional filter categories and/or sub-categories or filters within these during the validity period of the DPS providing such additions fall within the scope of Market Data Services and such data is in support of the primary activities of NWF. ln this event, existing suppliers will be notified and may apply for such additional filter categories and/or sub-categories or<br/>filters. ln addition, this Notice will be updated to reflect any additional filter categories.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Suitability
Suppliers will be assessed on their response to the selection criteria in their request to participate for a place on the Market Data Services DPS.
- “Market Data Services Dynamic Purchasing System” is a dynamic market: the contest is a place on its panel, not a single contract.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Dynamic market
- Who may use this agreement
- Any qualifying supplier may apply while the market is open
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 8 Feb 2024, 16:10 GMT
- Last source update
- 5 Feb 2025, 19:13 GMT
- Authority reference
C0893 - P0110- FTS notice number
2025/S 000-003887- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04387eFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The value provided in Section II.1.5) is only an estimate. The National Wealth Fund (NWF) cannot guarantee to suppliers any business through this DPS. This procurement offering does not guarantee any minimum spend and there will be no form of exclusivity or volume guarantee under this DPS. NWF expressly reserves the right:<br/><br/>(i) not to appoint any suppliers as a result of the procurement process commenced by publication of<br/>this notice; and<br/>(ii) to make whatever changes it may see fit to the content and structure of the DPS Application process; and in no circumstances will the NWF be liable for any costs incurred by interested suppliers.<br/><br/>There will be no requirement, as part of this procurement, for suppliers to sign up to any form of DPS Agreement. lnstead, and unless otherwise set out in the relevant invitation to tender, it is intended that Call-Off Contracts awarded under the DPS will be on the Supplier's standard terms and conditions for the relevant Services ("Supplier Terms"). Supplier Terms will be accepted providing they adhere to the Key Commercial Principles ("KCPs") set out in the DPS Application Pack. Applicants who apply to be admitted to the DPS by the initial deadline of 14 March 2025 will be given the opportunity to comment on the KCPs if they wish to do so. Please note therefore that those Applicants who apply to join the DPS after the initial deadline of 14 March 2025 will not have the opportunity to comment on the KCPs.<br/><br/>This Dynamic Purchasing System is for use by the following Contracting Authorities in the United Kingdom and any successor bodies ("Buyers"):<br/><br/>(a) the National Wealth Fund ("NWF");<br/>(b) UK Export Finance ("UKEF");<br/>(c) the British Business Bank ("BBB"); and<br/>(d) the Scottish National Investment Bank ("SNIB").<br/><br/>The start date provided in Section II.2.7 is only an estimate, is subject to change and thus the DPS may start earlier or later. Applicants will be kept informed.<br/><br/>Buyers may enter into a contract with a supplier under the DPS for a period of their determining which may exceed the validity period of this DPS. The flexibility of the contracting period allows Buyers to determine appropriate contracting timelines required to enable the supplier to meet their needs.<br/><br/>lnterested suppliers will be able to view the DPS Application Pack via the live opportunities list on NWF's e-procurement system, Atamis. Click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome<br/><br/>Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the DPS Application Pack (including on-line selection questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.<br/><br/>lf you are not already registered on the system, you will need to do so before gaining full access to the DPS Application Pack and being able to submit an application.
How it was run
Official noticeTender documents are also served through a separate tool: https://atamis-3929.my.site.com/s/Welcome ↗
- Admission period ends
- 14 Mar 2025, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Supplier levy on call-offs (max %)
- document
- Bid validity
- 180 days from the deadline
Timeline
3 May 2024 → 23 Apr 2025 · 4 dates- Next notice expected3 May 2024, 00:00 BST
- Notice published5 Feb 2025, 19:13 GMT
- Admission / appointment period endsperiod end, not a bid countdown14 Mar 2025, 12:00 GMT
- Contract starts23 Apr 2025, 00:00 BST
Notice history
5 events · 2 releases on Find a Tender · since 5 Feb 2025- Published value published: £19,000,0005 Feb 2025, 19:13 GMT
- Status changed to active5 Feb 2025, 19:13 GMT
- Procurement method changed5 Feb 2025, 19:13 GMT
- Deadline published: 14 Mar 2025, 12:00 GMT5 Feb 2025, 19:13 GMT
- Buyer details updated5 Feb 2025, 19:13 GMT
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- UK Infrastructure Bank LimitedContracting authorityBody governed by public lawEconomic affairs
Dispute resolution & review bodies
- The Royal Courts of JusticeReview body
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria
- Economic and financial selection criteria
- Technical selection criteria