Official UK procurement notice
News Aggregation · UK public procurement notice
Authority: BANK OF ENGLAND
What is being bought
Published requirement descriptionContract award to Factiva for licences for an online news aggregator service
CPV: Subscription services
The lotProcurement structure
single lot · no lot value publishedLot #1Online news aggregator service providing 30 licences for Factiva Professional, 11…Awarded
Online news aggregator service providing 30 licences for Factiva Professional, 11 licences for Factiva Executive and 200 licences for Factiva Copyright, to be used by Researchers, Analysts, Communication professionals and Information professionals within the Bank.
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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 6 Mar 2024, 09:19 GMT
- Last source update
- 6 Mar 2024, 09:19 GMT
- FTS notice number
2024/S 000-007135- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0445e2Find a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
Factiva are the only supplier that can provide all three of the required services. Factiva are owned by Dow Jones, who are owned by News Corp. Factiva therefore have exclusive rights to Dow Jones and News Corp publications such as the Times and Sunday Times. The Bank is required to access News Corp publications as part of the news aggregator service.
Regulation 32(1)(b)(ii) allows a direct award on the basis that only Factiva can provide the service due to the protection of exclusive rights.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| FACTIVA LIMITED | £208,766 † | — | Awarded |
Contracts
Contract 007135-2024-1 · FACTIVA LIMITED
- Signed
- 9 Aug 2023
- Value
- £208,766
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court, Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- Factiva LimitedAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.