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Published 11 Apr 2025, 09:57 BST

Official UK procurement notice

Provision of Pitchbook Licences Master Agreement

Official notice

Authority: Department for Business & Trade (Central government)

Direct award
Sectors: IT Services & Software (72)Business Services & Consultancy (79) Delivery: Delivery location not published
Awarded value£281,374published contract · exc. VAT
Awarded 11 Apr 2025no call for competition
Awarded to Pitchbook Data Limited2 awards

What is being bought

Published requirement description

The Department for Business and Trade (DBT) has procured data license subscriptions from PitchBook and award the contract to them. This contract will ensure that our teams have access to comprehensive global market analysis, as well as detailed information on UK companies. This unique service is invaluable for our UK and overseas sector teams, as well as our central investment function teams.

PitchBook is a financial data and software company specialising in providing detailed information on private and public markets, including venture capital, private equity, and mergers and acquisitions.

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
72300000 Data services79300000 Market and economic research; polling and statistics

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
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
11 Apr 2025, 09:57 BST
Last source update
9 Apr 2026, 11:07 BST
Authority reference
4790
FTS notice number
2026/S 000-032243
Latest notice
Contract termination notice (UK11)
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-05010c Find a Tender
Why no open competition
Single Suppliers Technical Reasons
Published justification

The selected supplier is the only known provider offering a uniquely comprehensive and integrated dataset that spans both private and public markets globally. Their platform consolidates a wide range of structured and proprietary indicators relevant to market activity, company growth trajectories, and investment signals. This includes financial, operational, and strategic insights that are not available in combination from other sources. The solution also enables advanced relationship mapping and intelligence on key stakeholders, which is critical for our intended use case. No other known provider has been identified that can deliver this breadth and depth of data within a single platform.

How it was run

Official notice
Submission deadline
—

Timeline

27 May 2025 → 9 Apr 2026 · 2 dates
  1. Standstill ends
    27 May 2025, 23:59 BST
  2. Notice published202 days ago
    9 Apr 2026, 11:07 BST

Notice history

6 events · 5 releases on Find a Tender · since 11 Apr 2025
  1. Transparency notice published
    11 Apr 2025, 09:57 BST
    UK5
  2. Transparency notice published
    15 May 2025, 16:28 BST
    UK5
  3. Contract award notice published
    15 May 2025, 16:30 BST
    UK6
  4. Contract signature expected
    27 May 2025, 23:59 BST
    scheduled
  5. Contract details notice published
    4 Jul 2025, 15:57 BST
    UK7
  6. Contract termination notice published
    9 Apr 2026, 11:07 BST
    UK11
Routine re-releases (5)
  • 2025-05: 1 release · 15 May 2025
  • 2025-04: 1 release · 11 Apr 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £281,3741 contract exc. VAT · 1 repeated publication of the same award counted once
Contracts signed 1latest 24 Apr 2025
Awarded toValueDateStatus
Pitchbook Data Limited28 May 2025 – 1 Apr 2026Options: Additional licenses can be purchased at the same rates agreed upon in the contract, within the contract period, on a pro-rated basis£281,374same award published again · counted once11 Apr 2025standstill to 27 May 2025Standstill
Pitchbook Data Limited£281,374 †—Awarded

Contracts

  • Contract 2 · Pitchbook Data Limited

    Signed
    24 Apr 2025
    Value
    £281,374
    Period
    28 May 2025 – 1 Apr 2026
    Status
    terminated
    Final value
    £281,374
    Termination
    contractCompleted

    No agreed KPIs: N/A

Contracting authority & participating public bodies

Department for Business & Trade

Contracting authorityPublic authority - central government GB-PPON: PZZJ-6312-QTTD Old Admiralty Building, London, London, SW1A 2DYContact name, email

Bidders & participating suppliers

1 commercial party on the notice
  • PITCHBOOK DATA LIMITEDAwarded supplierGB-COH: 09071191 Saffron House 6-10 Kirby Street, First Floor, London, London, EC1N 8TSContact email

Official documents & specifications (5)

Official links; attachments are not copied

Notices published for this procedure

  • Contract termination notice contractContract termination noticeUK11Contract termination notice on Find a Tender
  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender