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Contract Award Notice

Market Data Software Subscription

  • First published: 15 June 2022
  • Last modified: 15 June 2022

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-02fd9a
Published by:
National Audit Office
Authority ID:
AA21336
Publication date:
15 June 2022
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

Please refer to ITT for more detail.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

National Audit Office

157-197 Buckingham Palace Road, Victoria

London

SW1W 9SP

UK

Contact person: Central Procurement Team

Telephone: +44 2077987000

E-mail: nao.procurement@nao.org.uk

NUTS: UK

Internet address(es)

Main address: http://www.nao.org.uk/

Address of the buyer profile: http://www.nao.org.uk/

I.2) Joint procurement

The contract is awarded by a central purchasing body

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Other: National Audit Office

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Market Data Software Subscription

Reference number: GEN_21_50

II.1.2) Main CPV code

79000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 591 600.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

Please refer to ITT for more detail.

II.2.5) Award criteria

Quality criterion: Quality Questionnaire / Weighting: 70

Cost criterion: Price / Weighting: 30

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2021/S 000-030243

Section V: Award of contract

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

30/03/2022

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Refinitiv Ltd

00145516

Five Canada Square, Canary Wharf

London

E14 5AQ

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 591 600.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

To view this notice, please click here:

https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=697648197

GO Reference: GO-2022614-PRO-20310704

VI.4) Procedures for review

VI.4.1) Review body

National Audit Office

157-197 Buckingham Palace Road

London

SW1W 9SP

UK

Telephone: +44 2077987000

E-mail: nao.procurement@nao.org.uk

Internet address(es)

URL: http://www.nao.org.uk

VI.5) Date of dispatch of this notice

14/06/2022

Coding

Commodity categories

ID Title Parent category
79000000 Business services: law, marketing, consulting, recruitment, printing and security Other Services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
nao.procurement@nao.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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