Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
02486368
8Th Floor,125 London Wall
London
EC2Y5AS
UK
Contact person: Head of Procurement
Telephone: +44 2074922300
E-mail: procurement@frc.org.uk
NUTS: UKI
Internet address(es)
Main address: https://www.frc.org.uk/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Financial Markets data platform
Reference number: FRC2023-0187
II.1.2) Main CPV code
72000000
II.1.3) Type of contract
Services
II.1.4) Short description
The FRC requires, a source of financial market data. Our requirement is therefore subscription services with a database provider (with the breadth and depth of the data we require) that can provide the following content within the following data categories including but not limited to):
o Financial statements and accounting standards data
o Asset data
o Debt data
o Audit data
o Ownership data
o Operation and profit 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:
717 745.67
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
Source of Financial Markets data.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
Up to five (5) years duration in total.
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:
2024/S 000-002964
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
30/04/2024
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Refinitiv Limited (a wholly-owned subsidiary of the London Stock Exchange Group, LSEG)
00145516
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 717 745.67
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
The Financial Reporting Council
London
UK
VI.5) Date of dispatch of this notice
01/05/2024