Published date: 5 February 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 30 March 2022, 12am

Contract summary

Industry

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

United Kingdom

Value of contract

£591,600

Procurement reference

Market Data Software

Published date

5 February 2025

Closing date

30 March 2022

Closing time

12am

Contract start date

1 April 2022

Contract end date

31 March 2027

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The National Audit Office awarded a contract to Refinitiv Ltd who will be providing a product that provides quick and efficient access to asset and liability prices as well as economic and market data to inform NAO financial audit and value for money audit work.

The contract commenced on Friday 1st April 2022 running for an initial period of 2 years with 3, 12 months optional extensions. The contract value for this service will be £591,600 inclusive of VAT over the 5 years contract period.

As if January 2025, the contract has been extended for 12 months from Tuesday 1st April 2025 to Tuesday 31st March 2026.

Award information

Awarded date

30 March 2022

Contract start date

1 April 2022

Contract end date

31 March 2027

Total value of contract

£591,600

This contract was awarded to 1 supplier.

Refinitiv Ltd

Address

Refinitiv Ltd
Five Canada Square
Canary Wharf
London
E14 5AQ

Reference

Companies House number: 00145516

Value of contract

£591,600

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

ima orosei

Address

Room B253
LONDON
SW1W9SP
England

Telephone

44 20 7798 5343

Email

ima.orosei@nao.org.uk