Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- The City of Edinburgh Council · Regional or local authority
- Supplier
- Bloomberg LP
- Value
- Not published
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- IT services · Information technology services (CPV 72222300)
- Region
- Scotland
- Official notice
- 054587-2025 on Find a Tender
- Timeline
-
- Contract date2 Sep 2025
- Published8 Sep 2025Published 6 days after the contract date
Description
The provision of specialised terminals used to access a computer software system that enables professionals in the financial service sector and other industries to access real-time financial market data, business and investment markets news, analysis services and place trades on an electronic trading platform. This service is required to support the pension fund activity. The data and insight that Bloomberg provides is key for the pension fund's internal investment management. Provision of portfolio management capabilities including Performance & Risk Analytics and enterprise Reporting & Data Access.
About the supplier
Bloomberg LP: every public contract they have won, plus their Companies House record (company OE018811).