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
- University of the West of Scotland · Body governed by public law
- Supplier
- Bloomberg LP
- Value
- £196,000
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- Software & information systems · Industry specific software package (CPV 48100000)
- Region
- London
- Official notice
- 098662-2026 on Find a Tender
- Timeline
-
- Contract date16 Oct 2026
- Published19 Oct 2026Published 3 days after the contract date
Description
University of the West of Scotland is seeking to award a contract for the purchase of a financial markets data analysis, market intelligence and trading solution – hardware and software without a tender process due to the belief that there is only one supplier who can meet our requirements as follows: 1. This is to support a two-year pilot project to support employer-informed post-graduate and undergraduate teaching, learning and research 2. Industry-leading global financial market intelligence data provision and analytics 3. Real-time and historical data across all asset classes alongside powerful analytic tools and market intelligence 4. Simulated trading and markets environments 5. Access to global networking and competition challenges that go beyond the classroom and into industry 6. Provision of a one-stop shop solution across two campuses
About the supplier
Bloomberg LP: every public contract they have won, plus their Companies House record (company OE018811).