Contract award · 20 Sep 2025

Credit Default Swaps (CDS) Pricing Service

Bank of England awarded “Credit Default Swaps (CDS) Pricing Service” to S&P Global UK Limited for £50,864 on 20 Sep 2025. Awarded without open competition.

No competitionIT servicesLondon

BuyerBank of England
Value £50,864

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.

What “without competition” means

Key facts

Buyer
Bank of England · Body governed by public law
Value
£50,864.21
Procedure
Single tender action (below threshold)
Sector
IT services · Database services (CPV 72320000)
Region
London
Timeline
  1. Contract date20 Sep 2025
  2. Published4 Nov 2025Published 45 days after the contract date

Description

Provision S&P CDS (Credit Default Swaps) Pricing Service

About the supplier

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