National Audit Office: Market Data Software Subscription

  National Audit Office has published this notice through Delta eSourcing

Notice Summary
Title: Market Data Software Subscription
Notice type: Contract Award Notice
Authority: National Audit Office
Nature of contract: Services
Procedure: Open
Short Description: The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.
Published: 14/06/2022 11:12

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UK-London: Business services: law, marketing, consulting, recruitment, printing and security.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       National Audit Office
       157-197 Buckingham Palace Road, Victoria, London, SW1W 9SP, United Kingdom
       Tel. +44 2077987000, Email: nao.procurement@nao.org.uk
       Contact: Central Procurement Team
       Main Address: http://www.nao.org.uk/, Address of the buyer profile: http://www.nao.org.uk/
       NUTS Code: UK

   I.2) Joint procurement:
      The contract involves joint procurement: No          
      In the case of joint procurement involving different countries, state applicable national procurement law: Not Provided
      The contract is awarded by a central purchasing body: Yes

   I.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Other activity: National Audit Office

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: Market Data Software Subscription            
      Reference number: GEN_21_50

      II.1.2) Main CPV code:
         79000000 - Business services: law, marketing, consulting, recruitment, printing and security.


      II.1.3) Type of contract: SERVICES

      II.1.4) Short description: The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

      II.1.6) Information about lots
         This contract is divided into lots: No
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 591,600
                  
         Currency:GBP            

   II.2) Description

      II.2.2) Additional CPV code(s):
      Not Provided

      II.2.3) Place of performance
      Nuts code:
      UK - UNITED KINGDOM
   
      Main site or place of performance:
      UNITED KINGDOM
             

      II.2.4) Description of the procurement: The NAO has a business need to access reliable market and financial information to inform its financial audit and value for money audit work. We require a product that provides quick and efficient access to asset and liability prices as well as economic and market data.

Please refer to ITT for more detail.

      II.2.5) Award criteria:
      Quality criterion - Name: Quality Questionnaire / Weighting: 70
                  
      Cost criterion - Name: Price / Weighting: 30
            

      II.2.11) Information about options
         Options: No
         

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: Not Provided


Section IV: Procedure

IV.1) Description

   IV.1.1)Type of procedure: Open


   IV.1.3) Information about a framework agreement or a dynamic purchasing system
      The procurement involves the establishment of a framework agreement: No       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   IV.1.8) Information about the 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 OJEU: 2021/S 000-030243
      
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: Not Provided    
   Lot Number: Not Provided    
   Title: Not Provided

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 30/03/2022

      V.2.2) Information about tenders
         Number of tenders received: 2
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: 2

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             Refinitiv Ltd, 00145516
             Five Canada Square, Canary Wharf, London, E14 5AQ, United Kingdom
             NUTS Code: UK
            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: Not Provided          
         Total value of the contract/lot: 591,600
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
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   VI.4) Procedures for review

      VI.4.1) Review body
          National Audit Office
          157-197 Buckingham Palace Road, London, SW1W 9SP, United Kingdom
          Tel. +44 2077987000, Email: nao.procurement@nao.org.uk
          Internet address: http://www.nao.org.uk

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: Not Provided

      VI.4.4) Service from which information about the review procedure may be obtained
         Not Provided

   VI.5) Date of dispatch of this notice: 14/06/2022




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