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PROCUREMENT OPPORTUNITY

Provision of Bloomberg proprietary ICT hardware and software services.

The City of Edinburgh Council · compiled

Tender information last checkedLast checked 30 Sept 2026, 06:43.

Opportunity overview

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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Bloomberg LP

No match
Contract value
US$1.2m
Awarded
Not supplied
Contract signed
28 Jul 2025
Award ID
043988-2025-CT1688-1
Status
active
Location
London, UK, EC2A 1PQ, United Kingdom

Bloomberg LP

No match
Contract value
US$1.3m
Awarded
Not supplied
Contract signed
1 Sept 2025
Award ID
054587-2025-CT1688-1
Status
active
Location
London, UK, EC2A 1PQ, United Kingdom

Classification

  • CPV72222300 — Information technology services

Lots

  • 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.Value not stated

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
CT1688
Status
complete
Review Details
An economic operator that suffers or risks suffering loss or damage attributable to a breach of duty under Public Contracts (Scotland) Regulations 2015 may bring proceedings in the Sheriff Court or Court of Session. In general, a claim for an ineffectiveness order must be made within 10 days of the date on which the VEAT Notice is published in the Find a Tender Service.
Procurement Method
limited
Main Procurement Category
services
Procurement Method Details
Award procedure without prior publication of a call for competition
Why this procedure was chosen
LPF require access to real time financial market data. LPF could not monitor financial markets effectively and invest on behalf of members whilst mitigating risk. The data, insight and consolidated reporting that Bloomberg can provide is key for LPF to be able to deliver on its pension fund objective. Bloomberg licences are critical to enhance investment and trading activity. There is no viable alternative product.

Covered By

GPA

Legal basis

Id
32014L0024
Scheme
CELEX

Classification

Id
72222300
Scheme
CPV
Description
Information technology services

Procedure reasons

Entry 1
Id
D_OUTSIDE_SCOPE
Scheme
TED_PT_AWARD_CONTRACT_WITHOUT_CALL
Description
The procurement falls outside the scope of application of the directive

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
Yes
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.

Options

Description
2 years with option for an additional 2 years taken in 12 month or more periods.

Award criteria

Criteria

Criterion 1
Name
Quality
Type
quality
Description
100
Criterion 2
Type
price
Description
0

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UKM75
Entry 2
Region
UKM75

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-346
Name
The City of Edinburgh Council

Roles

buyer

Address

Region
UKM75
Locality
Edinburgh
Postal Code
EH8 8BG
Country Name
United Kingdom
Street Address
Waverley Court, 4 East Market Street

Details

Classifications

Entry 1
Id
REGIONAL_AUTHORITY
Scheme
TED_CA_TYPE
Description
Regional or local authority
Entry 2
Id
01
Scheme
COFOG
Description
General public services

Identifier

Legal Name
The City of Edinburgh Council

Contact

Name
Neil Fraser
Organisation 2
Id
GB-FTS-119213
Name
Bloomberg LP

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
EC2A 1PQ
Country Name
United Kingdom
Street Address
39-45 Finsbury Square, City Gate House

Details

Scale
large

Identifier

Legal Name
Bloomberg LP
Organisation 3
Id
GB-FTS-19221
Name
Sheriff Court

Roles

reviewBody

Address

Locality
Edinburgh
Postal Code
EH1 1LB
Country Name
United Kingdom
Street Address
27 Chambers Street

Identifier

Legal Name
Sheriff Court

Award information

Award 1
Id
043988-2025-CT1688-1
Status
active

Suppliers

Supplier 1
Id
GB-FTS-119213
Name
Bloomberg LP

Related lots

1
Award 2
Id
054587-2025-CT1688-1
Status
active

Suppliers

Supplier 1
Id
GB-FTS-119213
Name
Bloomberg LP

Related lots

1

Contracts and changes

Entry 1
Id
043988-2025-CT1688-1
Status
active
Award ID
043988-2025-CT1688-1
Date Signed
29 Jul 2025, 00:00

Value

Amount
1,200,000
Currency
USD
Entry 2
Id
054587-2025-CT1688-1
Status
active
Award ID
054587-2025-CT1688-1
Date Signed
2 Sept 2025, 00:00

Value

Amount
1,251,520
Currency
USD

Recorded locations

  • Buyer location · Edinburgh · UKM75 · EH8 8BG · United Kingdom
  • Delivery location · UKM75

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-056861-2025-09-08T11:45:38+01:00compiled ·