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PROCUREMENT OPPORTUNITY

26-34 Data Studio

University of Wolverhampton · Contract details notice on Find a Tender

Tender information last checkedLast checked 30 Sept 2026, 20:40.

Opportunity overview

The University of Wolverhampton's School of Business and Law requires a physical data studio to enhance academic and research capabilities. The solution will provide access to industry-standard financial tools and data essential for high-quality teaching, research, and compliance with professional accreditation standards (ACCA, CIMA, ICAEW). The end product will reflect the layout of a trading floor, where students will have licenced access to trading data and interact with markets risk-free.

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 FINANCE L.P.

No match
Published award value
£222.7k
Awarded
23 Jun 2026
Award ID
1
Status
active
Identifier
GB-PPON PHRT-2555-DXMY
Location
New York, US, 10022, United States

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

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
26-34
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award
Why this procedure was chosen
The University undertook a preliminary market assessment to identify suppliers capable of meeting its academic and operational requirements. This process included engagement with peer Higher Education Institutions to understand current market provision, supplier selection rationale, and user experience, alongside direct consideration of alternative suppliers and their respective service offerings. Following this assessment, Bloomberg was identified as the only supplier capable of delivering the specific combination of functionality, content, industry-recognised platform capabilities, and educational resources required to support the University's current objectives. No alternative supplier was found to offer an equivalent solution that fully meets the University's requirements. Given the specialist nature of the requirement and the University's limited historical usage data in this area, the University intends to enter into a two-year contract. This initial term will enable the University to evaluate utilisation levels, assess stakeholder and student demand, and measure the educational and operational benefits derived from the service. The arrangement will also allow the University to further develop its understanding of future requirements and establish a robust business case for longer-term provision. The information gathered during the contract period will be used to inform the specification, procurement strategy, and evaluation criteria for a future competitive procurement exercise, should an ongoing requirement be identified.

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure reasons

Entry 1
Id
prototypesDevelopment
Entry 2
Id
userChoice

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
University of Wolverhampton
Id
GB-CHC-EW45579

Identifier

Scheme
GB-CHC
Id
EW45579

Additional Identifiers

Entry 1
Scheme
GB-UKPRN
Id
10007166
Entry 2
Scheme
GB-PPON
Id
PVYG-5141-TPJR

Address

Street Address
Wulfruna Street
Locality
Wolverhampton
Postal Code
WV1 1LY
Country
GB
Country Name
United Kingdom
Region
UKG39

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government
Organisation 2
Name
BLOOMBERG FINANCE L.P.
Id
GB-PPON-PHRT-2555-DXMY

Identifier

Scheme
GB-PPON
Id
PHRT-2555-DXMY

Address

Street Address
731 Lexington Avenue
Locality
New York
Postal Code
10022
Country
US
Country Name
United States
Region
US

Contact

Roles

supplier

Details

Scale
large
Vcse
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
48000000
Description
Software package and information systems
Entry 2
Scheme
CPV
Id
80340000
Description
Special education services

Delivery locations

Entry 1
Region
UKG
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-PPON-PHRT-2555-DXMY
Name
BLOOMBERG FINANCE L.P.

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
26-34 Data Studio
Status
active
Above Threshold
No
Date Signed
26 Aug 2026, 00:00

Period

Starts
26 Aug 2026, 00:00
Ends
25 Aug 2028, 23:59

Value

Including VAT
203,904
Currency
GBP

Documents

Entry 1
Id
092430-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
30 Sept 2026, 14:36
Format
text/html

Recorded locations

  • Buyer location · Wolverhampton · UKG39 · WV1 1LY · United Kingdom

Notice and amendment history

3 published notice versions reviewed by ProcuraAxis.

3 VERSIONS
  1. 059215-2026Transparency notice on Find a Tender ·
  2. 059219-2026Contract award notice on Find a Tender ·
  3. 092430-2026Contract details notice on Find a Tender ·