AWARD OUTCOME
What happened
Royal Holloway and Bedford New College has published a contract award notice for a 12-month Bloomberg subscription and terminals requirement. The award to BLOOMBERG FINANCE L.P. remains pending, with signature scheduled after the standstill period.
Published outcomePending award to BLOOMBERG FINANCE L.P. for lot 1; the published record does not confirm a signed or active contract.
Market significanceThis is a direct award for financial-information subscription services, valued at £201,597 excluding VAT (£241,916 including VAT).
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
BLOOMBERG FINANCE L.P.
99% confidenceAward 1 · Lots 1 · 201597 GBP · Pending award
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Award 1 names BLOOMBERG FINANCE L.P. as supplier and states a £201,597 award value excluding VAT. The award covers related lot 1.
LIFECYCLE
Award or contract stage
Notice status
98% confidenceContract award notice published; process marked complete
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Process display status is awarded; source status is complete; award notice dated 14 October 2026.
Award status
99% confidencePending
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Award 1 status is "pending".
Standstill period
98% confidenceScheduled to end 23 October 2026, 23:59:59 BST
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Award 1 standstillPeriod.endDate is 2026-10-23T23:59:59+01:00.
Future signature
98% confidenceScheduled by 24 October 2026, 23:59:59 BST
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Award milestone type futureSignatureDate is scheduled for 2026-10-24T23:59:59+01:00.
Contract status
99% confidenceNot confirmed as signed or active
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The award is pending and the signature date is a future scheduled milestone.
VALUES
Published values explained
Award value excluding VAT
99% confidence£201,597
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Award 1 value.amount is 201597 GBP; amountGross is separately stated as 241916.
Award value including VAT
99% confidence£241,916
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Award 1 value.amountGross is 241916 GBP.
Value allocation
96% confidenceSingle award associated with lot 1
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The record contains one award, one supplier and related lot 1.
TIMELINE
Procurement timeline
Award date
99% confidence7 October 2026
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Award 1 date is 2026-10-07.
Award notice publication
99% confidence14 October 2026
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Award-notice document 097229-2026 was published 2026-10-14T17:23:55+01:00.
Planned contract start
98% confidence24 October 2026
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Award 1 contractPeriod.startDate is 2026-10-24.
Planned contract end
98% confidence4 October 2027
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Award 1 contractPeriod.endDate is 2027-10-04T23:59:59+01:00.
SCOPE
What was awarded
Requirement
99% confidenceBloomberg subscription and terminals
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Process title and description state "Provision of Bloomberg Subscription and Terminals" for 12 months.
Procurement category
99% confidenceServices
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Award 1 mainProcurementCategory is services.
Classification
99% confidenceCPV 79980000 — Subscription services
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Award item additional classification is CPV 79980000, described as Subscription services.
Lot structure
96% confidenceOne published lot (lot 1); no lot title or detailed lot description supplied
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Tender data lists lot 1 only, with no title or description.
Delivery region
96% confidenceUKJ, United Kingdom
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Award item delivery address specifies region UKJ, country GB.
PROCEDURE
Procedure and competition
Procedure
99% confidenceDirect award
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Tender procurementMethodDetails is "Direct award".
Threshold status
99% confidenceAbove threshold
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Award 1 aboveThreshold is true.
Competition information
99% confidenceNot supplied in the published notice
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No bid count, bidder list, evaluation information or scoring is provided in the supplied data.
CONTRACT TERMS
Published contract terms
Published contract period
98% confidence24 October 2026 to 4 October 2027
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Award 1 contractPeriod gives these dates.
Stated duration
98% confidence12 months in the requirement description
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The process description says the requirement is for 12 months.
Extensions or renewal options
99% confidenceUnknown
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No extension, option or renewal terms are supplied.
COMMERCIAL VIEW
Commercial observations
Commercial structure
96% confidenceDirect award for a specialist subscription-services requirement
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The notice identifies a direct award and classifies the requirement as subscription services.
Value basis
99% confidence£201,597 excluding VAT, with £241,916 including VAT published
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Award value records amount and amountGross in GBP.
Award completion risk
98% confidenceThe award remains subject to the published standstill and scheduled signature steps
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Award status is pending; standstill ends 23 October 2026 and future signature is scheduled for 24 October 2026.
DATA QUALITY
Gaps and source limitations
Pending award
99% confidenceThe award record is pending, not evidence of a concluded or signed contract.
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Award 1 status is pending and a future signature milestone is scheduled.
Supplier identity basis
98% confidenceSupplier name is sourced from the notice and is not Companies House-verified in the supplied data.
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Supplier verification status is not_applicable; no verified company name or number is supplied.
Limited lot detail
99% confidenceLot 1 has no published title, description or separate value.
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Lot 1 fields for title, description and value are null.
Limited competition detail
99% confidenceInformation not supplied in the published notice.
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No submissions, evaluation, scoring or rationale fields are provided.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The published award is pending; it must not be treated as a signed, concluded or active contract.
- No bid count, evaluation criteria, scores, award rationale or competing suppliers are supplied.
- No lot title, detailed lot description or separate lot value is published.
- No extension, renewal or option terms are supplied.
- The supplier name is sourced from the notice; no Companies House-verified legal name or company number is supplied.
- The stated 12-month description and 24 October 2026 to 4 October 2027 contract-period dates are both reported; the notice does not explain the difference.
MARKET THEMES
Relevant award themes
Royal Holloway and Bedford New CollegeBLOOMBERG FINANCE L.P.Bloomberg subscriptionBloomberg terminalsdirect awardsubscription servicesSTA-27037
COMMON QUESTIONS
About this award
Who received the award?
BLOOMBERG FINANCE L.P. is named as the supplier for the pending award.
What is the published award value?
The published value is £201,597 excluding VAT and £241,916 including VAT.
Is the contract signed?
No confirmation of signature is supplied. The award is pending, with signature scheduled for 24 October 2026.
What is being procured?
Bloomberg subscriptions and terminals for a stated 12-month requirement.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.