AWARD OUTCOME
What happened
UK Export Finance published a transparency notice for a proposed direct award to FITCH SOLUTIONS GROUP LIMITED for access to Fitch subscription services covering BMI and global sovereign ratings. The award record is pending, so the notice does not evidence a signed or active contract.
Published outcomeOne pending award is recorded for FITCH SOLUTIONS GROUP LIMITED, covering lot 1.
Market significanceThe published net award value is £230,902 (gross £277,082) for a subscription-services requirement running from 16 October 2026 to 8 March 2029, subject to the pending award progressing to signature.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
FITCH SOLUTIONS GROUP LIMITED
99% confidenceAward 1 · Lots 1 · £230,902 net; £277,082 gross shared award value GBP · Pending award
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Award 1 identifies supplier GB-COH-08789939; supplier verification matches company number 08789939 to FITCH SOLUTIONS GROUP LIMITED. The award value is £230,902 net and £277,082 gross.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceTransparency notice on Find a Tender
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Award document 097788-2026 is described as a "Transparency notice on Find a Tender".
Procurement stage
90% confidenceContract stage; process marked complete
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Process stage is "contract" and tender status is "complete".
Award status
99% confidencePending
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Award 1 has status "pending".
Future signature date
98% confidence16 October 2026
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Award milestone type "futureSignatureDate" is scheduled for 2026-10-16T23:59:59+01:00.
VALUES
Published values explained
Award value excluding VAT
99% confidence£230,902
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Award 1 value amount is 230902 GBP.
Award value including VAT
99% confidence£277,082
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Award 1 value amountGross is 277082 GBP.
TIMELINE
Procurement timeline
Notice published
99% confidence16 October 2026
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Award notice 097788-2026 was published at 2026-10-16T10:47:13+01:00.
Published contract period start
98% confidence16 October 2026
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Award 1 contractPeriod startDate is 2026-10-16T00:00:00+01:00.
Published contract period end
98% confidence8 March 2029
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Award 1 contractPeriod endDate is 2029-03-08T23:59:59Z.
SCOPE
What was awarded
Requirement
99% confidenceAccess to Fitch subscription services for BMI and global sovereign ratings
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Process and tender description state: "Access to Fitch subscription services for BMI & Global Sovereign ratings".
Procurement category
99% confidenceServices
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Award 1 mainProcurementCategory is "services".
CPV classification
99% confidence79980000 — Subscription services
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Award item additional classification is CPV 79980000, described as "Subscription services".
Delivery location
95% confidenceUnited Kingdom
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Award item delivery address specifies region UK and country GB.
Lot structure
98% confidenceOne lot (lot 1); no published lot title or description
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Tender and award relate to lot 1; supplied lot record has no title or description.
PROCEDURE
Procedure and competition
Procedure
99% confidenceDirect award
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Tender procurementMethodDetails is "Direct award".
Published rationale
87% confidenceOnly available supplier for this direct information
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Tender procurementMethodRationale states: "Only available supplier this direct information".
Legal rationale classification
98% confidenceSingle supplier: intellectual property or exclusive rights
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Tender rationale classification is "singleSuppliersIntellectualPropertyExclusiveRights".
Competition information
99% confidenceNot supplied in the published notice
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No bid count, competing suppliers, evaluation scores or evaluation narrative is included in the supplied data.
CONTRACT TERMS
Published contract terms
Above-threshold status
99% confidenceAbove threshold
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Award 1 field aboveThreshold is true.
Extension or renewal terms
99% confidenceNot supplied in the published notice
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No extension or renewal terms are present in the supplied process, award or lot data.
Conflict-of-interest publication
99% confidenceNot published
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Tender document with type conflictOfInterest is described as "Not published".
COMMERCIAL VIEW
Commercial observations
Commercial model
98% confidenceSubscription-services access
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The requirement is described as access to Fitch subscription services and classified under CPV subscription services.
Award maturity
99% confidenceCommercial commitment is not evidenced as concluded
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The award remains pending and a future signature date is scheduled; no signed-contract evidence is supplied.
Value allocation
98% confidenceThe published value applies to the single award and its single supplier
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Award 1 names one supplier, relates to lot 1, and contains the published net and gross values.
DATA QUALITY
Gaps and source limitations
Pending award status
99% confidenceThe process is complete, but the award is pending and signature was future-dated in the notice.
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Award status is pending; futureSignatureDate milestone is scheduled for 16 October 2026.
Supplier identity quality
99% confidenceVerified legal supplier identity available.
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Company-number verification matched 08789939 to FITCH SOLUTIONS GROUP LIMITED.
Published fields not available
99% confidenceInformation not supplied in the published notice: award decision date, competition metrics, evaluation details, lot description, lot-level value, pricing breakdown, and extension or renewal terms.
View supporting evidence
These fields are absent or null in the supplied notice data.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The award is pending; the transparency notice and scheduled signature milestone do not confirm a signed, concluded or active contract.
- Information not supplied in the published notice: award decision date, bid count, evaluation method or scores, pricing breakdown, lot title or description, individual lot value, and extension or renewal terms.
- The published contract period is reported as notice data and should not be treated as evidence that service delivery has commenced.
MARKET THEMES
Relevant award themes
UK Export FinanceFITCH SOLUTIONS GROUP LIMITEDFitch subscription servicesBMIglobal sovereign ratingsdirect awardsubscription services
COMMON QUESTIONS
About this award
Who is the named supplier?
The pending award names FITCH SOLUTIONS GROUP LIMITED, verified against company number 08789939.
What is the published award value?
£230,902 excluding VAT and £277,082 including VAT.
Has the contract been signed?
The supplied notice does not evidence signature. The award is marked pending and lists a scheduled future signature date.
Why was a direct award used?
The notice cites an only-available-supplier rationale and classifies it under single-supplier intellectual property or exclusive rights.
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.