University of the West of Scotland awards £196,000 financial data tools contract to BLOOMB

Tender information last checkedLast checked 19 Oct 2026, 18:21.

Opportunity overview

Hardware and software for the delivery of financial markets data analysis, with real time and historical insights for educational, learning and research purposes

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

Matched by normalised name

Contract value: £196k
Awarded: Not supplied
Contract signed: 15 Oct 2026
Award ID: 098662-2026-UWS-2026-219-1
Status: active
Location: London, UK, EC2A 1PQ, United Kingdom

Classification

CPV48100000 — Industry specific software package

Lots

University of the West of Scotland is seeking to award a contract for the purchase of a financial markets data analysis, market intelligence and trading solution – hardware and software without a tender process due to the belief that there is only one supplier who can meet our requirements as follows: 1. This is to support a two-year pilot project to support employer-informed post-graduate and undergraduate teaching, learning and research 2. Industry-leading global financial market intelligence data provision and analytics 3. Real-time and historical data across all asset classes alongside powerful analytic tools and market intelligence 4. Simulated trading and markets environments 5. Access to global networking and competition challenges that go beyond the classroom and into industry 6. Provision of a one-stop shop solution across two campusesValue 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: UWS-2026-219
Status: complete
Main Procurement Category: goods
Procurement Method: limited
Procurement Method Details: Award procedure without prior publication of a call for competition
Why this procedure was chosen: Award of a contract without prior publication of a call for competition Justification for selected award procedure: The procurement falls outside the scope of application of the Directive. Explanation: Competition is absent for technical reasons. No reasonable alternative or substitute exists that provides the requirements for education, learning and research. UWS has not artificially narrowed the parameters of the procurement. After comprehensive market engagement only the nominated supplier has the capacity and solution to provide all of UWS’s requirements. This notice provides transparency and due diligence prior to the award of the contract. In the event that a supplier details its ability to meet the requirements, then this award will not be made.

Legal basis

Id: 32014L0024
Scheme: CELEX

Classification

Scheme: CPV
Id: 48100000
Description: Industry specific software package

Covered By

GPA

Procedure reasons

Entry 1

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

Lots and requirements

Entry 1

Id: 1
Description: University of the West of Scotland is seeking to award a contract for the purchase of a financial markets data analysis, market intelligence and trading solution – hardware and software without a tender process due to the belief that there is only one supplier who can meet our requirements as follows: 1. This is to support a two-year pilot project to support employer-informed post-graduate and undergraduate teaching, learning and research 2. Industry-leading global financial market intelligence data provision and analytics 3. Real-time and historical data across all asset classes alongside powerful analytic tools and market intelligence 4. Simulated trading and markets environments 5. Access to global networking and competition challenges that go beyond the classroom and into industry 6. Provision of a one-stop shop solution across two campuses
Has Options: No

Items and delivery

Item 1

Id: 1
Related Lot: 1

Delivery locations

Entry 1

Region: UKM83

Entry 2

Region: UKI

Delivery Location

Description: Paisley and London campuses for UWS

Buyer, suppliers and contacts

Organisation 1

Name: University of the West of Scotland
Id: GB-FTS-5147

Identifier

Legal Name: University of the West of Scotland

Address

Street Address: High Street
Locality: Paisley
Region: UKM83
Postal Code: PA1 2BE
Country Name: United Kingdom

Contact

Telephone: +44 1418483110
Email: procurement@uws.ac.uk

Roles

buyer

Details

Url: http://www.uws.ac.uk ↗
Buyer Profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00473 ↗

Classifications

Entry 1

Scheme: TED_CA_TYPE
Id: BODY_PUBLIC
Description: Body governed by public law

Entry 2

Scheme: COFOG
Id: 09
Description: Education

Organisation 2

Name: Bloomberg LP
Id: GB-FTS-119213

Identifier

Legal Name: Bloomberg LP

Address

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

Contact

Telephone: +44 2073307500
Fax Number: +44 2073307501

Roles

supplier

Details

Scale: large

Organisation 3

Name: Paisley Sheriff Court
Id: GB-FTS-133005

Identifier

Legal Name: Paisley Sheriff Court

Address

Street Address: St James Street
Locality: Paisley
Postal Code: PA3 2HW
Country Name: United Kingdom

Contact

Telephone: +44 1418875291

Roles

reviewBody

Award information

Award 1

Id: 098662-2026-UWS-2026-219-1
Status: active

Related lots

Suppliers

Supplier 1

Id: GB-FTS-119213
Name: Bloomberg LP

Contracts and changes

Entry 1

Id: 098662-2026-UWS-2026-219-1
Award ID: 098662-2026-UWS-2026-219-1
Status: active
Date Signed: 16 Oct 2026, 00:00

Value

Amount: 196,000
Currency: GBP

Recorded locations

Buyer location · Paisley · UKM83 · PA1 2BE · United Kingdom
Delivery location · UKI
Delivery location · UKM83

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION

098662-2026award, contract · 19 Oct 2026, 16:50

PROCURAAXIS AWARD ANALYSIS

Award outcome intelligence

Evidence-bound analysis of the published award appears below the official tender and award information.

ANALYSIS PREVIEW

Award intelligence at a glance

University of the West of Scotland awarded a contract to BLOOMBERG L.P. for financial market data analytics and trading tools supporting teaching, learning and research at its Paisley and London campuses.

Published outcome signals

Published noticeAward and contract notice published 19 October 2026Evidence: Release history records notice type “award, contract” with release date 2026-10-19T16:50:46+01:00.
Award statusActiveEvidence: Award 098662-2026-UWS-2026-219-1 has status “active”.
Contract statusActive; signed date recorded as 16 October 2026Evidence: Contract 098662-2026-UWS-2026-219-1 has status “active” and dateSigned 2026-10-16T00:00:00+01:00.

96% approved-analysis confidence1 supplier record analysed4 source limitations

SOURCE AND FRESHNESS

Traceable procurement data

Source: Find a Tender
Notice reference: 098662-2026
OCID: ocds-h6vhtk-078b29
First published: 19 Oct 2026
Last checked: 19 Oct 2026, 18:21
Notice versions reviewed: 1

View Find a Tender notice ↗

HOW THIS WAS PREPARED

Approved, evidence-bound analysis

ProcuraAxis structures information found in published procurement records, checks the result for consistency and publishes only approved analysis. Confidence describes the completeness and consistency of the available source information; it is not a guarantee of eligibility or contract award.

Analysis status: Approved for publication
Analysed: 19 Oct 2026

Read the analysis methodology →

AWARD OUTCOME

What happened

Published outcome

The published contract record is active and states a signed value of £196,000 on 16 October 2026.

Market significance

The procurement used a limited procedure without prior competition. UWS stated that, after market engagement, it believed only the nominated supplier could meet the integrated technical and educational requirements.

AWARDED SUPPLIERS AND LOTS

1 supplier record analysed

BLOOMBERG L.P.

98% confidence

Award 098662-2026-UWS-2026-219-1 · Lots 1 · 196000 GBP · Active contract record; value is recorded at contract level for this single-supplier award.

View supporting evidence

Verified supplier identity is BLOOMBERG L.P. (company number OE018811). The award names Bloomberg LP as supplier; the linked contract records £196,000.

LIFECYCLE

Award or contract stage

Published notice

99% confidence

Award and contract notice published 19 October 2026

View supporting evidence

Release history records notice type “award, contract” with release date 2026-10-19T16:50:46+01:00.

Award status

98% confidence

Active

View supporting evidence

Award 098662-2026-UWS-2026-219-1 has status “active”.

Contract status

99% confidence

Active; signed date recorded as 16 October 2026

View supporting evidence

Contract 098662-2026-UWS-2026-219-1 has status “active” and dateSigned 2026-10-16T00:00:00+01:00.

VALUES

Published values explained

Contract value

99% confidence

£196,000

View supporting evidence

The linked contract value is amount 196000, currency GBP.

Value allocation

96% confidence

Contract-level value linked to the sole award and supplier

View supporting evidence

One award names one supplier and is linked to one contract with the stated value.

TIMELINE

Procurement timeline

Contract signed

99% confidence

16 October 2026

View supporting evidence

Contract dateSigned is 2026-10-16T00:00:00+01:00.

Notice published

99% confidence

19 October 2026

View supporting evidence

The release history gives 2026-10-19T16:50:46+01:00.

SCOPE

What was awarded

Requirement

98% confidence

Financial market data analysis, market intelligence and trading solution comprising hardware and software

View supporting evidence

Tender and lot descriptions describe hardware and software for financial-markets data analysis, real-time and historical insight, and trading tools.

Educational use

96% confidence

Teaching, learning and research, including a two-year pilot project

View supporting evidence

Lot 1 states the requirement supports employer-informed postgraduate and undergraduate teaching, learning and research through a two-year pilot project.

Functional coverage

96% confidence

Global financial-market data and analytics, simulated trading environments, and networking and competition challenges

View supporting evidence

Lot 1 lists these capabilities among UWS’s requirements.

Delivery locations

98% confidence

UWS Paisley and London campuses

View supporting evidence

Item delivery location is described as “Paisley and London campuses for UWS”; delivery regions are UKM83 and UKI.

Classification

99% confidence

CPV 48100000 — Industry specific software package

View supporting evidence

Tender classification identifies CPV 48100000 as the primary classification.

PROCEDURE

Procedure and competition

Procedure

99% confidence

Limited procedure without prior publication of a call for competition

View supporting evidence

Tender procurementMethod is “limited” and procurementMethodDetails states “Award procedure without prior publication of a call for competition”.

Buyer rationale

94% confidence

UWS stated that competition was absent for technical reasons and that no reasonable alternative or substitute met its requirements.

View supporting evidence

Published rationale says that after comprehensive market engagement only the nominated supplier had the capacity and solution to provide all requirements, and that UWS had not artificially narrowed the parameters.

Competition information

99% confidence

No bid count, evaluation scores or comparative supplier assessment published

View supporting evidence

Information not supplied in the published notice data.

Transparency condition

93% confidence

UWS stated before award that the award would not be made if another supplier demonstrated it could meet the requirements.

View supporting evidence

The tender rationale includes this stated condition.

CONTRACT TERMS

Published contract terms

Signed contract value

99% confidence

£196,000

View supporting evidence

The active contract record gives a value of 196000 GBP.

Options

99% confidence

No options

View supporting evidence

Lot 1 hasOptions is false.

Start and end dates

99% confidence

Unknown

View supporting evidence

contract_start_at and contract_end_at are null; no term dates are stated in the published contract data.

Pilot reference

96% confidence

Two-year pilot project referenced in requirements

View supporting evidence

Lot 1 describes support for a two-year pilot project. This is not an explicit contractual start date, end date or contract duration.

COMMERCIAL VIEW

Commercial observations

Procurement structure

98% confidence

Single-lot, single-supplier financial-data and trading-tools requirement

View supporting evidence

One lot is listed; the sole award names BLOOMBERG L.P. and is linked to that lot.

Demand signal

96% confidence

UWS sought an integrated solution across market data, analytics, simulated trading and educational activities at two campuses.

View supporting evidence

These functions and campuses are specified in the lot description and delivery item.

Competitive-access signal

91% confidence

The buyer’s published rationale presents the requirement as technically non-substitutable, limiting the opportunity to compete through the stated procedure.

View supporting evidence

UWS states competition was absent for technical reasons and only the nominated supplier could meet all requirements after market engagement.

ANALYSIS QUALITY

96%overall confidence

Confidence reflects the completeness and consistency of the published award data.

Reference: ocds-h6vhtk-078b29
Analysed: 19 Oct 2026

APPROVED AWARD ANALYSIS

BUYER CONTEXT

Buyer context

Buyer

99% confidence

University of the West of Scotland

View supporting evidence

The buyer party and process buyer_name identify University of the West of Scotland.

Buyer type

98% confidence

Body governed by public law; education function

View supporting evidence

Buyer classifications list TED_CA_TYPE BODY_PUBLIC and COFOG 09 Education.

Buyer location

98% confidence

Paisley, United Kingdom

View supporting evidence

Buyer address is High Street, Paisley, PA1 2BE.

SUPPLIER CONTEXT

Supplier context

Supplier identity

99% confidence

BLOOMBERG L.P. (verified company number OE018811)

View supporting evidence

Supplier verification identifies verifiedCompanyName BLOOMBERG L.P., verifiedCompanyNumber OE018811, status verified.

Source-name variation

99% confidence

The source notice uses “Bloomberg LP”; the verified legal name is “BLOOMBERG L.P.”

View supporting evidence

Supplier verification records nameMismatch true and provides both source and verified names.

Supplier scale

95% confidence

Large

View supporting evidence

The supplier party details specify scale “large”.

RENEWAL OUTLOOK

Renewal outlook

Renewal timing

99% confidence

Unknown

View supporting evidence

No explicit contract end date, extension provision or renewal terms are supplied in the published notice data.

DATA QUALITY

Gaps and source limitations

Supplier name normalisation

99% confidence

Verified legal supplier name used

View supporting evidence

The source supplier name “Bloomberg LP” differs in formatting from verified legal name “BLOOMBERG L.P.”; supplier verification status is verified.

Award date

99% confidence

Not published

View supporting evidence

The award record has no award_date.

Term information

99% confidence

Contract start date, end date and explicit contractual duration not published

View supporting evidence

Published process fields for contract_start_at and contract_end_at are null. The two-year pilot reference is not explicit contract-term evidence.

Competition and evaluation detail

99% confidence

Bid count, bidder identities, scores and pricing breakdown are not published

View supporting evidence

Information not supplied in the published notice data.

Lot pricing

99% confidence

No separate lot value published

View supporting evidence

Lot 1 value fields are null; the £196,000 figure is recorded on the linked contract.

SOURCE DATA LIMITATIONS

Information not supplied in the published notice

The published notice does not provide an award decision date, bid count, evaluation scores, comparative assessment or detailed price breakdown.
Contract start date, end date, extension terms and renewal terms are not supplied. The stated two-year pilot is a requirement context, not confirmed contract duration.
No individual lot value is published; the £196,000 amount is recorded at linked contract level.
The source supplier name “Bloomberg LP” differs in formatting from the verified legal name “BLOOMBERG L.P.”; the verified legal identity has been used.

MARKET THEMES

Relevant award themes

COMMON QUESTIONS

About this award

Who won the University of the West of Scotland financial data tools contract?

BLOOMBERG L.P. is the verified legal supplier named for the sole award.

What is the published contract value?

The linked active contract record states £196,000.

Was the contract competitively tendered?

The notice states that UWS used an award procedure without prior publication of a call for competition, citing technical reasons and the absence of a reasonable alternative.

When was the contract signed?

The contract record gives a signed date of 16 October 2026.

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.

Financial Data Analytics and Trading Tools - Hardware and software

Opportunity overview

Awarded to

Bloomberg LP

Classification

Lots

Published notice details

Scope, procedure and submissions

Legal basis

Classification

Covered By

Procedure reasons

Lots and requirements

Items and delivery

Delivery locations

Delivery Location

Buyer, suppliers and contacts

Identifier

Address

Contact

Roles

Details

Classifications

Identifier

Address

Contact

Roles

Details

Identifier

Address

Contact

Roles

Award information

Related lots

Suppliers

Contracts and changes

Value

Recorded locations

Notice and amendment history

Award intelligence at a glance

Published outcome signals

Traceable procurement data

Approved, evidence-bound analysis

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