Expired contract

2022-032 Bloomberg Service

Details

Supplier(s)
Bloomberg
Value
£26,400
Duration
2 years
Topic
License management software package
Published
22 April 2022

Tender description

A subscription service to access Bloomberg terminal located in the Ofgem London office, used to access real-time data on wholesale market prices and fundamental data which is required for updating those within and outside the organisation on wholesale market developments. The data is used to: Data is summarized and presented in analysis backstopping regulatory decisions. consultant reports source their analysis with reference to a particular Bloomberg data series.

Timeline

  1. Completed: Award date16 March 2022
  2. Completed: Award published22 April 2022
    Current notice
  3. Completed: Contract expiry date15 March 2024

About the buyer

Office of Gas and Electricity Markets (Ofgem) is Britain's energy regulator, a non-ministerial government department. Most goods and services are bought through Crown Commercial Service frameworks, chiefly its Energy and Economic Services and Advice agreement. Lots span gas and electricity engineering, distributed energy resources, and economic and financial advice.

Ofgem then runs a further competition or awards work directly to a supplier on the relevant lot.

Over the past 5 years, most of Ofgem's contract awards have been in business services, software and information systems, and IT services.

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Decision makers

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