Awarded contract

Bloomberg subscription renewal of 10 licences

Details

Supplier(s)
Bloomberg Finance L P
Value
£211,914.31
Duration
1 year
Topic
Software package and information systems
Published
13 July 2026

Tender description

Bloomberg are the only supplier to provide this service and content. Bloomberg is a strategically important resource for Coventry University London and Coventry and is embedded across several finance-related programmes, including MBA Finance, MSc Financial Technology, MSc Economics and Banking, MSc Global Finance, and BSc Financial Economics and Banking. The platform supports teaching, assessment, dissertation research, and employability development by providing students with access to real-time financial market data, company information, risk management tools, economic indicators, and analytics. Bloomberg is particularly valuable for modules involving financial analysis, investment management, risk management, big data, machine learning, and research methods, where students are required to source and analyse professional-grade financial data. Students are introduced to Bloomberg throughout their studies and are encouraged to complete the Bloomberg Market Concepts (BMC) certification to enhance their industry readiness. The Bloomberg Terminal remains a key differentiator of our finance provision and plays an important role in ensuring that students develop the practical, data-driven skills expected by employers in the financial services sector. The licence quantity has been reviewed and reduced in previous years - x7 licences for Coventry and x3 licences for London remain the appropriate number required. ## Contract award Title: Bloomberg subscription renewal

Timeline

  1. Completed: Award published13 July 2026
    Current notice
  2. Completed: Award date13 July 2026
  3. Next: Contract expiry date31 July 2027in 9 months

About the buyer

Coventry University buys as a higher education institution, with a centralised procurement team based in its Finance Department at the Armstrong Siddeley Building. Suppliers must complete a competitive tender process before they gain approved status. Coventry University belongs to the Southern Universities Purchasing Consortium, a collaborative buying group for more than one hundred higher and further education institutions.

Further competitions run on the framework agreements the consortium negotiates across most commodity areas.

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

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