# 2022-032 Bloomberg Service

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Contract winner: Bloomberg
- Award value: £26,400
- Tender value: £26,400
- Award date: 16 March 2022
- Published: 22 April 2022
- Contract start: 16 March 2022
- Contract end: 15 March 2024
- Stage: awarded
- Procurement category: services
- Notice ID: 3cc2e19a-6e8a-4302-a012-cf0243f5cef9-531219
- OCID: ocds-b5fd17-023cf79f-54f1-44d0-98e7-1f854018a3d5

## 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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/3cc2e19a-6e8a-4302-a012-cf0243f5cef9-531219)