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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award notice |
| Buyer: | Transport for London |
| Main Category: | — |
| Procurement Method: | Direct award |
| Method Rationale: | The contracting authority intends to directly award this contract under section 41 of the Procurement Act 2023 relying on Schedule 5 paragraph 5, on the basis that only one supplier can provide the required service and there is no reasonable alternative. The requirement is for continued access to specified MSCI benchmark-linked real estate data and indices used for portfolio benchmarking, valuation, lease-linked index activity and performance reporting. MSCI is the only supplier identified as capable of providing this specific benchmark-linked requirement in full. The relevant benchmark content is proprietary, derived from confidential contributor data, and no functionally equivalent, independently verified and longitudinally consistent alternative has been identified that would preserve the existing methodology, peer set and valid time series. A change in supplier would create material legal, commercial and operational risk, including loss of continuity and comparability. The authority has therefore limited the scope to the minimum necessary benchmark-linked requirement and considers direct award to be the most proportionate route. |
| Tender Status: |
All 3 notices for this procurement, oldest first.
TfL 97147 - Access to MSCI Property Benchmarking Data
TfL 97147 - Access to MSCI Property Benchmarking Data
TfL 97147 - Access to MSCI PropertyBenchmarking Data
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Awarded to
| Award value: | £239,579 |
| Award status: | Pending |
The contracting authority intends to directly award a contract for continued access to specified MSCI real estate analytics, indices and property benchmarking data required to support portfolio benchmarking, valuation activity, lease-linked index activity, and internal and external performance reporting. The requirement also includes those associated analytics modules and user access elements that remain necessary for portfolio analysis and decision support.
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| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 5 June 2026 |
| Application Deadline: | — |
| Contract Start Date: | 21 June 2026 |
| Contract End Date: | 21 June 2028 |
| Contract Duration: | 2.0 years |
| Procurement ID (OCID): | ocds-h6vhtk-06af30 |
| Notice Reference: | 053541-2026 |