📑Financial Data Including Credit Ratings of Economic Operators
Procurement process summary
This process is to purchase Financial Data Including Credit Ratings of Economic Operators.
This contract was awarded by 🇪🇺 European Commission, Directorate-General for Budget (BUDG), BUDG.E.1 - Budgetary Guarantees and Risk Analysis for an amount of EUR 8,000,000 to 1 supplier. It was published on 2022-04-08 through direct
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇪🇺 European Commission, Directorate-General for Budget (BUDG), BUDG.E.1 - Budgetary Guarantees and Risk Analysis Buying unitnot reported Publication date2022-04-08 Contest statusnot reported DescriptionThe Directorate E of the DG for Budget (DG BUDG.E) of the European Commission (EC) is in charge of the asset management of the multiple guarantee funds, competitions fines and the off-budget assets for other EC services and other EU institutions.In that context, it closely monitors financial risks associated with the asset management activities of the directorate, ensures reporting on the risks and performance; monitors the asset management activities outsourced to third parties and develops risk management systems and processes.In order to ensure that the EC fulfils its obligations, DG BUDG.E needs to access the ratings and financial research services.Awards
This award was granted to Moody’s Analytics UK Limited by European Commission, Directorate-General for Budget (BUDG), BUDG.E.1 - Budgetary Guarantees and Risk Analysis for an amount of EUR 8,000,000. The procurement process was conducted through direct for the category of services. This is award number 1.
| Supplier | Amount | Award number |
|---|---|---|
| 🇬🇧 Moody’s Analytics UK Limited | EUR 8,000,000 | 1 |
Market context and opportunities
The execution of this contract allows the entity European Commission, Directorate-General for Budget (BUDG), BUDG.E.1 - Budgetary Guarantees and Risk Analysis to fulfill its public service objectives efficiently.
The direct purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberEU_ocds-70d2nz-df3b2045-88c1-408e-8fbb-7f6f94a370e4-award-1Publication date2022-04-08Contract datenot reportedAward datenot reportedCategoriesservicesPurchase modalitydirectMethod detailspt_award_contract_without_callStatusnot reportedData sources
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