LSE is the world's leading social science institution for teaching and research. Each year we spend on average around £80m on goods and services - the bulk on building and upgrading the campus around Houghton Street, but also on the many halls of residence around London.
LSE business details
LSE's company registration number is 00070527. Our principal place of business is at Houghton Street, London, WC2A 2AE.
Bravo eTendering service
Our tenders are advertised and managed through our Bravo eTendering system. To log in and for guidance on how to register as a supplier, see: LSE eTendering service
Thresholds for obtaining competitive quotations/tenders
LSE strictly follows the competition thresholds (excl. VAT) set out in its Financial Regulations. The level of competition required is based on the contract value (contract life, not annual cost). The thresholds are set as follows:
Contracts estimated to cost from £8,000 to £49,999 - at least 3 written quotes.
Contracts between £50,000 and £172,514 - at least 4 tenders via a sealed bid tendering process.
Contracts above £172,515 - at least 5 tenders via a sealed bid tendering process and may be subject to EU tendering regulations.
LSE payment terms
LSE’s standard payment terms are Net Monthly, ie LSE shall pay the invoiced amounts no later than the end of the calendar month following the calendar month in which delivery was made and receipt of a correct invoice submitted by the supplier, whichever shall happen last. For more information, see Guide to selling to LSE [PDF].
Equality and diversity
All suppliers to LSE must comply with LSE's commitment to equality and diversity:
“The School seeks to ensure that people are treated equitably, regardless of age, disability, race, colour, nationality, ethnic or national origin, gender reassignment, pregnancy and maternity, marriage and civil partnership, religion and belief, sex, sexual orientation or personal circumstances. Equality and diversity are integral to the School's priorities and objectives. We will support inter-faith and inter-cultural dialogue and understanding and engage all students and staff in playing a full and active role in wider engagement with society.”
For more information, see Equality and diversity.
LSE Ethics Code
LSE suppliers shall, and shall procure that their personnel, comply with the LSE Ethics Code. The code states that the whole LSE community are expected to act in accordance with the following principles:
responsibility and accountability
equality of respect and opportunity
collegiality and sustainability
For the full code, see LSE Ethics.
LSE environmental considerations
Since 2005, LSE has been committed to environmental sustainability as set out by the School's Environmental and Energy Policies. All LSE’s contractors must adhere to all tenets of the policy,
see: LSE Procurement sustainability policy [PDF].
Also see Sustainability at LSE.
London Living Wage
LSE is committed to the London Living Wage (LLW), which is an additional amount to the UK minimum pay rate to reflect the additional costs of being located in London. LSE suppliers must pay as a minimum the LLW for staff employed on the LSE contract. For further guidance, see Guide to selling to LSE [PDF].