Award

Provision of Insolvency Risk Data Services

THE BUSINESS GROWTH HUB LIMITED

This public procurement record has 3 releases in its history.

Award

03 Jun 2021 at 14:27

Award Notice
TenderAmendment

07 Jan 2021 at 12:09

Tender Notice
Tender

23 Dec 2020 at 16:10

Tender Notice
Summary of the contracting process

The Business Growth Hub Limited is seeking to source a supplier for the "Provision of Insolvency Risk Data Services." This procurement falls under the services category, specifically classified as data services (CPV code 72300000). The contract will be delivered in the North West of England, with a total contract value of £100,000 and a minimum value of £40,000. The tender process was initiated on December 23, 2020, with the tender period ending on January 15, 2021. The contract is set to commence on January 18, 2021, and will last until January 17, 2022. The procurement method used is an open procedure, which is suitable for SMEs but does not include voluntary, community, and social enterprises.

This tender provides an excellent opportunity for businesses specialising in data services, particularly those offering online databases and risk assessment tools. Companies that can develop or provide comprehensive databases with predictive analytics concerning business insolvency will be well-placed to compete. The contract's focus on supporting business eligibility decision-making and operational delivery within the Business Growth Hub presents further avenues for engagement and growth for successful suppliers.

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Notice Information

Notice Title

Provision of Insolvency Risk Data Services

Notice Description

GC Business Growth Hub are conducting a procurement exercise to source a supplier of a UK company database. This will be an online database (and API) holding details of UK businesses and will provide a risk rating that relates to a business's operations, financial health, and in particular provide a tool/health ratings that accurately predict insolvency. This will be used across the Hub for supporting business eligibility decision making and operational delivery and a programme of internal market research.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c81c0e8-8c92-405c-8f49-d345970e39e8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/237a7ba5-5baf-4db6-b925-134036ea01fe
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£42,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jun 20214 years ago
Submission Deadline
15 Jan 2021Expired
Future Notice Date
Not specified
Award Date
3 Feb 20215 years ago
Contract Period
4 Feb 2021 - 31 Jan 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE BUSINESS GROWTH HUB LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 5JW
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLD North West (England)
Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

RED FLAG A!ERT

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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