Tender

GB-Sheffield: Global VC data provider tender

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Tender

19 Sep 2019 at 10:20

Tender Notice
Summary of the contracting process

The British Business Bank is currently seeking a provider for a global venture capital (VC) data service through an open procurement process. The tender, titled "GB-Sheffield: Global VC data provider tender," is categorised under data supply services and has a total estimated value of £500,000. The tender period is set to conclude on 11 October 2019, and the contract is expected to commence on 3 January 2020, lasting until 2 January 2022. This opportunity is specifically located in Sheffield, United Kingdom.

This tender presents significant growth opportunities for small and medium enterprises (SMEs) with capabilities in data management and analytics, particularly those offering comprehensive database solutions. Businesses that specialise in providing insights into venture capital trends and those with experience in developing API feeds for data integration would be particularly well-suited to compete for this contract, given the key requirements specified by the British Business Bank for market analysis and due diligence support.

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Notice Information

Notice Title

GB-Sheffield: Global VC data provider tender

Notice Description

The British Business Bank was established to ensure the small business finance markets in the UK are functioning correctly, with a large part of our work relating to private equity markets- In particular venture capital. We therefore require access to a VC database covering all aspects of the market. The procured data will have three core purposes: a.Provide us with insights into global VC market trends b.Provide our product teams with a platform they can use to analyse the investment activity of specific fund managers as part of the due diligence process. The product teams will also use the platform as a benchmarking tool (for fund/ round sizes amongst other things) c.Provide us with an API feed which will give us information on the sectoral classifications of our equity portfolio (i.e. companies that have received funding from one of our portfolio funds) Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5d019546-f2bb-484c-9eff-bed364842285
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e612f84a-f0f0-4c8d-9326-c3741baaa16d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48612000 - Database-management system

72319000 - Data supply services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Sep 20196 years ago
Submission Deadline
11 Oct 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Jan 2020 - 2 Jan 2022 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Further Information

Notice Documents

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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