Award

Award Of Generative AI Proof-of-Concept

THE INSOLVENCY SERVICE

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 14:37

Award Notice
Summary of the contracting process

The Insolvency Service has concluded the tender process for the development of multiple Proof of Concept (PoC) use cases employing Retrieval Augmented Generation (RAG) Generative Artificial Intelligence (Gen AI) technologies. The contract was awarded to Great Wave AI Limited, a small and medium-sized enterprise (SME). This project falls under the 'IT services: consulting, software development, Internet and support' industry category and is valued at £19,975. The procurement was conducted through a call-off from a framework agreement. The contract, which spans from 6th November 2024 to 6th November 2025, aims to explore the potential applications and requirements for Gen AI technologies within the Insolvency Service.

This tender presents significant opportunities for businesses specialising in IT services and innovation, especially those focusing on artificial intelligence and related technologies. SMEs that offer software development, consulting, and support services will find this contract particularly suitable. Engaging in this project allows companies to showcase their capabilities in cutting-edge AI solutions, potentially opening doors to future collaborations with public sector organisations. The targeted nature of the procurement method ensures that businesses with relevant framework agreements and expertise in Gen AI have a competitive edge.

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Notice Information

Notice Title

Award Of Generative AI Proof-of-Concept

Notice Description

1.1 The Insolvency Service's Digital Innovation Team are looking to engage with an external supplier to develop several Proof of Concept (PoC) Use Cases utilising Retrieval Augmented Generation (RAG) Generative Artificial Intelligence (Gen AI) technologies. This is with the aim of understanding the potential benefits, constraints, risks, and opportunities presented by this technology and the environment and skills that would be required to deploy it within the Insolvency Service.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c2ac0d1-8324-4006-8d4f-a3522745a405
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/55ac1352-e8de-408b-a18d-18fd70e1f854
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£19,975 Under £100K
Lots Value
Not specified
Awards Value
£19,975 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
4 Oct 2024Expired
Future Notice Date
Not specified
Award Date
31 Oct 20241 years ago
Contract Period
6 Nov 2024 - 6 Nov 2025 1-2 years
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 INSOLVENCY SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 2HT
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

GREAT WAVE AI

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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