Award

Subscription to Market Intelligence Platform

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

24 May 2022 at 08:59

Award Notice
Summary of the contracting process

The procurement process involves the Department for Transport (DfTc) and pertains to the contract titled "Subscription to Market Intelligence Platform". This initiative falls under the IT services category and has been classified with a CPV code of 72000000. The contract is set to provide a comprehensive monitoring and analysis service for financial data related to transport operators. The procurement method used was selective, executed through a call-off from a framework agreement, with the tender period concluding on 10 May 2022. The contract duration spans from 11 May 2022 to 10 May 2024, with a total contract value of £76,000.

This opportunity can significantly benefit businesses specialising in IT services, particularly those with expertise in financial data analysis and software development. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as the nature of the contract lends itself to tailored services for monitoring, analysis, and bespoke financial assessments. Companies with capabilities in data interrogation and management, such as S&P Global, already engaged in this sector, could find this an ideal opportunity for growth and collaboration within the transport finance landscape.

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Notice Information

Notice Title

Subscription to Market Intelligence Platform

Notice Description

This is a requirement for the Department's Corporate Finance team. The aim is to support modal teams by offering monitoring and analysis of financial data on critical transport operators. To provide an effective "monitoring" service, some form of retrieving, interrogating, and presenting company-level financial data is required. Areas of analysis where we use company-level data include: - Analysis and commentary on transactions/M&A (e.g. National Express/Stagecoach) - Monitoring companies in distress (COVID/Brexit but also airlines regularly in the usual course of business) - Ownership analysis - Stock market analysis such as comparing performance of the transport sector to the wider market - Assisting commercial teams with bespoke financial assessments. S&P's Capital IQ Pro consists of a web-based platform for interrogating company and financial market data, and an Excel add-in that allows for advanced data importing and manipulation. Capital IQ's focus on company-level data is better suited for most of our work Additional information: Please access the opportunity on the Department's e-Sourcing Portal at https://dft.app.jaggaer.com. If you require any further guidance on access the eSourcing Helpdesk will be best placed to advise. You can reach them on 0800 069 8630 or email help_uk@jaggaer.com

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-92fea6cf-d20a-4ad3-be02-6c7f24dc7790
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d9847d0e-0dcf-4d10-869d-abbe41758c77
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
Large

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
£76,000 Under £100K
Lots Value
Not specified
Awards Value
£76,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 May 20223 years ago
Submission Deadline
10 May 2022Expired
Future Notice Date
Not specified
Award Date
9 May 20223 years ago
Contract Period
10 May 2022 - 10 May 2024 2-3 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
DFTC - DEPARTMENT FOR TRANSPORT
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 4DR
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

S&P GLOBAL

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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