Award

Contract awarded for the procurement and implementation of a Data Quality tool

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 2 releases in its history.

Award

30 Jul 2020 at 12:10

Award Notice
Award

30 Jul 2020 at 12:08

Award Notice
Summary of the contracting process

The Financial Ombudsman Service has recently awarded a contract, valued at £695,950, for the procurement and implementation of a data quality tool to Datactics Limited. This tender represents the completion of an open procurement method following the Open Journal of the European Union (OJEU) procedure. The contract period commenced on 21 July 2020 and will last until 20 July 2023. The delivery address for the service is located in London, UK, and it falls under the software package and information systems category.

This contract presents significant opportunities for businesses in the software and data services sector, particularly small and medium-sized enterprises (SMEs) that offer innovative data quality solutions. Companies that can demonstrate high performance through the Most Economically Advantageous Tender (MEAT) criteria will find themselves well-placed to compete for similar contracts in the future. The successful implementation of this project may also inspire further contracts within the public sector, enhancing the growth prospects for relevant businesses.

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Notice Information

Notice Title

Contract awarded for the procurement and implementation of a Data Quality tool

Notice Description

This is a notice of the contract which has awarded to Datactics Limited for the procurement and implementation of a data quality tool. Datactics Limited scored the highest MEAT as part of the open OJEU procedure.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b33ceabc-cfcd-4893-8a2a-35b3c8920df4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3ba0d15e-01ab-45a9-beff-7fcfdb0eba73
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£695,950 £500K-£1M
Lots Value
Not specified
Awards Value
£695,950 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20205 years ago
Submission Deadline
10 Jan 2020Expired
Future Notice Date
Not specified
Award Date
19 Jul 20205 years ago
Contract Period
20 Jul 2020 - 20 Jul 2023 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
FINANCIAL OMBUDSMAN 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
E14 9SR
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

DATACTICS

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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