Award

Provision of Insolvency Risk Data Services

THE BUSINESS GROWTH HUB LIMITED

This public procurement record has 2 releases in its history.

Award

18 May 2022 at 11:02

Award Notice
Tender

18 May 2022 at 10:53

Tender Notice
Summary of the contracting process

The Business Growth Hub Limited is conducting a procurement process for the "Provision of Insolvency Risk Data Services" to source an online database of UK businesses. This service, classified under Data services (CPV 72300000), will assist in evaluating financial health and predicting insolvency risks. The contract, valued at £50,000, is currently at the Award stage, with the contract period running from 1st February 2022 to 31st January 2023. The tender initially closed on 31st January 2022 and was published on 18th May 2022, with a primary delivery location in the North West of England.

This opportunity presents significant potential for growth for small and medium-sized enterprises (SMEs) offering data services or database management solutions. Businesses with expertise in financial analytics, risk assessment tools, and innovative data solutions would be especially suited to compete. Engaging in this procurement could foster new partnerships and increase market reach for companies capable of delivering quality data services that meet the operational needs of the Business Growth Hub.

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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-caa885a1-9fb2-4a06-a9e7-13fd7492b89d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5454f706-f33d-4999-ba52-0736d5a5e4ff
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
SME

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
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20223 years ago
Submission Deadline
31 Jan 2022Expired
Future Notice Date
Not specified
Award Date
8 Feb 20224 years ago
Contract Period
9 Feb 2022 - 31 Jan 2023 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

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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