Award

PS23357 - AI Assurance: Sector Economic Analysis

BEIS

This public procurement record has 1 release in its history.

Award

07 Dec 2023 at 13:02

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy (BEIS) has awarded a contract for the project titled "PS23357 - AI Assurance: Sector Economic Analysis" as part of the AI Assurance Programme under the CCS RM6126 Research & Insights DPS. This research and development services contract falls within the CPV classification of 'Research and development services and related consultancy services'. The contract was awarded to Frontier Economics Limited with a total value of £159,725. The contract period runs from 29th November 2023 to 22nd March 2024. The procurement method used was selective, specifically a call-off from a dynamic purchasing system. The tender period ended on 3rd November 2023.

This tender for AI assurance services provides an opportunity for businesses, particularly those offering AI evaluation and measurement solutions, to engage with BEIS and contribute to developing a robust UK AI assurance ecosystem. Small and medium-sized enterprises (SMEs) are well-suited to participate in this tender, given the focus on creating trustworthy AI systems. The contract's focus on responsible AI adoption aligns with global trends and UK regulatory frameworks, presenting a strategic growth opportunity for providers offering AI assurance services.

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Notice Title

PS23357 - AI Assurance: Sector Economic Analysis

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS RM6126 Research & Insights DPS. Brief Description of Requirement This piece of work falls under our AI Assurance Programme, which aims to develop a globally leading UK AI assurance ecosystem, in order to drive uptake of responsible and safe AI. AI assurance is set to play a critical role in enabling the responsible adoption of AI and supporting the UK governments' proposed regulatory framework, and was referenced in the UK's AI regulation white paper. The term 'AI assurance' is derived from accountancy, cyber security and quality management. Assurance encompasses a range of tools and services to support the evaluation and measurement of systems to provide assurance to organisations, stakeholders and members of the public that systems are trustworthy. Assurance techniques require robust measurement and evaluation techniques that rely on clear metrics and standards against which organisations can measure and then communicate (both internally and externally) that their systems are effective, reliable and ethical. To support the development of these capabilities, a robust ecosystem of different assurance providers will be required to deliver these services. To counter concerns relating to the safety and impact of artificial intelligence systems, there has been an increased focus on the development of AI assurance services to ensure the safety and security of artificial intelligence systems.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d36e6655-bf75-4970-a30f-1d2cc4a47d7a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dc27469e-6f56-4c01-815d-92fe848f79b9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£159,725 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Dec 20232 years ago
Submission Deadline
3 Nov 2023Expired
Future Notice Date
Not specified
Award Date
21 Nov 20232 years ago
Contract Period
29 Nov 2023 - 22 Mar 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BEIS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

FRONTIER ECONOMICS

Open Contracting Data Standard (OCDS)

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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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