Tender

International Equity Finance Licenses

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 2 releases in its history.

TenderAmendment

16 Mar 2022 at 16:08

Tender Notice
Tender

03 Feb 2022 at 11:34

Tender Notice
Summary of the contracting process

The UK Shared Business Services Limited is conducting a procurement process for "International Equity Finance Licenses" as part of its initiative to enhance the small business finance markets within the UK. The process is currently in the Tender stage, with a final deadline for bid submissions set for Thursday, 17th February 2022 at 2pm. Interested parties are required to submit their bids through the Delta eSourcing Portal, and must ensure compliance with the Public Procurement Regulations. This procurement, classified under software package and information systems, is valued at £39,000 and will facilitate access to critical equity finance data essential for understanding investment trends both in the UK and internationally, particularly in the USA.

This tender represents an opportunity for businesses specialising in financial software solutions and data analytics to expand their operations by providing necessary licensing services and training. Companies that focus on equity finance, research data platforms, or those offering training and support for technology implementation are well-suited to participate in this procurement. The successful bidder will not only deliver user licences but also ensure ongoing training and support, thereby positioning themselves as an integral partner in enhancing data-driven decision-making for the UK Shared Business Services.

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Notice Information

Notice Title

International Equity Finance Licenses

Notice Description

***This tender requirement was abandoned prior to a contract award decision because no compliant bids were received**** The final date and time for the submission of bids is Thursday 17th February 2022 at 2pm. DO NOT apply directly to the buyer. All tender information MUST be submitted through the Delta eSourcing Portal. How to Apply To register on the Delta eSourcing portal please use the link https://www.delta-esourcing.com/ and follow the instructions to register. If you are already registered on the Delta eSourcing Portal and wish to participate in this procurement, please use the link: https://www.delta-esourcing.com/ and the follow the instructions to 'Log in' Once you are logged into the system you can link yourself into this procurement using the following Access Codes: PJ7Z6E8597. All tender documentation will be included within the Delta Portal once accessed. Introduction The Business Growth directorate holds policy responsibility to ensure the small business finance markets in the UK are functioning correctly, with some of our work relating to private equity markets. The Business Growth Analysis and International division provides key analysis on equity finance deals, trends, and characteristics. In order to properly facilitate this objective, international comparison is necessary in order to best equip UK businesses and markets for the global market. We are already provided access to UK data from a separate UK-focused platform, however we require this additional access to this additional platform to receive information on global equity, especially the USA. Requirements To be delivered are 3 user licences for access to platform. This procurement would lead to 3 licences being provided to BGAI, which will allow download of data in CSV or Excel file, and also the appropriate training for platform usage and best practices. Training will be expected to be provided year on year. Key outputs from the platform will be quantitative data on investment deals, as well as specific company information for high growth companies operating in the UK and internationally (US data essential). The platform should enable users to query this data by criteria including location, sector, technology theme, size, company stage and type of investment. The platform also should allow users to sum company and investment data over specific time periods to produce aggregate statistics, the time period that the information should cover from is 2010. The international comparability of the data means it could be used to analyse the level of equity investment in UK against other countries. This will enable BGAI to identify areas where the UK has a large share of the global market and a potential comparative advantage. Additional information: DO NOT APPLY DIRECTLY TO BUYER All submissions will be assessed in accordance with the Public Procurement Regulations that apply to this opportunity. Responses must be received by the date and time in the tender documentation; responses received outside of the deadline or not sent via the Delta eSourcing portal will not be accepted or considered by the Contracting Authority further for this opportunity. Interested organisations should ensure that they allow a sufficiency of time, prior to the deadline to allow all sections to be completed in full and any attachments to be uploaded. As a user of the Delta eSourcing Portal you will have access to the Delta messaging service which facilitates all messages sent to you and from you, as well as other messages and updates in relation to any specific tender event. Please note that any and all information secured outside of the messaging service, shall have no merit or worth and should not be relied upon by any organisation submitting a tender response. Please note it is your organisations responsibility to access these messages on a regular basis to ensure you have sight of all relevant information applicable to this opportunity. The Contracting Authority expressly reserves the right: i. not to award any contract as a result of the procurement process commenced by publication of this notice; and ii. to make whatever changes it may see fit to the content and structure of the procurement; and under no circumstances as part of your organisations participation in this opportunity, will the Contracting Authority be liable for any costs incurred by any organisation as a result. If the Contracting Authority decides to enter into a contract with any successful organisation(s), this does not mean that there is any guarantee of subsequent contracts being awarded. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of your organisation in doing so. About UK Shared Business Services UK Shared Business Services Ltd (UK SBS) brings a commercial attitude to the public sector; helping our contracting authorities to improve efficiency, generate savings and modernise. Where UK SBS is not named as the Contracting Authority within the documentation, UK SBS will be acting as an agent on behalf of the Contracting Authority. Our broad range of expert services is shared by our customers. This allows our customers the freedom to focus resources on core activities; innovating and transforming their own organisations. For full details of our partner base please review the following link: http://www.uksbs.co.uk/services/procure/contracts/Pages/default.aspx

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-df847a4d-740f-4f03-a4b6-7fa7e26a2ae9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d8847cd1-9d7b-4f99-90ad-9309d5475c6d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48000000 - Software package and information systems

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£39,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20223 years ago
Submission Deadline
17 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2023 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Not specified
Contact Email
ddatprocurement@uksbs.co.uk
Contact Phone
Not specified

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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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