Award

DDI GOFCoE Data Lead C-19

UNIVERSITY OF EDINBURGH

This public procurement record has 2 releases in its history.

Award

19 Aug 2021 at 10:35

Award

15 Jun 2021 at 09:04

Summary of the contracting process

The University of Edinburgh is seeking a service provider to deliver data science leadership and analytical services under the tender titled "DDI GOFCoE Data Lead C-19". This procurement, categorised under financial consultancy and transaction processing services, is aimed at supporting the Global Open Finance Centre of Excellence (GOFCoE) in response to COVID-19 by generating timely economic insights. The procurement method is classified as limited, and the current stage is complete, with the contract signed on 13 May 2021, valued at £129,000. The primary delivery location will be the University of Edinburgh, subject to COVID-19 restrictions.

This tender presents significant growth opportunities for businesses specialising in data analytics, financial consultancy, or technology services, particularly those able to meet the technical standards and deadlines required by the University. As Stochastic Solutions Limited has previously secured the contract, companies that can demonstrate equivalent capability and a solid understanding of the public sector's data needs would be well-positioned to compete effectively for future related contracts within the GOFCoE framework.

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Notice Title

DDI GOFCoE Data Lead C-19

Notice Description

Provision of a Lead Data Analyst to deliver data science leadership and oversee a team providing analytical services for Global Open Finance Centre of Excellence (GOFCoE).

Lot Information

Lot 1

The Global Open Finance Centre of Excellence (GOFCoE), currently hosted by the University of Edinburgh, has been rapidly developing a response to the COVID-19 pandemic with a focus on providing economic insights for public benefit. Connected to GOFCoE's objective of establishing an Economic Observatory this COVID-19 project aims to generate useful, accurate and up-to-date data-driven insights that otherwise not be available quickly enough, and/or with sufficient granularity. Insights to date have been be delivered to a range of beneficiaries in departments of Scottish and UK Governments to support their response to the pandemic and further work is required to continue to develop these insights as well as ongoing development of the Economic Observatory and other related GOFCoE projects. To continue to support GOFCoE in these areas, the University requires ongoing support from a service provider who is certain they can meet the demanding time scales and criteria of this highly technical requirement.

Procurement Information

The original contract was tendered through an open procedure. One submission was received for this ITT, from Stochastic Solutions for an initial contract duration of 1 year. The University is now looking to award a further contract to Stochastic in order to continue the current work. A switch of supplier would lead to functionality issues and delays due to a change of personnel providing the service.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02bc03
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020301-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£261,000 £100K-£500K

Notice Dates

Publication Date
19 Aug 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 May 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
elliot.freeman@outlook.com
Contact Phone
Not specified

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

STOCHASTIC SOLUTIONS

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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