ID 5214618 DFE - INVEST NI - FOREIGN DIRECT INVESTMENT MARKET INTELLIGENCE TOOL AND FOREIGN DIRECT INVESTMENT LOCATION BENCHMARKING TOOL

Invest Northern Ireland

This public procurement record has 3 releases in its history.

Award

15 Mar 2024 at 10:28

Award

01 Mar 2024 at 10:18

Tender

08 Dec 2023 at 16:51

Summary of the contracting process

Invest Northern Ireland recently completed a procurement process for the provision of a Foreign Direct Investment Market Intelligence Tool and a Foreign Direct Investment Location Benchmarking Tool. The tender, classified under IT services and awarded through a limited procurement method, was divided into two lots. The successful contractors, Financial Times Limited, were awarded the contracts worth £250,000 each on 14th March 2024. Invest Northern Ireland is the buying organisation based in Belfast, UK. This procurement opportunity has now closed.

This tender for IT services presents opportunities for businesses providing consulting, software development, and support related to market intelligence and location benchmarking tools. Being especially suited to large-scale suppliers, the contract has the potential for subsequent extensions after an initial three-year period. Businesses interested in providing data analysis services, software-related services, and Internet packages should consider future similar tenders from Invest Northern Ireland.

How relevant is this notice?

Notice Title

ID 5214618 DFE - INVEST NI - FOREIGN DIRECT INVESTMENT MARKET INTELLIGENCE TOOL AND FOREIGN DIRECT INVESTMENT LOCATION BENCHMARKING TOOL

Notice Description

Within Invest NI, the International Investment Division has specific responsibility for attracting and negotiating new Foreign Direct Investment for Northern Ireland. Through its network of overseas offices and contacts, Invest NI promotes the benefits of setting up in Northern Ireland. In order to ensure they have they most accurate information, the International Investment Division require access to two databases, which are being procured as part of this contract. This contract has been divided into two Lots. Lot 1, the provision of a FDI Market Intelligence Tool and Lot 2, provision of a FDI Location Benchmarking Tool. One Contractor will be awarded each lot however, there are no restrictions on the number of Lots a Tenderer can bid for or be awarded. Therefore, Tenderers may tender for one, or both Lots as they wish. Please see ID 5214618 Specification for further information.

Lot Information

Lot 1 - Provision of A FDI Market Intelligence Tool

Within Invest NI, the International Investment Division has specific responsibility for attracting and negotiating new Foreign Direct Investment for Northern Ireland. Through its network of overseas offices and contacts, Invest NI promotes the benefits of setting up in Northern Ireland. In order to ensure they have they most accurate information, the International Investment Division require access to two databases, which are being procured as part of this contract. This contract has been divided into two Lots. Lot 1, the provision of a FDI Market Intelligence Tool and Lot 2, provision of a FDI Location Benchmarking Tool. One Contractor will be awarded each lot however, there are no restrictions on the number of Lots a Tenderer can bid for or be awarded. Therefore, Tenderers may tender for one, or both Lots as they wish. Please see ID 5214618 Specification for further information.

Options: After the initial contract period of three years, there are two options to extend the contract for up to one year on each occasion.

Renewal: As per Contract Documents

Lot 2 - Provision of a FDI Location Benchmarking Tool

Within Invest NI, the International Investment Division has specific responsibility for attracting and negotiating new Foreign Direct Investment for Northern Ireland. Through its network of overseas offices and contacts, Invest NI promotes the benefits of setting up in Northern Ireland. In order to ensure they have they most accurate information, the International Investment Division require access to two databases, which are being procured as part of this contract. This contract has been divided into two Lots. Lot 1, the provision of a FDI Market Intelligence Tool and Lot 2, provision of a FDI Location Benchmarking Tool. One Contractor will be awarded each lot however, there are no restrictions on the number of Lots a Tenderer can bid for or be awarded. Therefore, Tenderers may tender for one, or both Lots as they wish. Please see ID 5214618 Specification for further information.

Options: After the initial contract period of three years, there are two options to extend the contract for up to one year on each occasion.

Renewal: As per Contract Documents

Procurement Information

As per Article 32(2)(a) where no tenders, no suitable tenders, no requests to participate or no suitable requests to participate have been submitted in response to an open procedure or a restricted procedure, provided that the initial conditions of the contract are not substantially altered and that a report is sent to the Commission where it so requests, no suitable tender was received for notice ref 2023/S 000-036287, therefore with no changes to the initial conditions of the contract Invest NI moved from open to negotiated procedure without prior publication.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0422f3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008332-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

72 - IT services: consulting, software development, Internet and support


CPV Codes

48100000 - Industry specific software package

48220000 - Internet and intranet software package

48600000 - Database and operating software package

48610000 - Database systems

72000000 - IT services: consulting, software development, Internet and support

72260000 - Software-related services

72316000 - Data analysis services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£250,000 £100K-£500K

Notice Dates

Publication Date
15 Mar 20242 years ago
Submission Deadline
15 Jan 2024Expired
Future Notice Date
Not specified
Award Date
14 Mar 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
This contract will potentially be due to be re-procured after the initial contract period and any / or following any extensions.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Invest Northern Ireland
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT2 7ES
Postcode Area
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

FINANCIAL TIMES LIMITEDTHE

Further Information

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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