This public procurement record has 3 releases in its history.

Award

11 Oct 2024 at 13:32

TenderUpdate

15 Aug 2024 at 10:26

Tender

11 Jul 2024 at 09:30

Summary of the contracting process

The Department for the Economy - Invest NI has awarded contracts for the procurement of key market research and company databases under the title "DfE/Invest NI: PROCUREMENT OF KEY MARKET RESEARCH AND COMPANY DATABASES: LOTS 1-7." This process is categorized under market research services and covers services across the UK, particularly Northern Ireland. The procurement stage is complete, with the contracts awarded on various dates in September 2024. The procurement method used was an open procedure. Each lot has a one-year initial contract period with provisions for up to four one-year extensions. Notably, contract monitoring will be rigorous, with performance evaluations aligning with tender documents to ensure compliance and satisfactory delivery of services.

This tender offers considerable growth opportunities for businesses specializing in market research and information services. Given the broad scope, which includes lots focusing on market reports, industrial reports, and country risk analysis, companies with comprehensive research capabilities and robust data distribution networks will benefit most. Winning contracts such as these can enhance a company’s credibility and expand its client base, particularly within governmental and public sector markets. This is an excellent opportunity for market research firms, business consulting services, and data analytics companies to showcase their expertise and secure substantial, long-term contracts with a significant public body.

How relevant is this notice?

Notice Title

DfE/Invest NI: PROCUREMENT OF KEY MARKET RESEARCH AND COMPANY DATABASES: LOTS 1-7

Notice Description

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Lot Information

Lot 1: Consumer: Market Reports for Ireland; Food and Drink: UK Market Reports and Global Insights

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract.

Lot 2: Consumer Reports: Global: medium depth including trend analysis

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract.

Lot 3: Industrial reports: Global: Markets and Technologies research

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract.

Lot 4: Sector reports for key export markets

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract.

Lot 5: Industrial, consumer reports: High level market and economic reports worldwide

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract

Lot 6: Global: Medium level industrial reports and country risk analysis

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract

Lot 7: Company Information - Worldwide product data

Invest NI Business Information Centre (BIC) is operated by the Business Information Services team, based in the Innovation, Research and Development (IRD) Division of Invest NI. It provides a cost-effective information service to any NI company or individual wishing to develop their business, particularly when they intend to sell outside Northern Ireland. The BIC wishes to procure annual subscription licences to 7 online Market Research Information Resources which provide twenty-four seven access through a web browser to secondary market research and market analysis. This Tender has been divided into seven Lots. Each Lot will be evaluated and awarded independently. There are no restrictions on the number of Lots a Tenderer can bid for or be awarded, Tenderers may bid for one, two, three etc or all Lots as they wish. One Tenderer will be awarded per lot based on the Most Economically Advantageous Tender (MEAT). The contract duration for each lot is one year with four optional extension of up to one year each (maximum of up to 5 years).

Options: Option to extend the Contract for a further four periods of one year each subject to satisfactory performance and budgetary provision.

Renewal: A re-tender may take place following the expiry of this current contract

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047c82
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032803-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

64 - Postal and telecommunications services

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

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

64216210 - Value-added information services

72221000 - Business analysis consultancy services

73110000 - Research services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79310000 - Market research services

Notice Value(s)

Tender Value
£1,665,000 £1M-£10M
Lots Value
£1,665,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,465,000 £1M-£10M

Notice Dates

Publication Date
11 Oct 20241 years ago
Submission Deadline
13 Aug 2024Expired
Future Notice Date
Not specified
Award Date
20 Sep 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
5 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Department for the Economy - Invest NI
Additional Buyers

DfE: Invest NI

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
6
Supplier Names

EUROMONITOR INTERNATIONAL LIMITED

FITCH SOLUTIONS GROUP LIMITED

GLOBALDATA PLC

IBISWORLD LIMITED

KOMPASS UK LIMITED

MINTEL GROUP LTD

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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