Award

NCA20865 DDI Stochastic Solutions Ltd

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Summary of the contracting process

The procurement process was conducted by the University of Edinburgh, which aimed to secure expert data science consultancy services through an open tender method. The procurement category falls under the education industry, with the contract specifically targeting the development of Open Finance data services on WCDI. The award contract, worth £150,000, was officially signed on 6th June 2019, with the relevant location specified as Edinburgh, UK. The procurement process is currently at the Award stage.

This tender presents a valuable opportunity for businesses specialising in data science consultancy services, particularly those with expertise in strategic advice and data analysis. Companies that are proficient in training staff in analytical methods and familiar with open-source software tools will be well-positioned to compete. Small to medium-sized enterprises (SMEs) may find this contract particularly accessible given the specific technical requirements highlighted by the University of Edinburgh.

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Notice Title

NCA20865 DDI Stochastic Solutions Ltd

Notice Description

Expert data science consultancy services to assist in the development of Open Finance data services on WCDI including: 1 Strategic advice, options analysis etc. 2 analysis, data auditing and data testing services using pre-existing software tools from the supplier, or use of other open source software tools 3 Practical training of University staff in the use of software tools and associated analytical methods

Lot Information

Lot 1

1.Expert data science consultancy services to assist in the development of Open Finance data services on WCDI including: 2. Strategic advice , options analysis etc. 3. analysis, data auditing and data testing services using pre-existing software tools from the supplier, or use of other open source software tools 4. Practical training of University staff in the use of software tools and associated analytical methods Name, address and Company Registration Number of proposed supplier: Name: Stochastic Solutions Limited Registered office: 16 Summerside Street, Edinburgh, EH6 4NU Company number: SC329851 Under Regulation Reg. 6(1)(a) of the Procurement (Scotland) Regulations 2016, a contracting authority may award a contract without competition based on following justification: Where the supplies or services can be supplied only by a particular supplier for the following reason: Competition is absent for technical reasons (only if it is not caused by artificial narrowing down of the parameters of the procurement and no reasonable alternative or substitute exists); Reg. 6(1)(b)(ii).

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000589520
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL359100
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72316000 - Data analysis services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£150,000 £100K-£500K

Notice Dates

Publication Date
2 Jul 20196 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Jun 20196 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
andrew.helmn@ed.ac.uk
Contact Phone
+44 1316502508

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

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL359100
    NCA20865 DDI Stochastic Solutions Ltd - Expert data science consultancy services to assist in the development of Open Finance data services on WCDI including: 1 Strategic advice, options analysis etc. 2 analysis, data auditing and data testing services using pre-existing software tools from the supplier, or use of other open source software tools 3 Practical training of University staff in the use of software tools and associated analytical methods

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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