---
title: "Insolvency Analytics Solution"
ocid: "ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "H M REVENUE & CUSTOMS"
published: "2017-02-20"
---

# Insolvency Analytics Solution

Buyer: H M REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b

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## Summary

The procurement process pertains to the "Insolvency Analytics Solution" initiated by H M Revenue & Customs (HMRC) located in London, England. The project seeks a partner to collaborate with HMRC's technical specialists to develop a predictive analytics solution aimed at managing insolvency risk. Currently in the Award stage, the tender for this project opened on 19 July 2016 and originally closed on 15 August 2016, with a contract period spanning from 3 January 2017 to 31 December 2017. The total maximum budget for this procurement is set at £5 million, with a minimum contract value of £2 million, and the method used for procurement is the open procedure under the main category of services, specifically focusing on financial information systems.

This tender represents a lucrative opportunity for businesses specialising in financial consultancy, data analysis services, and programming of application software. Firms with a strong track record in modelling insolvency risk, particularly those experienced in collaborating with tax administrations or financial institutions, would find this opportunity particularly well-suited. The collaboration with HMRC could facilitate valuable knowledge transfer and provide the winning supplier with significant visibility and credibility within the public sector, which could lead to further growth opportunities in similar contracts.

## Notice

HM Revenue & Customs (HMRC) are tendering for a partner to work alongside internal technical specialists in the development of an Insolvency Analytics Solution for managing insolvency risk. To assist HMRC to bring in the tax owed to the Exchequer, we are seeking expertise and support from an external partner for the development of a predictive analytics solution that will alert us to emerging insolvency risk. The external partner must have highly relevant experience of modelling insolvency risk, for example from working on projects of a similar scale for other tax administrations, major retail banks, telecommunication or utility companies. HMRC will provide its own technical specialists to work with the external partner to create the analytics solution, using (as a minimum) HMRC existing data and tools. During the development the partner will be required to co-locate within HMRC premises and take a 'knowledge transfer' approach to provide our staff with the knowledge, skills, and technical documentation needed to iterate and adjust the analytical solution with little or no ongoing support. A requirement will be for HMRC to own the Intellectual Property Rights for the eventual analytics solution. HMRC is currently undergoing a major IT transformation. The analytics solution must be developed in a manner that will allow it to be readily integrated into, and used on, HMRC's IT infrastructure platforms. It will also need to be sufficiently flexible for HMRC to adjust or rebuild it to retain its functionality after any changes to HMRC's IT infrastructure. HMRC will project manage the overall insolvency analytics project to deliver the solution to operational teams, but the contractor will be required to provide the resource and the plan to manage their analysts and their work, feeding into the overall HMRC Project as a specific work stream. HMRC is not seeking to procure any additional IT or data analytics tools as part of this procurement. The estimated maximum value of PS5 million is the total maximum budget including contingency and tendered charges therefore must be within this budget. Additional information: For further information in respect of this Notice please contact: Tony Fellowes tel: 03000 587724 email tony.fellowes@hmrc.gsi.gov.uk Ken Webster tel: 03000 587719 email ken webster@hmrc.gsi.gov.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/04b283bd-9a39-463e-89c1-e6768c6b1bb3 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Feb 2017 |
| Submission deadline | 15 Aug 2016 |
| Future notice date | Not specified |
| Award date | 29 Dec 2016 |
| Contract period | 2 Jan 2017 - 5 Sep 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,000,000 |
| Lots value | Not specified |
| Awards value | £3,747,008 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | H M REVENUE & CUSTOMS |
| Locality | SALFORD |
| Post town | Manchester |
| Postcode | M60 9LA |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD34 Greater Manchester South West |
| Local authority | Salford |
| Electoral ward | Ordsall |
| Westminster constituency | Salford |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MCKINSEY |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 48812000 - Financial information systems
- 66171000 - Financial consultancy services
- 72212000 - Programming services of application software
- 72316000 - Data analysis services
- 79400000 - Business and management consultancy and related services

## Release History

- 20 Feb 2017 at 11:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/04b283bd-9a39-463e-89c1-e6768c6b1bb3
- 18 Nov 2016 at 20:16 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/525b1efb-4d4f-45c9-8f06-9dc13c02784d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/04b283bd-9a39-463e-89c1-e6768c6b1bb3
  20th February 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/525b1efb-4d4f-45c9-8f06-9dc13c02784d
  19th July 2016 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/7a29f92c-ae83-4d3e-b666-0c337d964a54
  Invitation to Tender Instructions
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/043db797-b163-4437-a145-3866e399f539
  Registration and Additional information
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/8418a271-c9a2-4a84-834b-3c0bcab9fa23
  Draft Contract
- http://ted.europa.eu/udl?uri=TED:NOTICE:247533-2016:TEXT:EN:HTML&src=0
  Contracts Notice Published in OJEU
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/6de99a9e-56b8-44d4-8a99-ffd2711a265d
  Invitation to Tender Instructions
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/115971c5-2044-4e5d-8b0e-8830d1d649cc
  Registration and Additional information
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/11ae0058-96a7-4ec5-98ed-6e8b7455d210
  Draft Contract
- https://www.contractsfinder.service.gov.uk/Notice/SupplierAttachment/d9b4abc2-d4ce-4a6d-83e8-bf7dd79021da
  Redacted Contract

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c7e22133-adc9-11e6-9901-0019b9f3037b.json.