---
title: "ID 5214618 DFE - INVEST NI - FOREIGN DIRECT INVESTMENT MARKET INTELLIGENCE TOOL AND FOREIGN DIRECT INVESTMENT LOCATION BENCHMARKING TOOL"
ocid: "ocds-h6vhtk-0422f3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0422f3"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0422f3.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0422f3.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "INVEST NORTHERN IRELAND"
published: "2024-03-15"
---

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

Buyer: INVEST NORTHERN IRELAND  
Current stage: Award  
OCID: ocds-h6vhtk-0422f3

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## Summary

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.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/008332-2024 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Mar 2024 |
| Submission deadline | 15 Jan 2024 |
| Future notice date | Not specified |
| Award date | 14 Mar 2024 |
| Contract period | Not specified |
| Recurrence | This contract will potentially be due to be re-procured after the initial contract period and any / or following any extensions. |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | £500,000 |
| Awards value | Not specified |
| Contracts value | £250,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active, Unsuccessful |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | INVEST NORTHERN IRELAND |
| Locality | N/A |
| Post town | Northern Ireland |
| Postcode | BT2 7ES |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Central |
| Westminster constituency | Belfast South and Mid Down |
| Delivery location | TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FINANCIAL TIMES LIMITEDTHE |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### 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

## Release History

- 15 Mar 2024 at 10:28 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008332-2024
- 1 Mar 2024 at 10:18 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/006627-2024
- 8 Dec 2023 at 16:51 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036287-2023

## Notice URLs

- https://etendersni.gov.uk/epps

## 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-h6vhtk-0422f3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0422f3.json.