---
title: "DECON-Labour Market Statistics and Financial Data Feasibility Project"
ocid: "ocds-r6ebe6-0000809565"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000809565"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000809565.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000809565.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH GOVERNMENT"
published: "2026-02-10"
---

# DECON-Labour Market Statistics and Financial Data Feasibility Project

Buyer: SCOTTISH GOVERNMENT  
Current stage: Award  
OCID: ocds-r6ebe6-0000809565

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## Summary

The Scottish Government has completed the award stage of a public procurement process titled "DECON-Labour Market Statistics and Financial Data Feasibility Project". This project falls under the services category, specifically related to general public services, and will be conducted in Edinburgh, UKM. The procurement process, which followed an open procedure, aimed to commission a feasibility study to utilize anonymised financial data for enhancing labour market statistics in Scotland. The awarded contract, valued at £148,000, was signed on 4th February 2026 with Smart Data Foundry as the supplier, concluding the evaluation initiated in September 2025. The project's completion will provide crucial insights into labour trends, contributing to national statistics and policy-making.

This tender provides significant opportunities for businesses specialising in data analytics, particularly those with expertise in handling large datasets and financial data interpretation. Companies involved in financial technology, economic research, and statistical analysis are likely to benefit substantially as they can utilise such projects to demonstrate their capabilities and establish their expertise in data-driven decision-making for governmental bodies. The requirement for development and validation of datasets presents a robust business growth avenue, especially for larger enterprises or SMEs with innovative data solutions. Engaging in such a project would not only enhance a company's portfolio but also position it advantageously for future government contracts related to data analytics and public services.

## Notice

The Scottish Government's Labour Market Statistics team has awarded a contract for a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities).

### Lot Information

Lot 1

The Scottish Government's Labour Market Statistics team has awarded a contract for a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities). Objectives - Evaluate the feasibility of using financial data to enhance Scottish labour market statistics on employment, unemployment and economic inactivity. - Develop a Scotland-specific dataset using anonymised financial data for feasibility analysis - Validate Scotland-specific dataset against official statistics (e.g., Census 2022). - Develop inference methodology and provide strategic recommendations for future data use in Scotland and the rest of the UK based on this. Scope of Requirement The requirement is for services. Specifically, we ask that suppliers provide the following, however, bidders are invited to suggest alternative approaches that could also meet the needs of the specification: - Segmentation and categorisation of suppliers financial datasets to meet Scotland and sub-Scotland level breakdowns and categorisations of data, with a focus on demonstrating high quality data and robust sample sizes. - Validation of dataset and research outputs against official national statistics, including the Scottish Census and other reference datasets, to evidence representativeness of the data based on criteria to be agreed, and accuracy of outputs. - Methodology development to establish economic trends from suppliers financial data, specifically employment, unemployment and economic inactivity (see glossary). - Data analysis services using anonymised financial data that the suppliers have access to, analyse outputs for trends in employment, unemployment and economic inactivity, alongside other economic variables, for Scotland and sub-Scotland geographies and different population groups. - Geodemographic analysis to identify labour market trends across sex, age, and Local Authority as a minimum, although breakdowns by other protected equality characteristics would be beneficial. - Strategic reporting to summarise methodologies and findings and potential uses of financial data in economic trends, recommend data provision formats and frequencies for ongoing delivery of data, and identify gaps in current labour market data provision.

Renewal: May be extended by one period of up to two months at the discretion of Scottish Ministers.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB549203 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Feb 2026 |
| Submission deadline | 8 Oct 2025 |
| Future notice date | Not specified |
| Award date | 4 Feb 2026 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £148,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £148,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH GOVERNMENT |
| Locality | EDINBURGH |
| Post town | Edinburgh |
| Postcode | EH6 6QQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SMART DATA FOUNDRY |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 71241000 - Feasibility study, advisory service, analysis
- 73110000 - Research services
- 79310000 - Market research services
- 79311400 - Economic research services
- 79314000 - Feasibility study

## Release History

- 10 Feb 2026 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB549203
- 8 Sep 2025 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP538714

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP538714
  DECON-Labour Market Statistics and Financial Data Feasibility Project - The Scottish Government's Labour Market Statistics team seeks to commission a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities).
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB549203
  DECON-Labour Market Statistics and Financial Data Feasibility Project - The Scottish Government's Labour Market Statistics team has awarded a contract for a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities).

## Notice URLs

- http://
- http://www.publictendersscotland.publiccontractsscotland.gov.uk
- http://www.scotland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000809565
- https://www.publictendersscotland.publiccontractsscotland.gov.uk
- https://www.scotcourts.gov.uk/the-courts/court-locations/edinburgh-sheriff-court-and-justice-of-the-peace-court

## 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-r6ebe6-0000809565. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000809565.json.