DDI GOFCoE Data Lead C-19

Official notice

Authority: University Of Edinburgh (Education)

ServicesAward procedure without prior publication of a call for competitionSME suitable

Sectors: Financial and insurance services (66) Delivery: Scotland (UKM75)

Awarded value£261,0002 contracts · exc. VAT

Awarded 13 May 2021no call for competition

Awarded to Stochastic Solutions Limited2 awards

What is being bought

Published requirement description

Provision of a Lead Data Analyst to deliver data science leadership and oversee a team providing analytical services for Global Open Finance Centre of Excellence (GOFCoE).

CPV: Financial consultancy, financial transaction processing and clearing-house services

The lotProcurement structure

single lot · no lot value published

Lot #1The Global Open Finance Centre of Excellence (GOFCoE), currently hosted by the…Awarded

The Global Open Finance Centre of Excellence (GOFCoE), currently hosted by the University of Edinburgh, has been rapidly developing a response to the COVID-19 pandemic with a focus on providing economic insights for public benefit. Connected to GOFCoE's objective of establishing an Economic Observatory this COVID-19 project aims to generate useful, accurate and up-to-date data-driven insights that otherwise not be available quickly enough, and/or with sufficient granularity. Insights to date have been be delivered to a range of beneficiaries in departments of Scottish and UK Governments to support their response to the pandemic and further work is required to continue to develop these insights as well as ongoing development of the Economic Observatory and other related GOFCoE projects.

To continue to support GOFCoE in these areas, the University requires ongoing support from a service provider who is certain they can meet the demanding time scales and criteria of this highly technical requirement.

Delivery: Scotland · The University of Edinburgh, subject to C19 restrictions.

66170000 Financial consultancy, financial transaction processing and clearing-house services

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 15 Jun 2021, 10:04 BST
Last source update: 19 Aug 2021, 11:35 BST
Authority reference: NCA21027
FTS notice number: 2021/S 000-020301
Classification (CPV): Financial consultancy, financial transaction processing and clearing-house services
Delivery area: Scotland (UKM75)
Official registry OCID: ocds-h6vhtk-02bc03 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: The original contract was tendered through an open procedure. One submission was received for this ITT, from Stochastic Solutions for an initial contract duration of 1 year. The University is now looking to award a further contract to Stochastic in order to continue the current work. A switch of supplier would lead to functionality issues and delays due to a change of personnel providing the service.

Publisher note: (SC Ref:664502)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 2

Awarded value £261,0002 contracts exc. VAT

Bids received 11 from SMEs

Contracts signed 2latest 13 May 2021

Awarded to	Value	Date	Status
Stochastic Solutions LimitedSME	£132,000 †	—	Awarded
Stochastic Solutions LimitedSME	£129,000 †	—	Awarded

Contracts

Contract 013456-2021-1 · Stochastic Solutions LimitedSME
Signed
13 May 2021
Value
£132,000
Status
active
Contract 020301-2021-NCA21027-1 · Stochastic Solutions LimitedSME
Signed
13 May 2021
Value
£129,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids · 1 electronic · 1 from abroad	1	—	—

Contracting authority & participating public bodies

University Of Edinburgh

Contracting authorityEducationBody governed by public lawEducation Charles Stewart House, 9-16 Chambers Street, Edinburgh, Scotland, EH1 1HTContact email

Dispute resolution & review bodies

Edinburgh Sheriff Court and Justice of the Peace CourtReview body Edinburgh

Bidders & participating suppliers

1 commercial party on the notice

Stochastic Solutions LimitedAwarded supplier 16 Summerside Stree, EDINBURGH, Scotland, EH6 4NUContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.