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planned
Official procurement procedure

Early Market Engagement- Smart Data Challenge Prize Delivery Partner

Administration services
Administration software package
Business services: law
+6 more
Published value
£1,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Department for Business and Trade: "Early Market Engagement- Smart Data Challenge Prize Delivery Partner". Published status: planned. Published value: £1,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDepartment for Business and TradeScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£1,000,000
Bidder Intelligence · Authority Profile: Department for Business and Trade
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Department for Business and Trade. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.4Bids / Report
42.9% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 22 active published awards; 21 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published21 Apr 2023, 14:35 BST
Last source update21 Apr 2023, 14:35 BST
Recurring procurementNot published
ClassificationAdministration services, Administration software package, Business services: law, marketing, consulting, recruitment, printing and security, Project management consultancy services, Supervision of project and documentation
Delivery area
OCIDocds-h6vhtk-03c339
What is being bought
Smart Data enables customers to simply and securely share their data with authorised third parties, enabling innovative services (e.g., Open Banking). As part of DBT’s Smart Data Programme, we are exploring options to procure a commercial partner to deliver a Challenge Prize Programme (CPP). The Smart Data CPP will be a competition that offers incentives to whoever can most effectively develop new solutions (or “use cases”) for how Smart Data could be used across sectors, to help consumers and businesses to benefit from their data. An example of a cross-sectoral use case could be a subscription management application, that manages / aggregates or cancels subscriptions across multiple sectors. Longer term, we envisage Smart Data solutions will utilise sector-specific mandatory data sharing enabled by legislation (Smart Data schemes) in a similar way to ‘Open Banking’. As the legislation does not exist yet, this programme will use a sandbox to demonstrate how ‘real world’ Smart Data solutions can benefit consumers (through testing ‘Use Cases’). The objectives for the Smart Data CPP are to: ● Identify and incentivise the development of a range of new detailed cross-sector solutions (or “use cases”) for Smart Data ● Illustrate the potential value of Smart Data and better understand the challenges that would need to be overcome to facilitate cross-sector data sharing. We are looking to procure a delivery partner to support/lead the CPP. We envisage that it will be for the delivery partner to decide whether to deliver the CPP entirely in house or sub-contract elements . We would expect a portion of the budget to be reserved as the ‘Prize’, either as a transfer from the delivery partner or the Department for Business and Trade. Current plan is to advertise this opportunity via the Crown Commercial Services (CCS) Dynamic Purchasing System (DPS) RM6322 Fund Administration and Disbursements Services. You can register to be a part of this framework through the CCS website. Further instructions on how to register for this DPS will be discussed at the supplier event. To register your interest for this event, please email Dale Every (dale.every@beis.gov.uk) who will pass on the Teams invite to the event. The event will be held via MS Teams, on the 10th May 2023, 10am-11am BST.
What changed
From the official release history
  1. Published value updated to £1,000,000
    21 Apr 2023, 14:35 BST
  2. Status changed to planned
    21 Apr 2023, 14:35 BST
  3. Official notice release published
    21 Apr 2023, 14:35 BST
  4. Buyer information updated
    21 Apr 2023, 14:35 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    Delivery Models We are seeking to deliver a challenge prize that does the following: • Encourages the generation of ideas on potential Smart Data solutions and use cases • Provides an appropriate data source (or sources) for challenge prize participants to work with • Incentivises and facilitates participants to test detailed use cases that would benefit consumers and businesses in real-world scenarios • Rewards challenge prize participants appropriately including the declaration of an overall winner This section provides a high level overview of the primary delivery model we are seeking to implement. However, we recognise there may be alternative approaches that still achieve the objectives of the CPP. We are therefore open to alternative delivery models. The primary delivery model contains the following indicative features: • Participants are financially incentivised to develop Smart Data solutions (‘use cases’) that help consumers and businesses benefit from their data across sectors. This feature has two main goals that we see being delivered through two interdependent workstreams. The first goal is to identify ‘real world’ Smart Data solutions/ideas. We see this being delivered through ‘tech sprints’, where participants would work together to identify aspirational use cases which focus on consumer benefits, in exchange for financial awards/incentives. The second goal is to acquire the data that will be enable the Smart Data solutions/ideas to be tested. The data might be sourced through engaging data holders and intermediaries (within private and public sectors) that may be willing to make data available. Alternatively, opportunities for procuring or otherwise acquiring anonymised data and/or tailor-made synthetic data could be explored. We see this data being made available to participants through the procurement/creation of a secure data sandbox environment. • Review identifies which use cases to progress to a second stage of the challenge. Using pre-defined criteria, a review would identify which Smart Data solutions would be selected to progress to a second stage of the challenge. • Several challenge participants test their solutions through functional prototyping, with access to data & funding. Once selected, participants will test their solutions using the sourced data. Support ranging from, but not limited to, grants, product design and partner networking can be made available to incentivise and assist participants. • Participant solutions are assessed for a winner to be declared. Each solution would be judged by a panel. The winning solution would then be announced with the innovator being awarded a financial reward. The winning prize would be evaluated to illustrate the potential value of Smart Data to businesses and consumers. The sequencing, phasing and timings within this high-level model could vary according to the approaches suppliers may propose. Indicative budget breakdown As a planning assumption, there would be a budget range of £1-3 million available for delivery of the challenge prize across financial years 2023/24 and 2024/25. We anticipate proposed budgets would cover items such as delivery costs, use case identification incentives, prize money, possible data partnership(s), sandbox development and evaluation. Please note, commercial and budgetary commitments are subject to Ministerial approval. Governance structure and accountabilities The proposed CPP will be enabled by a robust governance structure, with clear responsibilities of the different agents involved in the Programme and the relationships of accountability between these. A suggested governance model will be shared in the upcoming supplier engagement event. We envisage working with a delivery partner to align organisational governance structures so that the CPP can be represented at and feed into the overarching Smart Data Programme Board and SRO (Senior Responsible Owner). Other Considerations Additional information: There are several other considerations that go beyond the scope of this notice that can be discussed at the upcoming pre-market engagement event. These include: • Stakeholder approach • Communication strategy • Eligibility criteria • Evaluation of lessons • Systems and infrastructure • Resource planning and alignment • potential risks and mitigation strategies • Judging criteria and panel • Data
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    21 Apr 2023, 14:35 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Department for Business and Trade

Contracting authority GB-FTS-80863
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published