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

A Contract Award Notice
by INVEST NORTHERN IRELAND

Source
Find a Tender
Type
Contract (Services)
Duration
5 year (est.)
Value
£250K
Sector
TECHNOLOGY
Published
15 Mar 2024
Delivery
To 15 Mar 2029 (est.)
Deadline
n/a

Concepts

Location

Belfast

Geochart for 2 buyers and 2 suppliers

Description

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 Division

1 Provision of A FDI Market Intelligence Tool
Award Criteria
AC1 Accessibility and Range of Data 9.0
AC2 Contingency, Escalation and Training 9.0
AC3 Social Value 12.0
AC4 Total Contract Price 70.0
2 Provision of a FDI Location Benchmarking Tool
Award Criteria
AC1 Methods and Sources of Data Collection 9.0
AC2 Contingency, Escalation and Training 9.0
AC3 Social Value 12.0
AC4 Total Contract Price 70.0

Award Detail

1 Financial Times Limitedthe (London)
  • Lot 1 - Provision of A FDI Market Intelligence Tool
  • Reference: 1
  • Num offers: 1
  • Value: £250,000
2 Financial Times Limitedthe (London)
  • Lot 2 - Provision of a FDI Location Benchmarking Tool
  • Reference: 2
  • Num offers: 1
  • Value: £250,000

Renewal 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.

CPV Codes

  • 72000000 - IT services: consulting, software development, Internet and support
  • 72260000 - Software-related services
  • 72316000 - Data analysis services
  • 48100000 - Industry specific software package
  • 48220000 - Internet and intranet software package
  • 48610000 - Database systems
  • 48600000 - Database and operating software package

Indicators

  • Options are available.
  • Award on basis of price and quality.

Other Information

Contract monitoring: the successful contractor’s performance on the contract will be regularly monitored. Contractors not delivering on contract requirements is a serious matter. It means the public purse is not getting what it is paying for. If a contractor fails to reach satisfactory levels of contract performance they will be given a specified time to improve. If, after the specified time, they still fail to reach satisfactory levels of contract performance, the matter will be escalated to senior management in construction and procurement delivery (CPD) for further action. If this occurs and their performance still does not improve to satisfactory levels within the specified period, this may be considered grounds for termination of the contract at your expense as provided for in the Conditions of Contract. In lieu of termination, CPD may issue a Notice of Written Warning or a Notice of Unsatisfactory Performance. A supplier in receipt of multiple Notices of Written Warning or a Notice of Unsatisfactory Performance may, in accordance with The Public Contracts Regulations 2015 (as amended), be excluded from future public procurement competitions for a period of up to three years.

Reference

Domains