Published date: 20 February 2017

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 15 August 2016

Contract summary

Industry

  • Financial information systems - 48812000

  • Financial consultancy services - 66171000

  • Programming services of application software - 72212000

    • Data analysis services - 72316000

    • Business and management consultancy and related services - 79400000

Location of contract

London

Value of contract

£2,000,000 to £5,000,000

Procurement reference

1605-PSCR-1428/2

Published date

20 February 2017

Closing date

15 August 2016

Contract start date

3 January 2017

Contract end date

31 December 2017

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

HM Revenue & Customs (HMRC) are tendering for a partner to work alongside internal technical specialists in the development of an Insolvency Analytics Solution for managing insolvency risk.
To assist HMRC to bring in the tax owed to the Exchequer, we are seeking expertise and support from an external partner for the development of a predictive analytics solution that will alert us to emerging insolvency risk. The external partner must have highly relevant experience of modelling insolvency risk, for example from working on projects of a similar scale for other tax administrations, major retail banks, telecommunication or utility companies.
HMRC will provide its own technical specialists to work with the external partner to create the analytics solution, using (as a minimum) HMRC existing data and tools.
During the development the partner will be required to co-locate within HMRC premises and take a 'knowledge transfer' approach to provide our staff with the knowledge, skills, and technical documentation needed to iterate and adjust the analytical solution with little or no ongoing support. A requirement will be for HMRC to own the Intellectual Property Rights for the eventual analytics solution.
HMRC is currently undergoing a major IT transformation. The analytics solution must be developed in a manner that will allow it to be readily integrated into, and used on, HMRC's IT infrastructure platforms. It will also need to be sufficiently flexible for HMRC to adjust or rebuild it to retain its functionality after any changes to HMRC's IT infrastructure.
HMRC will project manage the overall insolvency analytics project to deliver the solution to operational teams, but the contractor will be required to provide the resource and the plan to manage their analysts and their work, feeding into the overall HMRC Project as a specific work stream.
HMRC is not seeking to procure any additional IT or data analytics tools as part of this procurement.
The estimated maximum value of £5 million is the total maximum budget including contingency and tendered charges therefore must be within this budget.

More information

Previous notice about this procurement

Insolvency Analytics Solution

  • Opportunity
  • Published 19 July 2016

Attachments

Links

Additional text

For further information in respect of this Notice please contact:
Tony Fellowes tel: 03000 587724 email tony.fellowes@hmrc.gsi.gov.uk
Ken Webster tel: 03000 587719 email ken webster@hmrc.gsi.gov.uk

Award information

Awarded date

29 December 2016

Contract start date

2 January 2017

Contract end date

5 September 2017

Total value of contract

£3,747,008

This contract was awarded to 1 supplier.

McKinsey & Company Inc

Address

No.1 Jermyn Street London, SW1Y 4UH

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Attachments

About the buyer

Contact name

Tony Fellowes

Address

Ralli Quays
Stanley Street
Salford
M60 9LA
England

Telephone

03000 587724

Email

tony.fellowes@hmrc.gsi.gov.uk