Published date: 8 April 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Data services - 72300000
Location of contract
SW1A 2DY
Value of contract
£165,935
Procurement reference
tender_409943/1340841
Published date
8 April 2024
Closing date
31 March 2024
Closing time
12am
Contract start date
1 April 2024
Contract end date
31 March 2025
Contract type
Service contract
Procedure type
Negotiated procedure without prior publication (above threshold)
The opportunity was not advertised, because for example only one supplier is capable of delivering the requirement, or due to extreme urgency brought about by unforeseen events.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Global Supply chain relationship and risk data sets to 4th tier created from combining >100,000 sources of data, including shipping data, other commercial and open datasets, and unstructured data using NLP techniques. 6 risk metrics for companies and 6 risk dimensions (financial, ESG, operational, restrictions, geopolitical, and cyber). Supply chains of interest to the programme mapped both upstream and downstream to 4th tier using multi-tier, multi-factor risk monitoring methodology to reveal sub-tiers of suppliers that are connected but would otherwise be completely invisible. Map of the entire supplier network that instantly looks beyond known third party suppliers and tracks every relationship for every business that is connected to the entity of choice. Continuous risk monitoring through an automated process of assessing suppliers across key product categories for full spectrum risk data in real time and providing real-time alerts - flagging disruptive events that will impact key suppliers and / or key product categories.
More information
Award information
Awarded date
2 April 2024
Contract start date
1 April 2024
Contract end date
31 March 2025
Total value of contract
£165,935
This contract was awarded to 1 supplier.
Interos Inc.
Address
4040 Fairfax Dr. Suite 800 Arlington VA 22203, USA
Reference
No reference - other
Supplier is SME?
Yes
Supplier is VCSE?
No
About the buyer
Contact name
Department for Business & Trade
Address
Old Admiralty Building, Whitehall
London
SW1A 2DY
England
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Closing: 31 March 2024, 12am