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Contracts FinderHM 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...
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, HMRCs 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 HMRCs 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.
Contract status | Award notice - awarded |
Value |
£2M - 5M
|
Contract can renew | No |
Contract type | Services |
Contract sectors |
|
Contract suitable for SME | Yes |
Contract suitable for VCO | No |
Contract notice published | 20 February 2017 |
Contract tender deadline |
15 August 2016
|
Contract start | 3 January 2017 |
Contract end |
31 December 2017 Add contract end date to your calendar |
Contract duration |
1 year
|
Contract value awarded |
£3.75M
|
Contract awarded | 29 December 2016 |
Supplier Name | City | Region | Country | Sme | Awarded Value |
---|---|---|---|---|---|
McKinsey and Company, Inc. United Kingdom | Wilmington | United States | No | £3.75M |