Source: https://tendernation.io/opportunities/01a13c17-6569-7153-b847-173b8fa7d715/insolvency-analytics-solution awarded GB open procedure Suitable for SMEs # Insolvency Analytics Solution [H M Revenue & Customs](https://tendernation.io/buyers/h-m-revenue-customs) Estimated value £2,000,000 to £5,000,000 Published 19 Jul 2016 Deadline Closed 15 Aug 2016 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender 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. Additional information: For further information in respect of this Notice please contact: Tony Fellowes tel: 03000 587724 email Ken Webster tel: 03000 587719 email ken Read full description ## CPV classification Financial information systems Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/c7e22133-adc9-11e6-9901-0019b9f3037b) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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