Contract

DECON-Labour Market Statistics and Financial Data Feasibility Project

  • Scottish Government

F03: Contract award notice

Notice identifier: 2026/S 000-011640

Procurement identifier (OCID): ocds-h6vhtk-0595af

Published 10 February 2026, 9:21am



Section one: Contracting authority

one.1) Name and addresses

Scottish Government

Victoria Quay

Edinburgh

EH6 6QQ

Email

marc.jones@gov.scot

Country

United Kingdom

NUTS code

UKM - Scotland

Internet address(es)

Main address

http://www.scotland.gov.uk

Buyer's address

https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA10482

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

DECON-Labour Market Statistics and Financial Data Feasibility Project

Reference number

795891

two.1.2) Main CPV code

  • 79310000 - Market research services

two.1.3) Type of contract

Services

two.1.4) Short description

The Scottish Government’s Labour Market Statistics team has awarded a contract for a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities).

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £148,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 73110000 - Research services
  • 79311400 - Economic research services
  • 71241000 - Feasibility study, advisory service, analysis
  • 79314000 - Feasibility study

two.2.3) Place of performance

NUTS codes
  • UKM - Scotland

two.2.4) Description of the procurement

The Scottish Government’s Labour Market Statistics team has awarded a contract for a feasibility study to assess the potential of using anonymised financial data to enhance national and sub-national labour market statistics. The feasibility study will establish if and how we can extract and assess labour market trends such as employment, unemployment and economic inactivity from financial data such as bank transactions, payroll records, or other administrative financial data. The ultimate aim of this study is to establish whether or not this type of data and methodology could add valuable insights to our existing statistics on an ongoing basis (subject to future procurement activities).

Objectives

- Evaluate the feasibility of using financial data to enhance Scottish labour market statistics on employment, unemployment and economic inactivity.

- Develop a Scotland-specific dataset using anonymised financial data for feasibility analysis

- Validate Scotland-specific dataset against official statistics (e.g., Census 2022).

- Develop inference methodology and provide strategic recommendations for future data use in Scotland and the rest of the UK based on this.

Scope of Requirement

The requirement is for services. Specifically, we ask that suppliers provide the following, however, bidders are invited to suggest alternative approaches that could also meet the needs of the specification:

- Segmentation and categorisation of suppliers financial datasets to meet Scotland and sub-Scotland level breakdowns and categorisations of data, with a focus on demonstrating high quality data and robust sample sizes.

- Validation of dataset and research outputs against official national statistics, including the Scottish Census and other reference datasets, to evidence representativeness of the data based on criteria to be agreed, and accuracy of outputs.

- Methodology development to establish economic trends from suppliers financial data, specifically employment, unemployment and economic inactivity (see glossary).

- Data analysis services using anonymised financial data that the suppliers have access to, analyse outputs for trends in employment, unemployment and economic inactivity, alongside other economic variables, for Scotland and sub-Scotland geographies and different population groups.

- Geodemographic analysis to identify labour market trends across sex, age, and Local Authority as a minimum, although breakdowns by other protected equality characteristics would be beneficial.

- Strategic reporting to summarise methodologies and findings and potential uses of financial data in economic trends, recommend data provision formats and frequencies for ongoing delivery of data, and identify gaps in current labour market data provision.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

Price - Weighting: 20

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2025/S 000-054594


Section five. Award of contract

Contract No

795891

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

4 February 2026

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Smart Data Foundry

Edinburgh Futures Institute, Lauriston Place

Edinburgh

EH3 9EF

Country

United Kingdom

NUTS code
  • UKM75 - Edinburgh, City of
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £148,000


Section six. Complementary information

six.3) Additional information

(SC Ref:823222)

six.4) Procedures for review

six.4.1) Review body

Edinburgh Sheriff Court and Justice of the Peace Court

27 Chambers Street

Edinburgh

EH1 1LB

Country

United Kingdom