ONS seeks new data source on UK firms’ overseas owners
Statistics agency looks to establish a single unified partnership
Credit: Piqsels
The Office for National Statistics is seeking to establish a new partnership for the provision of data concerning UK businesses with parent or subsidiary companies based overseas.
The agency has published a procurement notice outlining its intention to identify and appoint a single commercial partner that can provide such information, which is currently sourced through a combination of contracts with two separate providers.
The information being sought by the ONS – which does not pay for data itself, but may cover treatment or processing costs – includes details of “all UK businesses and their links to both domestic and foreign entities based on a threshold of 10% or greater voting share ownership”.
Related content
- ONS seeks £8m partner to help increase use of digital surveys
- Interview: deputy national statistician on legacy tech, lockdowns and a ‘leap forward’ for government’s use of data
- Could 2021 be the UK’s last census?
The statistics agency wishes to obtain “unique business identifiers… which will allow ONS to replicate the linkages [between companies] on internal systems”.
For all businesses, the office requires a UK profit and loss account, as well as the firm’s data of incorporation, legally registered name, address, registration number, and classification information.
In its search for a single supplier of all this information the ONS is particularly interested in suppliers that could “provide an API function to potentially access [and] receive linkage information and financial asset data in a live feed” .
Bids for the contract are open until 7 June with the statistics body hoping to enter into a two-year agreement with the chosen firm by the end of October.
Share this page
Tags
Categories
CONTRIBUTIONS FROM READERS
Please login to post a comment or register for a free account.
Related Articles
Suppliers and former officials have lamented the decision but procurement agency claims outgoing platform could no longer ‘accommodate growing demands’
NCDS is currently engaged in ‘moving towards new ways of working’ to reflect legislative changes
Potential providers invited to respond to early-engagement notice
Departments look to sign joint deal with a software provider and a system integrator