Early Market Engagement- Smart Data Challenge Prize Delivery Partner

Smart Data enables customers to simply and securely share their data with authorised third parties, enabling innovative services (e.g., Open Banking). As part of DBT’s Smart Data Programme, we are exploring options to procure a commercial partner to deliver a Challenge Prize Programme (CPP). The Smart Data CPP will be a competition that offers incentives to whoever can most effectively develop new solutions (or “use cases”) for how Smart Data could be used across sectors, to help consumers and businesses to benefit from their data. An example of a cross-sectoral use case could be a subscription management application, that manages / aggregates or cancels subscriptions across multiple sectors. Longer term, we envisage Smart Data solutions will utilise sector-specific mandatory data sharing enabled by legislation (Smart Data schemes) in a similar way to ‘Open Banking’. As the legislation does not exist yet, this programme will use a sandbox to demonstrate how ‘real world’ Smart Data solutions can benefit consumers (through testing ‘Use Cases’). The objectives for the Smart Data CPP are to: ● Identify and incentivise the development of a range of new detailed cross-sector solutions (or “use cases”) for Smart Data ● Illustrate the potential value of Smart Data and better understand the challenges that would need to be overcome to facilitate cross-sector data sharing. We are looking to procure a delivery partner to support/lead the CPP. We envisage that it will be for the delivery partner to decide whether to deliver the CPP entirely in house or sub-contract elements . We would expect a portion of the budget to be reserved as the ‘Prize’, either as a transfer from the delivery partner or the Department for Business and Trade. Current plan is to advertise this opportunity via the Crown Commercial Services (CCS) Dynamic Purchasing System (DPS) RM6322 Fund Administration and Disbursements Services. You can register to be a part of this framework through the CCS website. Further instructions on how to register for this DPS will be discussed at the supplier event. To register your interest for this event, please email Dale Every (dale.every@beis.gov.uk) who will pass on the Teams invite to the event. The event will be held via MS Teams, on the 10th May 2023, 10am-11am BST.