Provision of Consumer and Commercial Borrowing Data Services to the Office for National Statistics
Awarded 04 May 2017
About
The Office for National Statistics awarded a contract to Equifax Ltd for value-added services associated with access to consumer and commercial borrowing data, including expertise to aid understanding of the data.
The contract covers Lot 1 (Consumer Borrowing) and Lot 2 (Commercial Borrowing), providing financial account and balance sheet information on loans and credit for households, individuals, commercial companies, public sector entities, and non-profit institutions.
The data will be used to compile quarterly and annual statistics and for ad hoc analysis to support policy makers, government stakeholders, economists, market analysts, and academics, contributing to the development of enhanced financial accounts (UK flow of funds).
The contract value is £150,000.
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