Contract award · 4 Feb 2026

DECON-Labour Market Statistics and Financial Data Feasibility Project

Scottish Government awarded “DECON-Labour Market Statistics and Financial Data Feasibility Project” to Smart Data Foundry for £148k on 4 Feb 2026.

Research & developmentScotland

Value £148k

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Scottish Government · Ministry or any other national or federal authority, including their regional or local subdivisions
Value
£148,000
Procedure
Open procedure
Sector
Research & development · Research services (CPV 73110000)
Region
Scotland
Timeline
  1. Contract date4 Feb 2026
  2. Published10 Feb 2026Published 6 days after the contract date

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). 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 off…

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