Decision details

waiver to contract with Beauhurst (Business Funding Research Ltd) business data service, to provide the council with granular business data through access to its online data platform in accordance with Contract Standing Orders (CSO) 10.01.1(b) and 10

Decision Maker: Assistant Director for Regeneration and Economic Development

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

For the Head of Programme Management for Regeneration and Economic Development to approve the waiver of CSO 8.03, as allowed under CSO 10.01.1(b) to contract with Beauhurst (Business Funding Research Ltd), up to the sum of £20,600+ VAT up to 31 March 2026 and will be funded through the Labour Market Resilience Fund.

Reasons for the decision:

The procurement of a business data service was initially conducted in July 2022, and following a competitive tender process, Beauhurst (Business Funding Research Ltd) were awarded the contract, on an initial one-year basis.

The platform has already helped to inform strategic policy and business support programmes; helped to provide contact details of businesses for the UKSPF funded High-Growth Business Support programme; identified newly incorporated businesses to be engaged; assisted with the mapping of businesses for the development of sector plans; and supported the Carbon Management team to identify businesses for their Haringey Innovate UK Fast Followers Programme.

It is critical to support the inclusive economy service going forward to engage new businesses in the borough with programmes, forums and business support.

Alternative options considered:

Do Nothing
If the council did not award a contract for this work, it would limit the inclusive economy service in addressing priority outcomes of the Corporate Delivery Plan and Opportunity Haringey themes, primarily to support businesses and high streets, deliver affordable workspace and deliver high growth sector plans
Use other external data sources
While the council has access to a number of external data sources (e.g., GLA London Datastore, LG Inform, ONS), they do not provide the same level and type of granular data that tracks and profiles every business in Haringey with a specific specialism on identifying high-growth businesses.

Publication date: 21/03/2025

Date of decision: 21/03/2025

Accompanying Documents: