Content Category: Business to Business
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TenderAlpha by BizPortal is a global government contracts data product consisting of more than 70 million contract awards and related private and public company data in a standardized single format. Contract awards information is scraped from different government sources, then aggregated and mapped to tickers for any publicly listed companies participating in public procurement directly and/or through subsidiaries.
BizPortal includes contracts from more than 50 countries worldwide with data back to 2009. It provides details on the tender such as whether it was a “green” contract, as well as the description, title, location, and all other associated contract values. Additionally, a forward-looking USD receivables file is provided for the most frequent awardees and largest federal suppliers in the U.S. This file forecasts future government revenue based on expected payments of outstanding contracts.
Asset Class: Public and Private Companies
Data Frequency: Daily
Delivery Frequency: Daily
History: Data available back to 2009
BizPortal extracts, parses, cleans, and harmonizes global public procurement data directly from government publications into a single standard format, regardless of the original source and data specifications. Raw data is processed in order to fit a single BizPortal format. This format is modelled after the European Commission’s guidelines on public procurement as seen in the EU’s Tenders Electronic Daily as well as the Open Contracting Data Standard of the World Bank.
BizPortal follows a three-step process from collection to the publication of the data that ensures quality and consistency:
Additionally, the data is reviewed on a monthly basis to guarantee that the entire database contains high-quality information. This review includes but is not limited to location validation, corrections for wrongly spelled information in the contract, the removal of duplicate values, and the normalization of contract metadata.
Use Cases
Alpha Signal Generation
Fundamental Investing
Build dynamic revenue prediction and growth trend analysis in order to identify companies that exhibit a sustainable competitive advantage through time.
ESG Investment
The details provided above are as of September 2020.
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