Question to the Department of Health and Social Care:

To ask Her Majesty's Government, further to the Written Answer by Lord Kamall on 11 November (HL3542), when evaluating HeadUp Systems for the contract for (1) data science, and (2) health technology services, for the Health Incentives Scheme, what steps they took to evaluate whether the company’s latest accounts registered with Companies House met the criteria relating to (a) turnover, (b) quick ratio, and (c) current ratio, as set out in section 4 of the selection criteria within the Selection, Award and Evaluation Guidance.

HeadUp Systems Ltd’s turnover, quick ratio and current ratios were evaluated on the information provided in its bid through the open procurement process and assessed against the criteria set out in the Selection, Award and Evaluation Guidance.

As current turnover did not meet the criteria, as part of the financial standing assessment, the company were then evaluated based on the guarantees evidenced in the bid. HeadUp Systems Ltd were able to evidence Bank and Parent company guarantees in response to selection questionnaire question 04.1(b) of the Selection, Award and Evaluation Guidance which determined sufficient financial stability.