Interserve’s failure: Making the case for procurement data
In this Intelligence report, we examine how public procurement data could have flagged the construction giant’s demise ahead of time. We also highlight a few suitable alternative data providers for readers interested in incorporating this type of data in their analysis.
HINDSIGHT IS 20/20
While it’s easy to scrutinize over a year after the fact, it must be noted that procurement data providers were publicly sharing their proprietary insights on Interserve’s fragile financial state as early as March 2018. Some of the insights they were able to extrapolate from their database of tenders and contracts are as follows: