Global cost and quality comparison tool (fDi Benchmark tool)

Invest in Finland, that is a part of Business Finland Oy, is the national agency promoting Finland as a business location for international companies. In Invest in Finland's daily work there is a need to convince customer companies about the advantages of Finland as a business location. For that purpose, Invest in Finland needs objective comparison data of costs and quality factors in Finland and different competing locations. With this data, Invest in Finland is able to give reliable facts for its customers’ decision making and customize our value propositions. The object of the procurement is a tool that assesses the relative competitiveness of different locations on country and city level and across over different industry sectors. Global cost and quality comparison tool for assessing and ranking business environments between different locations (country & city level) gives instant access to hundreds of relevant quality and cost data points across 900-plus global locations in more than 65 sectors.

In accordance with the Act on Public Procurement and Concession Contracts Section 40.2.2, a contracting entity may opt for direct procurement if only a certain supplier can implement the procurement for a technical reason, or for a reason related to protecting an exclusive right; it shall be a further condition that there are no reasonable alternatives or substitute solutions, and that the absence of competition is not due to an artificial narrowing of the terms and conditions of the procurement. Invest in Finland has conducted thorough market investigation on possible tools to be used in its investment promotion activities. Invest in Finland has found that the FfDi Benchmark tool by Financial Times Ltd. is the only suitable platform to fit Invest in Finland's needs. It is the only tool to provide information of over 900 global locations. It provides also a unique scope of more than 65 sectors. In addition, it is necessary for Invest in Finland to be able to export the comparison results from the database as ppt, excel and word formats. The tool is unique and user-friendly in finding quickly reliable comparison data of different locations. The data sources are global and well-known. FDi Benchmark enables Invest in Finland to respond quickly and consistently to investment enquiries, as well as to put together business cases customised to target investors. The tool also helps Invest in Finland to identify incorrect or outdated data points used by potential investors that might be impacting on our location’s chances of being shortlisted.