Award

Provision of Economic Impact Assessment for Falmouth University

FALMOUTH EXETER PLUS

This public procurement record has 2 releases in its history.

Award

11 Feb 2022 at 15:23

Award Notice
Tender

21 Jul 2020 at 12:33

Tender Notice
Summary of the contracting process

Falmouth University, through Falmouth Exeter Plus, has completed the procurement process for a contract titled "Provision of Economic Impact Assessment for Falmouth University." This tender aimed at assessing the university's economic impact on Cornwall and beyond is classified under business services, specifically consulting. The procurement method used was an open procedure below the threshold, with the tender period concluding on 21 August 2020. The contract, valued at £26,696, commenced on 5 October 2020, and will run until 6 October 2021. Interested parties could submit queries until mid-day on 19 August 2020.

This tender presents a significant opportunity for consulting firms, especially those specialising in economic assessments and impact analysis, to engage with a prominent education institution. Businesses that can showcase their expertise in quantifying socio-economic impacts, local supply chain engagement, and nationwide economic contributions would be particularly well-suited to compete for such contracts. Small and medium-sized enterprises (SMEs) are encouraged to participate, making this an accessible opportunity for innovative consulting firms that deliver value to higher education institutions.

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Notice Information

Notice Title

Provision of Economic Impact Assessment for Falmouth University

Notice Description

Falmouth University requires the services of a consultant to undertake a new piece of work to assess its impact on the economy of Cornwall. The successful tenderer will demonstrate the proposed methodology for quantifying Falmouth University and relevant FX Plus activity's impact on the local economy, using measures including but not limited to: * The economic activity directly generated by Falmouth University and associated FX Plus activity. * The activity supported by the University's staff and those employed in its direct supply chain. * The employment and activity that is supported through the university's supply chain, as a result of its purchasing of goods and services from local suppliers. * The wider benefits of the university's activities, including: o Local spending by Falmouth Univeristy's students and those that visit them o Capital expenditure undertaken by the University and FX Plus o Student and staff consultancy activity o IP income generated by the University o Economic activity generated by the University's graduate spin-off companies, staff start-ups, business support, knowledge exchange/transfer activities, including the impact on human capital. * Although the focus for this economic impact assessment is to measure the University's impact on the local economy, Falmouth has expanded its online course provision and is increasingly working with national partners to develop and enhance its offer to students. The successful tenderer is therefore expected to provide a high-level assessment of the University's economic impact at a national level. Additional information: c. The complete ITT should be uploaded in a common electronic format such as PDF, Word, Excel or PowerPoint), including technical literature via the procurement portal https://in-tendhost.co.uk/universityofexeter/aspx/Home. ITT made available to Bidders Monday 20 July 2020. Date by which Bidders will need to submit clarifications (if raised) Wednesday 19 August 2020 at 12.00pm mid-day. Deadline for receipt of Tender Friday 21 August 2020 at 12.00pm mid-day. Shortlisted bidders stage 2 notified By Monday 07 September 2020. Stage 2 presentation Week commencing 21 September 2020. Preferred bidder chosen (subject to contract) By Wednesday 30 September 2020. Contract Start By Monday 05 October 2020.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2092da03-01c8-40b0-8977-6c195518ea8a
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£26,696 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Feb 20224 years ago
Submission Deadline
21 Aug 2020Expired
Future Notice Date
Not specified
Award Date
23 Sep 20205 years ago
Contract Period
4 Oct 2020 - 6 Oct 2021 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FALMOUTH EXETER PLUS
Contact Name
Elisia Irving
Contact Email
procurement@fxplus.ac.uk
Contact Phone
01326 253504

Buyer Location

Locality
PENRYN
Postcode
TR10 9FE
Post Town
Truro
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
TLK South West (England)
Local Authority
Cornwall
Electoral Ward
Constantine, Mabe & Mawnan
Westminster Constituency
Camborne and Redruth

Supplier Information

Number of Suppliers
1
Supplier Name

HATCH REGENERIS

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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