Notice Information
Notice Title
Understanding the drivers of historic graduate earnings, their evolution through the working lifetime, and forecasting future graduate earnings
Notice Description
The Department for Education ('DfE') has commenced a programme to sell the English Pre-Browne ('Plan 1') Income Contingent Repayment ("ICR") loan book. These loans were made available to students on university or college higher education courses between September 1998 and September 2012, after which they were replaced (in England and Wales only) with Post-Browne ICR loans. UK Government Investments ('UKGI') is leading the sale programme on behalf of DfE, with modelling expertise and advice provided by the Government Actuary's Department. DfE launched the sale of the first tranche of the ICR loan book in February 2017, which completed in December 2017. A forecast model for Plan 1 loans, the Transition based Earnings & Repayment Model ('TERM'), has been developed to support the sale programme. TERM is based on a Markov transition model and projects Plan 1 borrower earnings and repayments on an annual basis. In order to support policy making in higher education, DfE has also developed a student loan repayment model and regularly publishes student loan forecasts. DfE and UKGI are keen to explore additional avenues that can deepen our understanding and ability to project borrower earnings. The objective of this research is to explore whether there are innovative methodologies (including statistical, data analytic techniques etc.) that could potentially enhance and/or complement current modelling of earnings and repayment trends of graduate that have an outstanding ICR student loan. Please note the deadline for EOIs is 5pm, Friday 7th September 2018 Additional information: Please note the deadline for EOIs is 5pm, Friday 7th September 2018 EOIs submitted must be no more than 1,500 words overall (excluding CVs). CVs of the key individuals expected to perform the analysis and deliver the outputs should be submitted. Please do not include website links or references. Any EOI responses longer than 1,500 words in total (excluding CVs) will be disregarded. Collaborative EOIs are welcome.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-0bf861bf-c81c-4023-aecd-a0cedce88ceb
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/5f92b432-c1b5-4e47-bd99-4d17a545a9a3
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure (below threshold)
- Tender Suitability
- SME
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
73 - Research and development services and related consultancy services
-
- CPV Codes
73000000 - Research and development services and related consultancy services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 15 Aug 20187 years ago
- Submission Deadline
- 8 Sep 2018Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 29 Oct 2018 - 22 Feb 2019 1-6 months
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- DEPARTMENT FOR EDUCATION
- Contact Name
- Maria Thorpe
- Contact Email
- maria.thorpe@education.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- SHEFFIELD
- Postcode
- S1 2FJ
- Post Town
- Sheffield
- Country
- England
-
- Major Region (ITL 1)
- TLE Yorkshire and The Humber
- Basic Region (ITL 2)
- TLE3 South Yorkshire
- Small Region (ITL 3)
- TLE32 Sheffield
- Delivery Location
- Not specified
-
- Local Authority
- Sheffield
- Electoral Ward
- City
- Westminster Constituency
- Sheffield Central
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/5f92b432-c1b5-4e47-bd99-4d17a545a9a3
15th August 2018 - Opportunity notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/Attachment/e7a2b5d7-3cbd-42f0-8312-2ae8f385dca7
EOI Advert - DFERPPU 2018043
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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