Award

SPATS - Prog for Maintaining a Robost Valuation of Travel Time services

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

25 Jan 2018 at 23:59

Award Notice
Summary of the contracting process

The procurement process concerns a contracted service undertaken by THE DEPARTMENT FOR TRANSPORT for the project titled "SPATS - Prog for Maintaining a Robust Valuation of Travel Time services." This initiative, falling under the category of research and development services, is situated in London, United Kingdom. The contract, awarded via a selective procurement method, has a value of £73,700 and marks its active award phase as of late August 2017, with the contract period running from 1st September 2017 to 19th January 2018.

This tender presents potential growth opportunities, particularly for businesses engaged in research, consultancy, and analytics related to travel time and transport. Companies specialising in advanced modelling techniques or those with experience in conducting high-level economic assessments are especially well-suited to compete. As the public sector continually seeks innovative methods for evaluating travel efficiencies, firms that can provide cutting-edge solutions will find a favourable landscape within this contract framework.

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Notice Information

Notice Title

SPATS - Prog for Maintaining a Robost Valuation of Travel Time services

Notice Description

The recently finished Value of Time research (completed in 2015) was highly innovative in its field, applying world leading analytical techniques in order to robustly model the values of time based on stated preference survey evidence of willingness to pay for travel time savings. However, survey and modelling techniques relevant for assessing the value of time are constantly being developed in academia, industry and the public sector, so it is necessary to keep abreast of these developments if the DfT's value of time assumptions are to remain a robust and defensible basis for supporting decision making.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19de899f-d370-4888-8a88-42a2b45db177
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b15ba97d-c493-40b9-8908-28035d04b220
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

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
£73,700 Under £100K
Lots Value
Not specified
Awards Value
£73,700 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20188 years ago
Submission Deadline
30 Aug 2017Expired
Future Notice Date
Not specified
Award Date
30 Aug 20178 years ago
Contract Period
31 Aug 2017 - 19 Jan 2018 1-6 months
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
THE DEPARTMENT FOR TRANSPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OVE ARUP & PARTNERS INTERNATIONAL

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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