This public procurement record has 1 release in its history.

Award

24 Jul 2026 at 10:25

Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for the 'Provision of Value of a Life Year Research (VOLY): Lot 4 Peer Review' to the University of Warwick. This procurement process, categorised under research and development services, has been completed, with the award announced on 24th July 2026. The contract will run from 1st August 2026 to 31st July 2028. The contract is valued at £74,008 GBP and was procured via a call-off from a dynamic purchasing system using a selective procurement method. The research aims to provide updated values for economic appraisals to assist UK Government Departments and Agencies, covering regions including the United Kingdom, Europe, and other specified areas.

This tender offers opportunities especially for businesses specialising in research and consultancy services related to economic appraisal methodologies. Enterprises of various sizes, including SMEs and VCSEs, would have been suitable contenders due to the procurement's inclusive suitability criteria. Winning similar tenders can be particularly beneficial for businesses aiming to expand within the public sector, especially those with competencies in delivering high-standard academic and consultancy outputs that withstand external scrutiny. The involvement of a substantial institution like the University of Warwick highlights the expertise required and the potential for business growth through collaborative efforts in this procurement domain.

How relevant is this notice?

Notice Title

Provision of Value of a Life Year Research (VOLY): Lot 4 Peer Review

Notice Description

This research will provide an up-to-date, robust, evidence-based values for a VOLY, WTP-QALY and VPF, with the aim of ensuring that Government economic appraisals continue to stand up to external scrutiny and provide a robust basis for informing policy decisions that will be used by UK Government Departments and Agencies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f6c97672-eef4-4fb8-98b3-0b40dcda252a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
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
£74,008 Under £100K
Lots Value
Not specified
Awards Value
£74,008 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20261 weeks ago
Submission Deadline
1 May 2026Expired
Future Notice Date
Not specified
Award Date
19 Jul 20262 weeks ago
Contract Period
31 Jul 2026 - 31 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DFTC - 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
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

UNIVERSITY OF WARWICK

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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