Award

ecm_11487 - Reference Class Forecasting

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 2 releases in its history.

AwardUpdate

13 Oct 2023 at 14:16

Award Notice
Award

13 Oct 2023 at 14:11

Award Notice
Summary of the contracting process

The Department for Work and Pensions has awarded a contract for the creation of a Reference Class Forecasting project, valued at £70,000. This initiative, undertaken by Oxford Global Projects UK Limited, aims to support the Synergy Programme by providing an external perspective on project outcomes. The contract involves developing a program reference class based on past projects and mapping individual components, with a contract period from September 14 to November 4, 2023.

This tender presents an opportunity for businesses in the IT services sector, particularly those specialised in consulting, software development, and Internet support. The procurement method used was a direct single tender action below the threshold. Small and medium enterprises are well-suited to compete for this contract, which was successfully awarded to Oxford Global Projects UK Limited. Businesses located in various regions, including the United Kingdom, Europe, and British Oversea Territories, can consider engaging with the Department for Work and Pensions on similar future projects.

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Notice Information

Notice Title

ecm_11487 - Reference Class Forecasting

Notice Description

The creation of a Reference Class Forecast (RCF) by Oxford Global Projects (OGP) will provide the Synergy Programme with an outside view on the likely outcome of the programme, based on actual outcomes of similar projects. An RCF is recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business case to underpin major investment decisions. The proposed works consist of 2 work streams: 1. The creation of program reference class based on past similar programs. 2. The break-down of program and mapping of individual components.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-319a8570-6b86-4367-a891-f203e2703576
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/358541a8-59a7-4f0a-8e98-bae3746126d5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£70,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Oct 20232 years ago
Submission Deadline
4 Aug 2023Expired
Future Notice Date
Not specified
Award Date
5 Sep 20232 years ago
Contract Period
13 Sep 2023 - 4 Nov 2023 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
DEPARTMENT FOR WORK AND PENSIONS
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
SW1H 9NA
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OXFORD GLOBAL PROJECTS

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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