Award

UK Value Capture from Innovation

DSIT

This public procurement record has 1 release in its history.

Award

11 Oct 2024 at 13:41

Award Notice
Summary of the contracting process

The Department for Science, Innovation and Technology (DSIT) has concluded the procurement process for the project titled "UK Value Capture from Innovation." This procurement, classified under CPV code 73110000 for Research services, focuses on addressing alignment challenges between the UK's research and innovation capabilities and industrial opportunities. The contract, with an amount of £45,000, was awarded to IfM Engage. The procurement method was selective, carried out through a call-off from a framework agreement, and the contract period is from 12th October 2024 to 31st March 2025. The key location for the delivery is London, United Kingdom, and the procurement stage is currently at the Award stage.

This tender presents significant opportunities for businesses specialising in research services to engage with strategic innovation initiatives backed by a government department. The nature of the project aligns well with small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that are capable of providing innovative solutions. Participating in such projects could considerably enhance these businesses' profiles and portfolios, leading to further growth opportunities in similar sectors.

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Notice Information

Notice Title

UK Value Capture from Innovation

Notice Description

Addressing the alignment challenges between UK R&I capabilities and industrial opportunities

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-392f63aa-2ed5-470b-8906-7c9159d4a554
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/41b78f0c-9952-462e-bf15-5f75d83b237c
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
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Oct 20241 years ago
Submission Deadline
11 Oct 2024Expired
Future Notice Date
Not specified
Award Date
10 Oct 20241 years ago
Contract Period
11 Oct 2024 - 31 Mar 2025 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
DSIT
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
SW1A 2EG
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

IFM ENGAGE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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