Award

Annual Investment Allowance Tax Relief Evaluation

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

07 Apr 2021 at 10:59

Award Notice
Summary of the contracting process

The procurement process for the "Annual Investment Allowance Tax Relief Evaluation" has been conducted by H M Revenue & Customs based in London, England. This service contract, valued at £209,939.09, falls under the research services category. The contract was awarded on 11 January 2021, with the contract period commencing on 18 January 2021 and concluding on 31 December 2021. This procurement process was carried out through a selective method, specifically using a call-off from a dynamic purchasing system. The tender was completed and published on 7 April 2021.

This opportunity is particularly suited for businesses specialising in research services, especially those that are keen on data analysis and econometric evaluations. Small and medium-sized enterprises (SMEs) can leverage this tender to enhance their portfolio and gain valuable experience, as the evaluation involves a combination of econometrics, quantitative surveying, and qualitative interviews. This project not only offers a chance for SMEs to showcase their expertise but also to build partnerships with public sector clients.

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Notice Information

Notice Title

Annual Investment Allowance Tax Relief Evaluation

Notice Description

HMRC have commissioned IFF Research to conduct an evaluation of the Annual Investment Allowance (AIA) Tax Relief. The overarching aim of this evaluation is to understand the effectiveness of the AIA tax relief in incentivizing capital investment and simplifying tax and to provide an econometric evaluation of the AIA relief, with respect to its direct and indirect impacts. The evaluation aims and objectives will be best met through a combination of the following elements; econometrics, quantitative surveying and qualitative in-depth follow up interviews.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e70a9b3-c19f-45e6-a6b3-dd37d427bbc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c11f9bc6-554a-4ab2-883e-83d376e6b1b0
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
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
£209,939 £100K-£500K
Lots Value
Not specified
Awards Value
£209,939 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 20214 years ago
Submission Deadline
14 Dec 2020Expired
Future Notice Date
Not specified
Award Date
11 Jan 20215 years ago
Contract Period
18 Jan 2021 - 31 Dec 2021 6-12 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
H M REVENUE & CUSTOMS
Contact Name
Sarah Smith
Contact Email
sarah.smith1@hmrc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SS99 1AA
Post Town
Southend-on-Sea
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH31 Southend-on-Sea
Delivery Location
Not specified
Local Authority
Southend-on-Sea
Electoral Ward
Victoria
Westminster Constituency
Southend East and Rochford

Supplier Information

Number of Suppliers
1
Supplier Name

IFF RESEARCH

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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