Award

Reference Class Forecasting - Case Studies

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

12 Dec 2023 at 15:19

Summary of the contracting process

The Department for Work and Pensions has awarded a contract for the project titled "Reference Class Forecasting - Case Studies" to Oxford Global Projects UK Limited, with a value of £30,000. This procurement falls under the IT services category and was carried out as a direct procurement method using a Single tender action. The tender period ended on December 4, 2023, with a contract period starting on December 6, 2023, and ending on January 31, 2024. The location of the procurement process is in London, England.

This contract presents an opportunity for businesses involved in IT services, consulting, software development, and internet support to engage with the Department for Work and Pensions. Companies well-suited to compete would need expertise in providing business process services related to IT projects. The awarding of this contract signifies a completion stage in the procurement process, offering potential vendors a chance to contribute to the Programme's goal of enhancing business case development and major investment decision-making through real-world case studies.

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Notice Title

Reference Class Forecasting - Case Studies

Notice Description

A Reference Class Forecast (RCF) has recently been conducted for the Synergy Programme by Oxford Global Projects. A Reference Class Forecast (RCF) was 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 cases to underpin major investment decisions. Oxford Global Projects developed two types of reference class forecast: RCF for the overall Programme - based on similar, past projects in the UK (United Kingdom) and elsewhere; and a tailored RCF based on the different elements of the Programme. Following the conclusion of the Reference Class Forecast the Programme is now seeking a qualitative review and deep dive of the best and the worst performing Business Process Services (BPS) IT projects in the reference class. As part of this engagement Oxford Global Projects have agreed to provide access to up to 5 case studies at a cost of PS30,000. A minimum of 3 case studies has been agreed on; and in the event the Programme only chooses to access 3 of the 5 case studies available the Programme will only incur the cost of 3 which is PS21,000.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/26dde0db-995f-4650-9d97-295f0b64e981
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
Not specified
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
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Dec 20232 years ago
Submission Deadline
4 Dec 2023Expired
Future Notice Date
Not specified
Award Date
6 Dec 20232 years ago
Contract Period
6 Dec 2023 - 31 Jan 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Not specified
Contact Email
synergyprogramme-commercialteam@dwp.gov.uk
Contact Phone
Not specified

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

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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