Award

PS21161 - Investigating Barriers and Incentives to Investment in the UK - Literature Review - RAF044/2122

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

22 Nov 2021 at 11:59

Summary of the contracting process

The procurement process, titled "PS21161 - Investigating Barriers and Incentives to Investment in the UK - Literature Review," was managed by UK Shared Business Services Limited. This tender falls under the research services category and was located in England. The procurement method used was selective, involving a mini competition against the framework RM6018 CCS DPS. The contract has been awarded with an amount of £19,750, starting from 11th November 2021 and concluding on 4th February 2022. The tender period ended on 27th September 2021.

This tender presents a valuable opportunity for businesses, particularly those specialising in research services, economic analysis, and investment consultancy. Companies with expertise in identifying barriers to investment and enhancing competitive strategies would be well-suited to engage with such contracts. With a growing focus on improving the UK's investment landscape, this procurement can facilitate the expansion of services that help businesses navigate economic uncertainties and skill shortages.

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Notice Title

PS21161 - Investigating Barriers and Incentives to Investment in the UK - Literature Review - RAF044/2122

Notice Description

***Please note this is an Award Notice and not a call for competition*** This procurement is being concluded following a Mini competition against framework RM6018 CCS DPS. The UK has historically invested less than other advanced economies. The underlying causes have long perplexed policymakers; the current evidence highlights a range of barriers that can impede the investment process. Yet it is inconclusive as to which of these most explain the investment gap between the UK and other economies. Given the link to productivity performance and it is crucial for the UK to create the right conditions for investment and to accelerate the reallocation of resources to enhance competitiveness. Survey evidence by BEIS looking at the investment decisions of firms emphasises the broad range of issues. At the top of business reasons for not investing are economic uncertainty and an aversion to risk; yet issues around lack of workforce skills, shareholder pressures, financial obstacles all rank closely behind.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4f7185ba-6d3c-4e4d-a29c-327c4c8e2824
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ce639731-1816-4685-b057-3483a7016bd0
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
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
£19,750 Under £100K
Lots Value
Not specified
Awards Value
£19,750 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20214 years ago
Submission Deadline
27 Sep 2021Expired
Future Notice Date
Not specified
Award Date
10 Nov 20214 years ago
Contract Period
11 Nov 2021 - 4 Feb 2022 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
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Professional Services
Contact Email
professionalservices@uksbs.co.uk
Contact Phone
Not specified

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS

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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