Award

Understanding the links between economic development and flood risk investment

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

30 Jan 2023 at 12:49

Summary of the contracting process

The procurement process involves a tender titled "Understanding the links between economic development and flood risk investment" undertaken by the Defra Network eTendering Portal. The project focuses on researching the impact of flood risk management and water environment improvement projects on economic growth. The tender, classified under research and development consultancy services, is at the award stage, and the contract period runs from 30th January 2023 to 31st October 2023 in London, United Kingdom.

This procurement opportunity, suited for SMEs and VCSEs, offers a chance to contribute to developing methodologies for measuring the economic impact of flood risk management projects. Businesses in research and development consultancy services will find this tender particularly relevant. The open procurement method provides an avenue for suppliers like Frontier Economics to engage in the project and potentially benefit from the £99,590 contract awarded on 15th November 2022.

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Notice Title

Understanding the links between economic development and flood risk investment

Notice Description

This project will undertake research on how flood risk management and water environment improvement projects can impact local/national economic growth. It will develop a theory of change and methodology to include local and possibly national economic growth in Environment Agency business cases. This project will collate evidence and produce methodologies to enable robust and consistent presentation of economic growth impacts from flood risk management and water environment improvement projects. The intention is to include this in business case guidance for future capital projects. The objectives are to: - Create a methodology to measure the impact of flood and coastal erosion risk and water environments on existing businesses. - Create and compile evidence on impact of flood risk management and water environment improvement projects on local growth and national growth. - Produce a proportionate, 2020 Green Book compliant methodology for use in project business cases to quantify and present local growth benefits and, if appropriate, national economic benefits. This requires understanding of substitution, displacement and leakage.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2c9356d0-4e21-44a2-9387-8ab1f35af821
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£99,590 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jan 20233 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
15 Nov 20223 years ago
Contract Period
30 Jan 2023 - 31 Oct 2023 6-12 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
DEFRA NETWORK ETENDERING PORTAL
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
SW1P 3JR
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

FRONTIER ECONOMICS

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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