Award

Provision of Financial Econometric Services

GAMBLING COMMISSION

This public procurement record has 2 releases in its history.

Award

10 Sep 2019 at 10:53

Award Notice
Tender

06 Jun 2019 at 14:08

Tender Notice
Summary of the contracting process

The Gambling Commission is seeking an econometric specialist for the tender titled "Provision of Financial Econometric Services". This procurement falls under the research and development services and related consultancy services category and is located in Birmingham, England. The procurement method used is selective, through a call-off from a dynamic purchasing system. The tender period concluded on 28 June 2019, and the contract period spans from 1 August 2019 to 29 July 2022, with a total contract value of £180,000.

This tender offers significant opportunities for small and medium-sized enterprises (SMEs) with expertise in econometrics and consultancy services. Businesses that specialise in financial modelling, data analysis, and consultancy for regulatory frameworks would be well-positioned to compete for this contract, particularly those that have experience working with governmental or regulatory bodies. Engaging in this procurement process can lead to long-term collaboration with the Gambling Commission and enhance a business's portfolio in the public sector.

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Notice Information

Notice Title

Provision of Financial Econometric Services

Notice Description

An econometric specialist is required to support the National Lottery Third Licence programme team - alongside a marketing specialist/advisor - to help ensure the programme makes the most effective decisions in relation to requests from the Operator for investment. Please note there may be occasions where support is required in the assessment of the Operator game change proposals. This could include less specialist work, for example, reviewing financial models or analysing prize volatility testing.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-73698e4c-fbba-4d15-831e-e1875e571b13
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b3748b4-d14a-4859-a21e-965156345d56
Current Stage
Award
All Stages
Tender, 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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£180,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20196 years ago
Submission Deadline
28 Jun 2019Expired
Future Notice Date
Not specified
Award Date
25 Jul 20196 years ago
Contract Period
31 Jul 2019 - 29 Jul 2022 2-3 years
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
GAMBLING COMMISSION
Contact Name
Darren Jacobs
Contact Email
djacobs@gamblingcommission.gov.uk
Contact Phone
0121 237 5922

Buyer Location

Locality
BIRMINGHAM
Postcode
B2 4BP
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

EUROPEAN ECONOMIC 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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