Award

Scoping towards an Economic Case for Biodiversity

DEFRA

This public procurement record has 1 release in its history.

Award

29 Mar 2023 at 15:21

Award Notice
Summary of the contracting process

The Department for Environment, Food & Rural Affairs (Defra) has awarded a contract for the project titled "Scoping towards an Economic Case for Biodiversity". The contract falls under the industry category of Research and Development Consultancy Services. The tender was in the award stage, with a contract value of £48,275 GBP. The procurement method was selective, with a call-off from a framework agreement. The contract period was from January 30, 2023, to March 31, 2023, and the tender deadline was January 6, 2023.

This opportunity for businesses focuses on providing research and development consultancy services related to strengthening the economic case for biodiversity. Companies specialising in research and development, economic analysis, and consultancy services would be well-suited to compete for this tender. The project aims to address evidence gaps linking economic impacts of biodiversity decline, with a particular focus on the UK's GDP. Businesses interested in contributing to shaping global biodiversity frameworks and international agreements could find this tender a valuable growth opportunity.

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Notice Information

Notice Title

Scoping towards an Economic Case for Biodiversity

Notice Description

This project builds on 'The Economics of Biodiversity: The Dasgupta Review' published by HM Treasury in February 20211, with a view to strengthening the economic case for biodiversity. Whilst there have been some helpful studies on nature and biodiversity such as the World Bank Group's 'The Economic Case for Nature', 2 further work is needed to address the remaining gaps and ensure the economic evidence is robust and compelling to shape an ambitious post-2020 global biodiversity framework and other international agreements. In particular, evidence gaps remain in accounting for how biodiversity ecosystems decline affect a variety of social and economic issues such as GDP growth, poverty, health, food security and energy security. Given the many interlinkages of these impacts, the methodological approaches in assessing these are not understood well. More clarity is needed to evaluate the existing economic tools and their ability to effectively measure the impacts, and where additional qualitative analysis may be needed. Aims and Objectives The aim of this scoping project is to identify the requirements for a comprehensive study that presents a robust economic case for the scale of intervention needed to address biodiversity loss at the global level. This will include: * Defining the gaps in evidence and data linking the economic impacts of biodiversity and ecosystems decline, in the UK and globally. * Exploring the different methodological approaches for investigating the cost of inaction on global biodiversity loss on UK GDP. * Evaluating the ability of available economic tools and models to measure the impact 3 See The Dasgupta Review, Chapter 13: The Economics of Biodiversity: The Dasgupta Review (publishing.service.gov.uk) 4 See: Biodiversity-and-financial-stablity_building-the-case-for-action.pdf (lse.ac.uk) and World Bank Document of halting and reversing biodiversity loss and restoring ecosystems on economic growth. * The qualitative impacts of halting and reversing biodiversity loss and restoring ecosystems on health and societal wellbeing.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7a73c885-33e1-4c89-9459-8c4aa0432874
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d1f05d46-24a0-420b-a6bb-85e979eadc6d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Not specified
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£48,275 Under £100K
Lots Value
Not specified
Awards Value
£48,275 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20232 years ago
Submission Deadline
6 Jan 2023Expired
Future Notice Date
Not specified
Award Date
26 Jan 20233 years ago
Contract Period
30 Jan 2023 - 31 Mar 2023 1-6 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
DEFRA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 5AH
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
Not specified
Local Authority
Bristol, City of
Electoral Ward
Hotwells and Harbourside
Westminster Constituency
Bristol Central

Supplier Information

Number of Suppliers
1
Supplier Name

ICF CONSULTING SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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