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PS26159 - RAF002/2627 - Carbon Markets Model - Methodological Review

Department for Energy Security & Net Zero

This public procurement record has 1 release in its history.

Award

23 Sep 2026 at 09:29

Award Notice
Summary of the contracting process

The Department for Energy Security and Net Zero (DESNZ) commissioned specialist research to review the theory and methodology behind its carbon markets model. The work is intended to identify ways to improve the methods used to evaluate carbon value trajectories, which underpin the department’s modelling, and to support an R&D project. This is research and analytical work rather than the delivery of carbon credits or market trading services. The requirement is categorised as research services (CPV 73110000). Delivery is described as covering the United Kingdom and a wide range of overseas locations, including Europe, the Channel Islands, the Isle of Man and the rest of the world.

The procurement is complete and the contract was awarded to NERA UK LIMITED on 1 September 2026. The award is valued at £29,631.15. The contract period runs from 21 September to 18 December 2026. DESNZ ran a mini-competition through the Government Commercial Agency’s Research & Insights Dynamic Purchasing System (RM6126), a selective call-off route. Bids were due by 5 August 2026. The tender was identified as suitable for small and medium-sized enterprises and not for voluntary, community or social enterprises. No lots are identified. The published information describes the work but does not set out specific evaluation criteria or bidder qualification requirements.

This award demonstrates demand from DESNZ for specialist external research into carbon-market modelling, particularly the theory and methods used to assess carbon value trajectories. A credible competitor for a similar requirement would need researchers able to scrutinise modelling assumptions and methodology, assess how carbon values change over time, and translate findings into practical improvements to analytical approaches. Experience relevant to carbon markets, economic or policy modelling, and research and development would be pertinent to the scope. The contract was awarded through a mini-competition under a research and insights dynamic purchasing system, so familiarity with competing for public-sector research call-offs would help a supplier engage effectively with this route. The published requirement identifies SME suitability, indicating that the work was not confined to large suppliers.

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Notice Information

Notice Title

PS26159 - RAF002/2627 - Carbon Markets Model - Methodological Review

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the GCA RM6126 Research & Insights DPS Brief Description of Requirement A theory and methodology review by an external specialist researcher(s) to provide an opportunity to improve current methods of evaluating carbon value trajectories which underpin our modelling creating an R&D project.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/639a04aa-14fd-41a8-b816-cc8cc744a141
Current Stage
Award
All Stages
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

73110000 - Research services

Notice Value(s)

Tender Value
£29,631 Under £100K
Lots Value
Not specified
Awards Value
£29,631 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Sep 20261 months ago
Contract Period
21 Sep 2026 - 18 Dec 2026 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
Department for Energy Security & Net Zero
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Postcode Area
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

NERA UK Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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