Tender

Economic Forecasting and Scenario Services

HOMES ENGLAND

This public procurement record has 2 releases in its history.

Tender

11 Oct 2021 at 08:02

Tender Notice
Tender

07 Oct 2021 at 14:24

Tender Notice
Summary of the contracting process

The procurement process is initiated by Homes England, focusing on the provision of "Economic Forecasting and Scenario Services." This contracting opportunity falls under the services industry category, specifically classified as economic research services and forecasting software. The procurement is currently in the Tender stage, with the tender period closing on 24th October 2021. The initial contract is expected to span six months, starting from 29th November 2021, with potential extensions of up to two additional years. The total contract value is estimated at £150,000, and the services will be delivered in England.

This tender presents significant opportunities for businesses specialising in economic research, data analysis, or forecasting software. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to apply, as they may find suitable niches within the project scope. Given the emphasis on robust modelling and market consistency, businesses with a strong background in statistical analysis and economic forecasting would be particularly well-positioned to compete for this contract.

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Notice Information

Notice Title

Economic Forecasting and Scenario Services

Notice Description

The Research and Analysis team in Home England are responsible for delivering its Research and Analysis Plan. Outputs from this plan will provide insights that drive decision making in Homes England and HMG. A key aspect of this plan is the analysis and production of macroeconomic forecasts. Homes England uses macroeconomic forecasts and scenarios to plan its deliveries and expenditures in the coming financial years. It is essential that forecasts and scenarios are based on reasonable assumptions, robust modelling and are consistent with the current market and risks. The initial contract period will be for a period 6 months (up to May 2022), with the option to extend for a further 2 x 12 month periods. Further details and access to ITT documents can be found by searching for reference DN574618 on our e-tendering system ( https://procontract.due-north.com/ ).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c843200f-f0f5-4804-90d0-d66345ec2607
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/72c0fcb8-c500-45da-97f6-8ac51dae1828
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

48462000 - Mathematical or forecasting software package

79311400 - Economic research services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Oct 20214 years ago
Submission Deadline
24 Oct 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Nov 2021 - 30 Apr 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE
Postcode
NE4 5BZ
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Arthur's Hill
Westminster Constituency
Newcastle upon Tyne Central and West

Further Information

Notice Documents

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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