Tender

Economic Markets Foresight Analysis

NORTH TYNESIDE COUNCIL

This public procurement record has 2 releases in its history.

Tender

11 Dec 2020 at 10:37

Tender Notice
Tender

20 Nov 2020 at 14:17

Tender Notice
Summary of the contracting process

The North Tyneside Council is seeking a qualified contractor to undertake an Economic Markets Foresight Analysis aimed at enhancing competitive advantage and productivity for the North East region of England. This tender, with a budget of £95,000, is classified under business and management consultancy services (CPV code: 79400000). It is currently in the Active stage of procurement, with the tender period set to close on 15 January 2021. The contract is expected to begin on 22 February 2021 and conclude on 17 September 2021.

This procurement opportunity presents a significant avenue for businesses specialising in consultancy services, particularly those experienced in economic analysis, innovation strategies, and market research. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to apply, as the initiative aims to leverage local strengths in response to evolving global markets. Companies that can demonstrate expertise in adapting to economic shifts and fostering regional growth will be in a strong position to compete for this contract.

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Notice Information

Notice Title

Economic Markets Foresight Analysis

Notice Description

The North East Local Enterprise Partnership (North East LEP) is committed to creating competitive advantage and improving productivity for the North East region by developing and realising the potential of its strengths and assets in relation to changing global markets (emergent industries, sectors, and cross-sector technologies and other capabilities). Global economic, technological, social, environmental, political and legal drivers of change and global trends have accelerated industrial, economic and social shifts across the world in recent years. In addition to the long-term market changes which are being inculcated in response to drivers such as climate and demographic change and the longer-term disruption that is anticipated by EU transition, the pace of change has rapidly increased during 2020 in response to the coronavirus pandemic. There is now a discernable rethinking of the roles of localisation and internationalisation of economic activity and this is affecting the structure of global value chains and the roles and economies of places. Economic growth is faltering. Climate change concerns are keenly felt. There has been significant and accelerated change in the adoption of digital technologies, in health and wellness. Attitudes and individual behaviours have shifted with respect of working and social activities. We believe that these and other changes bring significant opportunities for innovation and growth in North East England's economy. Preparation and action for such opportunities require us to: * Understand how well the region's industries, research assets and technologies are positioned in relation to new or nascent market opportunities that emerge from these drivers * Identify key actions and approaches to innovation and transformation that should be deployed in order to maximise the economic prospects arising from emergent market opportunities * Consider the potential role of the wider regional eco-system in supporting transformation with respect of these opportunities. The North East LEP wishes to appoint an appropriately qualified Contractor to undertake an independent Economic Markets Foresight Analysis in the context of the North East LEP region of North East England, UK. The project is focused on the evolution of the North East LEP economy in the context of changing global markets and trends. It will probe deeply into how the global drivers of change and future trends will dominate the national and international economies and to examine how our region can prosper from innovation and economic activity in the associated new or nascent markets. The project will be used by the North East LEP to understand further, and as far as possible within time and budget constraints, which industrial or economic markets to prioritise in the short, medium and longer-term , how to realise such growth opportunities, and the critical threats that could be avoided through action in the present.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc10b086-8dc6-4afd-a87c-a99873d0d7a4
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£95,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20205 years ago
Submission Deadline
15 Jan 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Feb 2021 - 17 Sep 2021 6-12 months
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
NORTH TYNESIDE COUNCIL
Contact Name
Amy Chan
Contact Email
amy.chan@northtyneside.gov.uk
Contact Phone
+44 1916435651

Buyer Location

Locality
NORTH TYNESIDE
Postcode
NE27 0BY
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
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

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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