Tender

RSSB2630 - T1127 Creating a common framework of how rail can measure and understand its social impact value as a system

RAIL SAFETY AND STANDARDS BOARD LIMITED

This public procurement record has 5 releases in its history.

TenderAmendment

11 Sep 2017 at 08:29

Tender Notice
TenderAmendment

04 Sep 2017 at 14:22

Tender Notice
TenderAmendment

04 Sep 2017 at 12:50

Tender Notice
TenderAmendment

22 Aug 2017 at 08:31

Tender Notice
Tender

18 Aug 2017 at 10:07

Tender Notice
Summary of the contracting process

The Rail Safety and Standards Board Limited (RSSB), located in London, is currently conducting a procurement process titled "RSSB2630 - T1127 Creating a common framework of how rail can measure and understand its social impact value as a system". This is an active tender in the industry category of Analysis services, with a total contract value of £75,000 and a minimum value of £65,000. The procurement method is an open procedure, and the tender period is set to close on 15 September 2017, while the contract is scheduled to commence on 30 October 2017 and run until 31 July 2018.

This tender presents significant opportunities for businesses specialising in research and development, economic research services, and those with experience in social impact measurement frameworks. Companies skilled in creating metrics and methodologies to evaluate social return on investment (SROI) in the rail sector will be well-suited to compete. Additionally, this initiative aims to foster partnerships and social inclusion, making it an attractive platform for businesses looking to enhance their visibility and contribute to the sustainability goals within the rail industry.

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Notice Information

Notice Title

RSSB2630 - T1127 Creating a common framework of how rail can measure and understand its social impact value as a system

Notice Description

The GB rail industry has robust means to measure the economic value of rail, however, social sustainability still relies largely on narrative explanations and limited metrics. While there has been much progress on understanding and targeting the social value of rail projects, the absence of a robust methodology and baseline to measure, monitor and evaluate social impacts has resulted in inconsistencies across industry and little trust in existing metrics. This has made it challenging to assess the social return on investment (SROI) within the investment optioneering, planning and delivery of the railway. Sustainability is becoming increasingly embedded within industry, as such, there is an increasing need to consistently and proportionally measure and monitor social impacts across the rail system. Recent examples of social impact expectations include * South Western franchise Invitation to Tender (ITT) - Bidders required to 'develop a dashboard of metrics for Stations or groups of Stations that ... evidence improvements to ... meeting the community's needs'; * East Midlands Franchise Prospectus - Franchisees 'required to proactively develop meaningful relationships with the communities the franchise serves, working with stakeholders across the region to encourage greater social inclusion'; * Thameslink and Crossrail - Network Rail teams have been challenged to report on the social value delivered through the life of projects; This work package sets out to develop a common framework for understanding and measuring social value impacts across GB rail industry organisations, projects and programmes. The common framework will * Build upon existing research to reduce the risk of duplicating existing work; * Be applicable across the whole life of franchises, projects and programmes; * Be scalable and useable across the GB rail industry. In order to achieve this aim, this work package will * Undertake a literature review on existing frameworks to assess social value impacts, to include a mapping of o WebTAG o Olympic Delivery Authority (ODA) Balanced Scorecard o Global Reporting Initiative (GRI) Index o United Nations Millennium Development Goals o Crossrail Sustainability Programme o T1074 Developing a sustainable stations framework ; * Collate and analyse social impact data (metrics) from rail and other industries; * Review social value monetisation frameworks, tools and techniques used in other industries. * Develop (and trial) a framework that includes o List of relevant metrics for rail with appropriate measures/monetisation o Benchmarks of good practice o Guidance on decision making on metrics, implementation and measurement/monitoring

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d17c11ed-f75e-4b7f-aa97-b8dc2bd6133d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53461d15-811f-45c9-abdd-045e71e3d3a0
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
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

73 - Research and development services and related consultancy services

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

CPV Codes

71620000 - Analysis services

73100000 - Research and experimental development services

79311400 - Economic research services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20178 years ago
Submission Deadline
15 Sep 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Oct 2017 - 31 Jul 2018 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
RAIL SAFETY AND STANDARDS BOARD LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2M 2RB
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

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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