This public procurement record has 1 release in its history.

Award

24 Jul 2026 at 10:24

Summary of the contracting process

The Department for Transport in England has awarded a contract titled "Provision of Value of a Life Year Research (VOLY): Lot 3 Supplementary Empirical Research" as of 20th July 2026. This project, valued at GBP 182,736.50, falls under the industry category of Research and Development Consultancy Services (CPV: 73200000) and aims to inform policy decisions with empirical evidence. The procurement process, positioned in the Award stage, utilised a selective method through a dynamic purchasing system, with the contract running from 1st August 2026 to 31st July 2028. The research's findings will be used by UK Government Departments, and the scope of work includes delivery in the UK as well as internationally, including the British Overseas Territories, Channel Islands, and Europe.

This tender represents a significant opportunity for research and consultancy firms specialising in economic appraisals and policy-related services, especially those adept in handling large-scale and complex empirical studies. The process was open to SMEs and VCSEs, indicating a welcoming environment for smaller and third-sector organisations looking to expand their portfolio. The collaboration with a prominent buyer like the Department for Transport can enhance a company's credibility and open doors to further governmental projects. Businesses capable of producing robust, evidence-based analysis with both national and international insights would find themselves well-positioned to benefit from such opportunities.

How relevant is this notice?

Notice Title

Provision of Value of a Life Year Research (VOLY): Lot 3 Supplementary Empirical Research

Notice Description

This research will provide an up-to-date, robust, evidence-based values for a VOLY, WTP-QALY and VPF, with the aim of ensuring that Government economic appraisals continue to stand up to external scrutiny and provide a robust basis for informing policy decisions that will be used by UK Government Departments and Agencies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05d5b6ec-f900-4f3f-a8b1-4798f61b1bd4
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, VCSE
Awardee Scale
Large

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
£182,736 £100K-£500K
Lots Value
Not specified
Awards Value
£182,736 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20261 weeks ago
Submission Deadline
1 May 2026Expired
Future Notice Date
Not specified
Award Date
19 Jul 20262 weeks ago
Contract Period
31 Jul 2026 - 31 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LONDON ECONOMICS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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