Tender

(NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Tender

16 May 2023 at 12:20

Summary of the contracting process

Newcastle University has issued a tender titled "(NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation" within the business and management consultancy and related services category. The procurement process is currently in the tender stage, with a contract value of £50,000 GBP. The tender deadline is on May 26, 2023, and the contract period is scheduled from June 25, 2023, to July 7, 2023. The delivery address for this opportunity is in England, United Kingdom.

This tender from Newcastle University for an Economic & Social Impact Evaluation offers business growth opportunities particularly suited for consultancy and services firms. Small and medium enterprises (SMEs) are welcome to compete for this tender. The evaluation focuses on areas such as economic impact, public benefit, and value for money assessment, providing a chance for businesses to showcase their expertise in these domains. Businesses that can offer innovative solutions for socio-economic challenges are encouraged to participate in this tender process.

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Notice Title

(NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation

Notice Description

Section 19 of the application form (attached for reference) requires: an Economic impact, public benefit and value for money assessment including description of how the proposed infrastructure and research will generate sustained socio-economic returns from the UKRPIF investment. The response could include, but is not limited to: i. Translation and commercialisation of research (e.g., new IP; spinouts) ii. Benefits to industry (from SMEs to large-scale multinational companies) iii. Benefits to society iv. Contributions to local economic growth v. Job creation vi. Attracting foreign direct investment (FDI) Newcastle University requires an assessment that, in compliance with the application process and technical guidance which: Ensures the application satisfies, in full, the requirements for question 19. Provides all information and methodologies utilised or developed to Newcastle University for record, appraisal & audit scrutiny. Assessment may include statements including: Evidence demonstrating scale and significance of local problems & issues Quality assurance of data analysis and evidence Quantifiable impacts using a suitable model Methodologies to support assumptions Economic costs of the proposal Analysis of monetised costs and benefits Benefit Cost Ratios (BCR) Description of non-monetised impacts Value for money Proposed metrics to support monitoring & evaluation metrics As question 19 is the question in relation to economic impact, public benefit and VfM we anticipate that the scope of work will be lighter touch at this application stage i.e., work will be in line with the expectations of the overall application form and process. There is a restriction of page length for the application of 24 pages (template equals 12 pages) thus we estimate a 500-word count per question. If successful then there will be a further option to undertake a longitudinal evaluation to evidence assessment assumptions, methodology and impacts during the activity delivery period (post-build).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d2cbd6b6-1c1c-442d-abf7-7131d3386695
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
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
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20232 years ago
Submission Deadline
26 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
24 Jun 2023 - 7 Jul 2023 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE UNIVERSITY
Contact Name
Sabrina Bell
Contact Email
sabrina.bell@ncl.ac.uk
Contact Phone
+44 1912086680

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 8ER
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
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

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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