Award

TEUL3007 - Transport investment and economic growth elasticities

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

21 Jul 2025 at 08:05

Award Notice
Summary of the contracting process

The Department for Transport (DfTc), located in Great Minster House, London, has completed a procurement process under the title "TEUL3007 - Transport investment and economic growth elasticities." This initiative falls within the industry category of Research and Experimental Development Services, specifically under CPV codes 73100000 and 73200000. The procurement process was planned via a call-off from a dynamic purchasing system and is valued at £58,200. The service contract commenced on 18 July 2025 and is set to conclude on 18 January 2026. The project seeks to enhance the understanding of the economic impact of transport investments, with implications reaching as far as the British Overseas Territories and Europe. The tender stage is complete, and the award was made active on 18 July 2025 to CEPA LLP, a large-scale supplier based in Lincoln's Inn Fields, London.

This tender offers attractive opportunities for businesses specialising in research and development consultancy, particularly those with capabilities in assessing the economic impacts of infrastructure investments. Small to medium enterprises (SMEs) could find significant growth potential within the evolving evidence base for transport investments, while aligning their services with government objectives for increased economic returns. Given the selective procurement method, businesses that can demonstrate a proven track record in similar projects and navigate dynamic purchasing systems will be well-placed to compete in future opportunities presented by the Department for Transport or similar governmental entities.

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Notice Information

Notice Title

TEUL3007 - Transport investment and economic growth elasticities

Notice Description

This project will build upon and review existing academic literature which evaluates the impact of transport interventions on GDP. The current evidence in this space is varied, with Melo, et. al. (2013) estimating a mean elasticity of 0.060 and a median elasticity of 0.016. However, only 31% of the interventions in this sample took place in Europe, raising questions around the study's application of the elasticity to the UK context. Whilst this study states that there is likely to be even greater returns to investment in economic infrastructure including transport (up to a third greater impact), there is limited evidence supporting this assertion. This research will update the existing evidence base and provide elasticity estimates more rel

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e868490d-3751-4245-9be5-6e31265a0b4b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6ff43982-b619-4b02-892d-781dcd9e46b8
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73100000 - Research and experimental development services

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£58,200 Under £100K
Lots Value
Not specified
Awards Value
£58,200 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20257 months ago
Submission Deadline
4 Jun 2025Expired
Future Notice Date
Not specified
Award Date
17 Jul 20257 months ago
Contract Period
17 Jul 2025 - 18 Jan 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Not specified
Contact Email
frankie.dooknah@dft.gov.uk
Contact Phone
Not specified

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

CEPA

Further Information

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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