Award

UK SBS FWRECR16103BIS - Quantifying the factors which influence Life Science companies decisions to invest in R&D and manufacturing in a specific country when capital is internationally mobile

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

10 May 2017 at 10:50

Summary of the contracting process

The procurement process, initiated by UK Shared Business Services Limited, is centred around the tender titled "UK SBS FWRECR16103BIS - Quantifying the factors which influence Life Science companies decisions to invest in R&D and manufacturing in a specific country when capital is internationally mobile." This project falls within the research and development consultancy services sector and is located in London, England. The tender has reached the award stage, with the contract being awarded to London Economics on 14 November 2016, for a total value of £96,747.50, with the contract period running from 30 November 2016 to 28 February 2017. The end of the tender period was set for 3 November 2016.

This tender presents significant opportunities for businesses engaged in market and economic research, particularly those focused on the life sciences industry. Organisations that provide consultancy services, especially those with expertise in R&D investment, regulatory environments, and economic analysis, would be well-suited to engage in similar procurement processes. By understanding the factors influencing investment decisions, businesses can align their offerings to meet the needs of companies looking to expand their operations in the UK, thus driving growth and enhancing their competitive positioning in the marketplace.

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Notice Title

UK SBS FWRECR16103BIS - Quantifying the factors which influence Life Science companies decisions to invest in R&D and manufacturing in a specific country when capital is internationally mobile

Notice Description

To inform policy and UKTIs inward investment activity we would like to understand and quantify the factors that influence the decisions to invest in a particular country at each stage of the R&D process and the factors which affect decisions on where to locate manufacturing facilities. These factors may include, but are not necessarily limited to: * local medicines spend (by both volume and price level, preferably by disease area); * medicines uptake; * concordant public R&D investment; * capital availability; * the tax environment; * availability of government grants; * skills availability; * existing infrastructure; * local Intellectual Property law and application; * the regulatory environment; and * access to local markets (NHS, EU), amongst others. DH, BIS, OLS and wider government have a range of policies and priorities which may influence factors affecting Life Science company decisions on whether to invest in the UK. Understanding the factors that affect firms' investment decisions between countries will allow HMG to direct potential future policy interventions to ensure that they are well targeted, strategic, and offer good value for money. This will also inform OLS and UKTI LSO work attracting companies to locate in the UK. A quantified understanding of the relationship between Life Science investment decisions and medicines uptake, pricing, and spend, may help inform NHS medicines spend.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f1ec8617-a21d-4ed9-9671-a6d437e65ffe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/67e2d6c7-2e42-490c-a9b1-75254ab9935c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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


CPV Codes

73200000 - Research and development consultancy services

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£96,747 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20178 years ago
Submission Deadline
3 Nov 2016Expired
Future Notice Date
Not specified
Award Date
14 Nov 20169 years ago
Contract Period
30 Nov 2016 - 28 Feb 2017 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES 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
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
TLI London

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

LONDON ECONOMICS

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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