Planning

Developing a Lifetime Wellbeing Ready Reckoner economic appraisal toolkit: a feasibility study

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Planning

22 Sep 2022 at 16:36

Planned Procurement Notice
Summary of the contracting process

The Department for Education is planning a tender for a feasibility study titled "Developing a Lifetime Wellbeing Ready Reckoner economic appraisal toolkit". The study aims to expand economic appraisal capability within the education and children's services sectors, focusing on wellbeing outcomes. The procurement method is selective, calling off from a dynamic purchasing system. The tender is classified under research and development consultancy services. The communication of the future notice is scheduled for October 17, 2022. The contract period is set to start on December 14, 2022, and end on March 28, 2023, with the delivery address in England, United Kingdom.

This opportunity, run by the Department for Education, offers business growth potential for suppliers registered on the RM6126 Research & Insights DPS. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are considered suitable. Businesses involved in research and development consultancy services, particularly in the education sector, would be well-suited to compete for this tender. The initiative aims to develop a toolkit for evaluating wellbeing policy effects in childhood, requiring expertise in economics, policy analysis, and data modelling to contribute to the project's success.

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Notice Information

Notice Title

Developing a Lifetime Wellbeing Ready Reckoner economic appraisal toolkit: a feasibility study

Notice Description

The Department for Education is looking for a supplier to lead a feasibility study, to support plans to expand our economic appraisal capability. Our aspiration is to develop an appraisal toolkit for the education and children's services sectors, which centres on wellbeing outcomes, throughout the life course. In education and children's services, quantifiable economic appraisals typically focus on labour market outcomes, such as lifetime earnings. These do not capture important effects on non-market outcomes, which capture the wider social value of our investments. Our working title for this toolkit is the Lifetime Wellbeing Ready Reckoner (LWRR). The concept of "Lifetime Wellbeing" builds on the HM Treasury (2021) Wellbeing Guidance for Appraisal. We wish to explore methods to appraise and evaluate the long-run wellbeing effects of policy interventions with children. "Ready Reckoner" conveys that the model ought to be generalisable. It would be designed to provide first approximations for these wellbeing policy effects, across a wide range of policy interventions, during childhood. This contrasts with bespoke modelling, designed to evaluate a single or narrow set of policy interventions, in more detail and potentially with greater accuracy. Lifetime effects typically cannot be observed in such policy evaluations, and so the appraisal tool would need to simulate these long run effects, based on secondary sources of evidence, primarily using UK longitudinal surveys. Additional information: This opportunity will be conducted under the Crown Commercial Service's RM6126 Research & Insights DPS. You must be registered as a supplier on RM6126 Research & Insights DPS to have the opportunity to be selected to receive the Bid Pack / invitation to tender for this competition. The feasibility study will consider: The relevant published literature and existing internal DfE appraisal models. The best way to construct summative measures of wellbeing, to quantify and monetise policy effects. These are likely to include wellbeing-adjusted life years (WELLBYs), aligned to the Green Book wellbeing appraisal guidance. However, WELLBYs are primarily intended to capture adult life satisfaction - a key element of the feasibility study is to explore equivalent summary measures of wellbeing and/or emotional health during childhood. We notionally describe this concept as C-WELLBY as it would capture the inherent value of wellbeing in childhood in appraisal, arguably for the first time. However, we recognise that it may differ in its construction from WELLBYs. Detailed exploration of the best available data and methods to develop a policy micro-simulation, 'under the bonnet' of this appraisal tool. Practical considerations around the subsequent design, delivery, and use of this model. For example, the feasibility study would address the following questions: * What is a minimum viable product that might be considered sufficiently robust to support Green and Magenta Book value for money policy analysis? * What is the optimum product, balancing user requirements, model quality, with other considerations such as financial affordability and deliverability within a given timeframe? * Could the model be made available inside and outside the Department, supporting appraisal across the education and children's sectors, whilst balancing the need for appropriate use of the toolkit? * What level of skills, expertise, resource, and financial costs would typically be required to use, develop and maintain the toolkit? * Given the novelty and complexity of the model, how scarce are these expert skills? To what extent might this act as a constraint on the ability to deliver a viable and economically credible toolkit?

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f709acc8-f2a9-4dfb-b1e0-32df2aef8c96
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f1a89e3-6ee3-42ef-900d-29ad7cd251df
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Dynamic
Procurement Category
Not specified
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Sep 20223 years ago
Submission Deadline
Not specified
Future Notice Date
17 Oct 2022Expired
Award Date
Not specified
Contract Period
14 Dec 2022 - 28 Mar 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2JL
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
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
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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