Award

Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development.

BEIS

This public procurement record has 3 releases in its history.

Award

03 Jan 2024 at 15:47

Tender

10 Nov 2023 at 16:39

Planning

29 Aug 2023 at 10:56

Summary of the contracting process

The Department for Energy Security & Net Zero, part of BEIS, is planning an Early Market Engagement for a tender titled "Research to quantify the economic opportunities as a result of global energy transition for the future UK Government policy development." This tender falls under the 'Research services' category and has an approximate value of £130,000. The contract period is expected to run from November 2023 to March 2024, with the tender deadline set for 8th December 2023.

This procurement process initiated by BEIS aims to identify economic opportunities arising from the global energy transition, offering potential benefits beyond emissions reduction. Businesses capable of providing evidence-based research on the benefits of a faster global transition are well-suited to compete. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate due to the suitability of the procurement method, an 'Open procedure (below threshold)', and the focus on services within the industry category.

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Notice Title

Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development.

Notice Description

The green transition will reshape global markets, provide new opportunities for businesses and have benefits beyond just reducing emissions. We are seeking research to be undertaken to answer some key questions for us in order to inform policy making decisions. We will be looking for a quantitative, evidence-based narrative on the benefits from a faster global transition. The objectives of the project are to: Fill highlighted evidence gaps with robust, quantifiable and published analysis which can be used to directly support policy development. Provide a quantitative, evidence-based assessment on how benefits change from different rates of the global transition. We are aware of the additional costs associated with a global transition, including the higher costs from a faster clean transition, but traditionally the benefits, particularly in relation to the UK are less well understood. The aim is that this analysis will help provide a more balanced quantitative assessment. This analysis should focus on benefits, opportunities out to 2030, but also consider the longer-term benefits out to 2050 for some of the more nascent technologies. Additional information: Redacted Contract

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f13a4dd-42ed-4b23-9e6f-ec6dc8edb9ac
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£100,870 £100K-£500K
Lots Value
Not specified
Awards Value
£100,870 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jan 20242 years ago
Submission Deadline
8 Dec 2023Expired
Future Notice Date
14 Sep 2023Expired
Award Date
22 Dec 20232 years ago
Contract Period
5 Jan 2024 - 29 Mar 2024 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
BEIS
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
SW1A 2EG
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

RICARDO AEA

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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