Consultancy Services Framework (including economic and financial analysis, research and modelling)

TEES VALLEY COMBINED AUTHORITY

This public procurement record has 6 releases in its history.

Award

25 Feb 2022 at 11:46

TenderUpdate

20 May 2021 at 15:51

TenderUpdate

14 May 2021 at 09:56

TenderUpdate

10 May 2021 at 10:34

TenderUpdate

09 Apr 2021 at 09:21

Tender

26 Mar 2021 at 11:29

Summary of the contracting process

The Tees Valley Combined Authority is conducting a procurement process for a Consultancy Services Framework, aimed at providing economic and financial analysis, research, and modelling services. The project, classified under the CPV code 73000000 for research and development services, is located in Stockton-on-Tees, UK. This open procurement initiative is currently active and has passed its initial tender deadline of 4th May 2021, with recent updates extending submission deadlines due to high interest. The procurement, initiated on 26th March 2021, involves multiple lots focusing on areas such as Business Case Development, Evaluation and Impact Assessment, Econometric Modelling, and Investment Appraisal, with an overall contract value of approximately £5 million.

This tender presents significant opportunities for businesses, particularly those specialising in economic research and consultancy services, as well as firms with expertise in financial analysis and sector-specific analytical support. Given the diverse range of services required, companies that can provide innovative strategies for economic forecasting, impact assessment, and policy analysis will be well-positioned to compete. Participants in this tender will not only enhance their visibility within the public sector but also align with regional economic priorities, making it a valuable opportunity for small and large firms alike.

How relevant is this notice?

Notice Title

Consultancy Services Framework (including economic and financial analysis, research and modelling)

Notice Description

Tees Valley Combined Authority Group wishes to establish an economic consultancy services framework to provide the following types of specialist support, focused around Tees Valley economic policy priorities and key sectors: * Business Case Development and Appraisal * Evaluation and Impact Assessment * Econometric modelling Intelligence Analysis and Forecasting * Bespoke policy analysis, relating to economic policy theme and/or sectors * Strategy and Policy Development * Investment Appraisal and Due Diligence

Lot Information

Business Case Development and Appraisal

Provision of full Green Book five Case Business Cases and review/appraisal of submitted business cases. All advice must conform to the following technical standards: * Tees Valley Combined Authority: Assurance Framework and Monitoring and Evaluation Guidance; * HM Treasury ,The Green Book: Central Government Guidance on Appraisal and Evaluation; * HM Treasury, The Magenta Book: Central Government guidance on Evaluation; * Ministry for Housing, Communities and Local Government: Appraisal Guidance; * Royal Institute of Chartered Surveyors Red Book: Guidance on Valuation;and * Department for Transport: Webtag guidance on conduct for transport studies.

Evaluation and Impact Assessment

Delivery of evaluation and impact assessments (utilising theory of change and logic model analysis) which can robustly capture and monetise economic, environmental and social impacts in line with new Green Book guidelines, including: * Provision of integrated impact assessments which monetise all potential outputs, outcomes and impacts; * Provision of summative and formative evaluations; * Distributional impacts; and * Compliance with Combined Authority and Government assurance and audit requirements.

Econometric modelling Intelligence Analysis and Forecasting

Using appropriate modelling tools to provide the following information: * Labour market analysis and impacts (covering economic, social and environmental programme / policy themes); * Emergency response to inform strategy / action planning (including analysis of economic shocks and modelling future impacts); * Provision of horizon scanning/sectoral forecasting (including macro-economic impacts and growth scenarios); * Provision of econometric modelling for the region as a whole; * Economic modelling and associated economic (baseline) intelligence, including (but not limited to) summarising impact and forecasting for large scale projects and portfolio of programmes in Tees Valley; and, * Schools Numbers and demographic analysis (Pupil Projections analysis).

Bespoke policy analysis, relating to economic policy theme and/or sectors

Including, but not limited to: * Market Demand Analysis by sector; * Business support and business environment; * Sector / Occupational skills analysis; * Thematic / sector analysis and impacts (including but not limited to: GVA / jobs; supply chain assessment; labour market & skills assessments); * Inward investment opportunities; and * Clean energy, decarbonisation and delivering Net-Zero.

Strategy and Policy Development

* Provision of facilitation support for emerging strategy and policy development (including - but not limited to engagement activity, drafting and preparation of strategy documents) * Survey design, implementation and analysis * Equality Impact Assessments

Investment Appraisal and Due Diligence

* Provision of investment appraisal in line with RICS guidance (for property support) and the needs of commercial lenders/equity providers * Viability appraisal analysis * Investment appraisals relating to Airline proposals

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029fa7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005274-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£5,500,000 £1M-£10M

Notice Dates

Publication Date
25 Feb 20224 years ago
Submission Deadline
4 May 2021Expired
Future Notice Date
Not specified
Award Date
1 Feb 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
TEES VALLEY COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOCKTON-ON-TEES
Postcode
TS17 6QY
Postcode Area
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC31 Hartlepool and Stockton-on-Tees
Delivery Location
TLC1 Tees Valley and Durham

Local Authority
Stockton-on-Tees
Electoral Ward
Mandale & Victoria
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
19
Supplier Names

Agilia

Arcadis

Atkins Limited

Cambridge Econometrics Limited

Cushman & Wakefield Debenham Tie Leung Limited

Metro Dynamics Limited

Metro Dynamics Ltd

Mott MacDonald

Nathaniel Lichfield & Partners

Ove Arup & Partners

PricewaterhouseCoopers LLP

SQW Limited

Savills

Steer Davies Gleave

University of Warwick

Urban Foresight

Vivid Economics Ltd

WSP

Wavehill Ltd

Further Information

Open Contracting Data Standard (OCDS)

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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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