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Provision of a Macroeconomic Model

Scottish Government

This public procurement record has 2 releases in its history.

Award

23 Jun 2022 at 08:45

Award Notice
Tender

24 Feb 2022 at 13:24

Tender Notice
Summary of the contracting process

The Scottish Government's Office of the Chief Economic Adviser is conducting a procurement process for the provision of a macroeconomic model intended for economic scenario analysis and forecasting relevant to Scotland and the UK. The procurement, classified under programming services (CPV 72211000), is currently in the Award stage, following the completion of the initial tender process. The successful contract was awarded on 14th June 2022, with a total value of £578,840.28. This initiative, taking place in Edinburgh, aims to enhance the analytical capacity of the Scottish Government by integrating new outputs into existing economic models.

This contract presents significant opportunities for businesses, particularly those specialising in economic modelling, analytical services, and software development. Firms with expertise in providing advanced programming services that can contribute to economic forecasting and policy development would be well-positioned to compete for similar future tenders. Additionally, small and medium-sized enterprises (SMEs) that can demonstrate compliance with specified quality and financial criteria, including insurance coverage, are encouraged to engage in this sector, which is critical to shaping government policy and economic strategy in Scotland.

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Notice Information

Notice Title

Provision of a Macroeconomic Model

Notice Description

The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes.

Lot Information

Lot 1

The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The contract may be extended by an additional 4 x 12 month periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031abb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017115-2022
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72211000 - Programming services of systems and user software

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£578,840 £500K-£1M

Notice Dates

Publication Date
23 Jun 20224 years ago
Submission Deadline
28 Mar 2022Expired
Future Notice Date
Not specified
Award Date
14 Jun 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH6 6QQ
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM Scotland
Local Authority
City of Edinburgh
Electoral Ward
Leith
Westminster Constituency
Edinburgh North and Leith

Supplier Information

Number of Suppliers
1
Supplier Name

National Institute of Economic and Social Research

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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