Award

Business Rates Devolution

SOUTH TEES DEVELOPMENT CORPORATION

This public procurement record has 2 releases in its history.

Award

01 Sep 2022 at 11:15

Tender

18 Jul 2022 at 11:16

Summary of the contracting process

The Tees Valley Combined Authority (TVCA) has recently completed a procurement process titled "Business Rates Devolution" in the services industry category. The contract was awarded for economic research services, with a focus on facilitating economic growth in the region through various sectors such as business growth, research, development, innovation, education, skills, and more. The buying organization, South Tees Development Corporation, acted as the contracting authority for this open procedure. The procurement aimed to support the transformational investment agenda outlined in TVCA's Strategic Economic Plan (SEP) and Local Industrial Strategy.

Opportunities for business growth are available through the procurement process initiated by the Tees Valley Combined Authority for detailed economic and policy analysis related to business rates devolution. Businesses specializing in economic research services and policy analysis would be well-suited to compete in this active tender. The TVCA seeks to identify costs and benefits at local and national levels, offering a contract period of 180 days. The submission deadline for this tender is set for August 18, 2022, providing an opportunity for interested suppliers to contribute to strategic decision-making within the region.

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Notice Title

Business Rates Devolution

Notice Description

The Devolution Deal with Government in 2015, provided the transfer of significant powers for employment and skills, transport, and investment for economic growth to the Tees Valley Combined Authority (TVCA). The Combined Authority was created in 2016 with the election of the first Tees Valley Mayor in May 2017. Swiftly followed by the creation of the first Mayoral Development Corporation outside of London, to take forward the Teesworks site (former Steelworks site). Through the deal, TVCA had the power to create an Investment Fund, bringing together funding from a range of sources alongside devolved powers to deliver a 30-year programme of transformational investment in the region. This includes the control of PS15m a year funding allocation over 30 years. Our focus is on economic growth as set out in our Strategic Economic Plan (SEP) and our developing Local Industrial Strategy, with activity prioritised across six growth generating themes: * Business Growth * Research, Development, Innovation & Energy * Education, Employment & Skills * Place * Culture and Tourism * Transport & Infrastructure All our investment projects need to make a direct contribution to GVA and the creation of jobs. TVCA works with five Local Authorities within the Tees Valley Region - Stockton, Middlesbrough, Darlington, Hartlepool and Redcar and Cleveland.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0352f5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024420-2022
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79311400 - Economic research services

Notice Value(s)

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

Notice Dates

Publication Date
1 Sep 20223 years ago
Submission Deadline
18 Aug 2022Expired
Future Notice Date
Not specified
Award Date
1 Sep 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SOUTH TEES DEVELOPMENT CORPORATION
Additional Buyers

TEES VALLEY COMBINED AUTHORITY

Contact Name
Vicki Gibbon
Contact Email
vicki.gibbon@teesworks.co.uk
Contact Phone
+44 7721603737

Buyer Location

Locality
STOCKTON
Postcode
DL2 1NJ
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC1 Tees Valley and Durham

Local Authority
Redcar and Cleveland
Electoral Ward
South Bank
Westminster Constituency
Redcar

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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