Award

PROC 409-2022 Expert Economics Services

COMPETITION AND MARKETS AUTHORITY

This public procurement record has 2 releases in its history.

Award

05 Sep 2022 at 08:54

Tender

01 Sep 2022 at 13:37

Summary of the contracting process

The Competition and Markets Authority has completed a procurement process for expert economics services. The procurement was for research consultancy services, with a focus on expert witness services in the field of economics. The contract duration is 24 months with an option to extend for an additional 12 months. The buying organisation is the Competition and Markets Authority, located in London, United Kingdom. The procurement method used was an open procedure, with a two-stage award criteria based on quality (80%) and cost (20%). The contract worth £300,000 was signed on 16th August 2022.

This tender opportunity by the Competition and Markets Authority presents a chance for businesses specialising in research consultancy services, particularly those with expertise in economics, to explore new avenues for growth. Companies offering expert witness services in the field of economics would be well-suited to compete for this contract. The procurement stage has been completed, but future opportunities may arise for similar services. Interested businesses should be aware of key deadlines and the contract duration for planning their participation in upcoming procurement processes.

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Notice Title

PROC 409-2022 Expert Economics Services

Notice Description

The Authority has a requirement for expert witness services in the field of economics.

Lot Information

Lot 1

The Authority has a requirement for expert witness services in the field of economics for a contract duration of 24 months with an option to extend for an addition 12 months.

Options: Contract initial term duration of 24 months with an option to extend for an addition 12 months.

Renewal: The Authority seek further expert witness services in the field of ecomonics

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0364db
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024764-2022
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

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
£250,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£300,000 £100K-£500K

Notice Dates

Publication Date
5 Sep 20223 years ago
Submission Deadline
3 Sep 2022Expired
Future Notice Date
Not specified
Award Date
15 Aug 20223 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
COMPETITION AND MARKETS AUTHORITY
Contact Name
Commercial Team
Contact Email
commercial@cma.gov.uk
Contact Phone
+44 7386003

Buyer Location

Locality
LONDON
Postcode
E14 4QZ
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

FRONTIER ECONOMICS

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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