Planning

Research to improve the assessment and monitoring of Regional and Local Economic Growth

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Planning

11 Sep 2024 at 13:50

Summary of the contracting process

The UK Infrastructure Bank Limited (UKIB), a government-owned policy bank based in Leeds, is in the planning stage of a tender titled "Research to improve the assessment and monitoring of Regional and Local Economic Growth." This procurement falls under the services category, specifically research and development consultancy services (CPV: 73200000). The process is set to engage the market in early September 2024, with key dates including a Request for Information (RFI) submission deadline on 27th September 2024 and an Early Market Engagement Event on 24th September 2024. This initiative aims to refine the requirements for an upcoming tender, which will focus on improving methodologies for assessing the impact of UKIB's infrastructure investments on Regional and Local Economic Growth (RLEG). Responses from the RFI will shape the final procurement strategy, timetable, and documentation, which are expected to be formalised by 6th December 2024.

This tender represents a significant opportunity for businesses specialising in consultancy, evaluation, and research services. Companies with expertise in infrastructure investment analysis, regional economic development, and innovative assessment methodologies will find this tender particularly aligned with their capabilities. By participating in this process, businesses can influence the framework that UKIB will use to measure the impact of its investments, potentially leading to further collaborations. The opportunity aligns with UKIB’s strategic goals of tackling climate change and supporting economic growth, making it an ideal fit for firms dedicated to sustainable development and advanced research in economic growth metrics.

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Notice Title

Research to improve the assessment and monitoring of Regional and Local Economic Growth

Notice Description

The UK Infrastructure Bank ("UKIB") is a government-owned policy Bank, providing PS22bn of infrastructure finance and partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. <br/><br/>Our mission is to partner with the private sector and local government to increase infrastructure investment in pursuit of our two strategic objectives: <br/><br/>* To help tackle climate change, particularly meeting the government's net zero emissions target by 2050; and <br/>* To support Regional and Local Economic Growth (RLEG) through better connectedness, opportunities for new jobs and higher levels of productivity. <br/><br/>UKIB invests across the infrastructure landscape, including in new infrastructure technologies. UKIB has five priority sectors for investment, namely clean energy, storage, transport, digital, waste and water.<br/>Part of UKIB's work is assessing and monitoring the impact which our investments have in relation to RLEG. As UKIB continues to grow, we want to improve how we assess and monitor RLEG to ensure that we can make the best assessment of RLEG impact.<br/><br/>UKIB is currently exploring what additional research in this space can provide and refining its requirements in relation to a potential tender. UKIB wishes to engage with potential suppliers of research in order to better understand what is possible in this space given time and budgetary constraints.

Lot Information

Lot 1

The scope of this Early Market Engagement pertains to research enabling UKIB to improve how it monitors and assesses Regional and Local Economic Growth (RLEG). UKIB's objectives for this market engagement are to:
* Test our understanding of the issues related to identifying, articulating and measuring the opportunities for achieving RLEG through infrastructure investment,
* Understand the cutting-edge evidence base and best practice methodologies relevant to regional and local economic growth,
* Understand what might be achievable within our budget and timescale to expand our evidence base, our methodologies and our understanding of opportunities for achieving RLEG through UKIB infrastructure investments. Additional information: 1) UKIB intends to conduct Early Market Engagement ("EME") with the market through this Prior Information Notice ("PIN") with a view to sharing information and seeking input from the market to inform and shape current thinking and assist UKIB in its procurement plans and approach.

2) UKIB is providing potential suppliers the opportunity to provide input and feedback via an Request for Information (RFI). Questionnaires should be returned by the 27th of September 2024 in order that we can consider comments in advance of any formal procurement processes.

Relevant documents can be accessed via the live opportunities list on UKIB's Atamis eSourcing Portal in accordance with the instructions below and completed questionnaires must be submitted via the eSourcing Portal.

3) UKIB intends to conduct an Early Market Engagement Event on the 24th of September. Details are set out in the RFI document and we request that potential suppliers confirm their attendance via email by the 19th September.

4) UKIB is currently assessing Crown Commercial Service's Research and Insights Dynamic Purchasing System (DPS) as a potential route to market - https://www.crowncommercial.gov.uk/agreements/RM6126. We would like to draw this to the attention of potential suppliers so that they can register on the DPS. It should be noted that applications to join the DPS can take up to 15 days to assess.
5) Interested organisations should note that the detailed requirements, procurement strategy and timetable have not been finalised at this stage. UKIB will collate and analyse the responses received. Responses may be used to develop and scope the procurement strategy and process. UKIB will make a final decision on the procurement strategy, timetable, and content of the procurement documentation, having considered feedback. UKIB reserves the right to divide the scope into lots / service areas for bidding purposes and/or carve out some elements of the service scope and procure these separately.

6) To access, click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome.

Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the RFI documentation (including questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.

If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-049a03
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029123-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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


CPV Codes

73200000 - Research and development consultancy services

73300000 - Design and execution of research and development

79400000 - Business and management consultancy and related services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£95,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20241 years ago
Submission Deadline
Not specified
Future Notice Date
6 Dec 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK LIMITED
Contact Name
Not specified
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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