Award

Evaluation of the 2025/26 UK Shared Prosperity Fund

YORK AND NORTH YORKSHIRE COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

30 Jul 2025 at 09:58

Summary of the contracting process

The York & North Yorkshire Combined Authority (YNYCA) has completed the procurement process for the "Evaluation of the 2025/26 UK Shared Prosperity Fund" project, classified under Financial consultancy services. This service contract was awarded to Thrive Economics Ltd, under a limited procurement method without prior publication of a call for competition. The procurement was executed swiftly due to time sensitivity, and it aimed to conduct a comprehensive evaluation of the UK Shared Prosperity Fund and the Rural England Prosperity Fund programmes. The relevant legal framework was the 2014 EU Procurement Directives, and the contract was signed on 8th July 2025. The contract value is £28,968.75, and all work will be delivered in the UKE region, which is Yorkshire and the Humber.

This tender provides substantial opportunities for growth for businesses specialising in financial consultancy, especially those like Thrive Economics Ltd that already have established expertise in economic evaluations and policy analysis. The direct award process indicates a strategic selection of suppliers with specialised skills, enabling them to deliver key insights that align with regional economic frameworks. Small and medium-sized enterprises (SMEs) with experience in similar government-funded programmes are well-suited to compete in future tenders of this nature, particularly within the public sector consultancy space, positioning them advantageously for subsequent opportunities within the UK's evolving economic landscape.

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Notice Title

Evaluation of the 2025/26 UK Shared Prosperity Fund

Notice Description

The York & North Yorkshire Combined Authority (YNYCA) invites proposals from external evaluators to conduct a comprehensive evaluation of the 2025/26 UK Shared Prosperity Fund (UKSPF) and Rural England Prosperity Fund (REPF) programmes

Lot Information

Lot 1

The York & North Yorkshire Combined Authority (YNYCA) invites proposals from external evaluators to conduct a comprehensive evaluation of the 2025/26 UK Shared Prosperity Fund (UKSPF) and Rural England Prosperity Fund (REPF) programmes. The evaluation will assess the impact, value for money, and effectiveness of funded initiatives, ensuring that lessons learned inform future policy and investment decisions. A key outcome will be identifying how the findings align with and support the region's wider economic framework, ensuring that UKSPF/REPF-funded programmes contribute to long-term strategic priorities.

Procurement Information

Y&NYCA conducted a direct award under PCR2015 for work to be undertaken in relation to SPF evaluation. Due to the piece of work being time sensitive, Thrive were identified as the most suitable supplier due to prior experience and knowledge in this field of work and therefore, a compliant route has been followed via ESPO.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0568c0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/044148-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£28,968 Under £100K

Notice Dates

Publication Date
30 Jul 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Jul 20257 months 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
YORK AND NORTH YORKSHIRE COMBINED AUTHORITY
Contact Name
Joel Green
Contact Email
joel.green@york.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORTHALLERTON
Postcode
DL7 8AD
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE Yorkshire and The Humber

Local Authority
North Yorkshire
Electoral Ward
Romanby
Westminster Constituency
Richmond and Northallerton

Supplier Information

Number of Suppliers
1
Supplier Name

THRIVE ECONOMICS

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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