Award

Socio-Economic Analysis

OXFORD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

04 Aug 2025 at 13:36

Summary of the contracting process

Oxford City Council has completed a procurement process for the "Socio-Economic Analysis" project under the direct procurement method, falling below the competitive threshold. This analysis is part of the Council's strategic initiative to propose Greater Oxford as a new, expanded Unitary Authority, requiring substantial economic analysis to present to the government by November. The analysis aims to demonstrate the socio-economic benefits of the proposed model. VENTERRA GROUP PLC, based in London, has been awarded the contract, providing services in financial consultancy and related research. The contract started on 27th June 2025 and will conclude on 30th October 2025, with services being delivered in the region designated as UKJ1, United Kingdom. The process has adhered to the UK legislation 2023/54.

This tender presents significant opportunities for businesses specialising in economic consultancy and financial analysis, particularly those capable of addressing regional development and socio-economic strategy. Organisations with a strong track record in public sector consulting, especially those familiar with local government processes and economic geography, would be well-equipped to benefit from similar tenders. Smaller, specialised firms could leverage their niche expertise in economic modelling and data analysis to compete for future contracts, especially as local authorities increasingly seek tailored solutions to complex urban and regional development challenges.

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Notice Title

Socio-Economic Analysis

Notice Description

Oxford City Council is putting forward one of three alternative devolution proposals with Greater Oxford as a new, expanded Unitary Authority. Volterra will assist with drawing out the socio-economic benefits of this Greater Oxford option. Ahead of the November deadline for government submissions, Oxford City Council now requires additional economic analysis to strengthen the argument for the 3UA model, specifically demonstrating how a Greater Oxford supports socio-economic benefits and aligns with natural economic geographies compared to alternative proposals.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056c5e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/045678-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services


CPV Codes

66171000 - Financial consultancy services

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£44,600 Under £100K

Notice Dates

Publication Date
4 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Jun 20258 months ago
Contract Period
26 Jun 2025 - 30 Oct 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
OXFORD CITY COUNCIL
Contact Name
Not specified
Contact Email
procurement@oxford.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
OXFORD
Postcode
OX1 1BX
Post Town
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
Not specified

Local Authority
Oxford
Electoral Ward
Holywell
Westminster Constituency
Oxford West and Abingdon

Supplier Information

Number of Suppliers
1
Supplier Name

VENTERRA GROUP

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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