Tender

Industry Econometrics Model

RAIL DELIVERY GROUP

This public procurement record has 2 releases in its history.

Tender

20 Mar 2026 at 16:35

Planning

23 Jan 2026 at 13:33

Summary of the contracting process

The Rail Delivery Group is inviting tenders for the "Industry Econometrics Model" to develop an industry-wide econometric model aimed at understanding and optimising revenue-generating marketing investments across 14 Train Operating Companies, including DFTO and non-DFTO operators. Located in London, this procurement is under the services category, focusing on support services for railway transport. The procurement process, currently in the tender stage with an open competitive flexible procedure, includes conditions of participation, a written tender response, demonstrations, and a best and final offer. Interested parties should note key deadlines with the tender period ending on 25th May 2026, and an enquiry period ending on 8th May 2026. The contract is valued at £9,600,000 gross and is set to commence on 5th October 2026 with a possible extension up to 4th October 2032.

This tender presents significant opportunities for businesses specialising in econometric modelling, marketing services, and economic impact assessments. Companies with strong strategic and technical expertise, particularly in the railway sector, would be well-positioned to compete. The emphasis on quality criteria such as strategy, technical expertise, and account management, alongside competitive commercial value, makes this an attractive opportunity for firms capable of delivering comprehensive support services. Engaging with this tender could provide substantial business growth by partnering with a central public authority like the Rail Delivery Group, facilitating long-term collaboration and innovation in the rail industry.

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How relevant is this notice?

Notice Title

Industry Econometrics Model

Notice Description

The Rail Delivery Group (RDG) are looking to appoint a partner to develop an independent and robust industry-wide econometric model to evaluate, optimise and understand the impact of revenue generating marketing investment across 14 TOCs including both DFTO and non-DFTO operators, and national activity delivered by RDG.

Lot Information

Lot 1

Renewal: Term extension if required at buyer discretion.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060d5d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025963-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

63 - Supporting and auxiliary transport services; travel agencies services


CPV Codes

63711000 - Support services for railway transport

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
£8,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 20261 months ago
Submission Deadline
25 May 20261 months to go
Future Notice Date
9 Feb 2026Expired
Award Date
Not specified
Contract Period
4 Oct 2026 - 4 Oct 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
RAIL DELIVERY GROUP
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC4V 3DS
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Castle Baynard
Westminster Constituency
Cities of London and Westminster

Further Information

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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