Tender

Homes England Economic Forecasting and Scenario Services

HOMES ENGLAND

This public procurement record has 2 releases in its history.

TenderUpdate

01 Apr 2026 at 11:07

Tender

06 Mar 2026 at 15:10

Summary of the contracting process

Homes England, a public authority under sub-central government, is seeking to procure economic forecasting and scenario services to aid in macroeconomic and housing market analysis across the UK. The contract, titled "Homes England Economic Forecasting and Scenario Services," falls under the industry categories of research and development and business services such as consultancy. The tender update, dated 1st April 2026, highlights ongoing requirements and sets the procurement stage at tender, with an enquiry period closing on 30th March 2026, followed by a tender period ending on 6th April 2026. The contract is planned to begin on 1st May 2026 and could extend until 2030, including the option for three additional one-year renewals. This procurement follows an open procedure and is valued at up to £720,000 GBP, covering services in various UK regions.

This tender offers significant business growth opportunities for firms specialising in economic forecasting, consulting services, and related business services. Companies with robust modelling capabilities and a proven track record of performance against observed data are well-positioned to compete. The required services are central to assisting Homes England in making informed decisions regarding housing and regeneration investments throughout England. With quality holding 80% of the award criteria, firms excelling in quality forecasting and scenario development can leverage this opportunity to demonstrate their expertise. The possibility of renewal and extensions further expands the scope for ongoing engagement, making it suitable for firms looking to establish or strengthen partnerships with public authorities.

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Notice Title

Homes England Economic Forecasting and Scenario Services

Notice Description

Homes England requires quarterly macroeconomic and housing forecasting and scenario services for the UK, as well as regions and local authorities of England, in order to assist in its delivery of market intelligence and planning of current and future housing and regeneration investments through its newly established subsidiary, the National Housing Bank (NHB). As a public body audited by the National Audit Office (NAO), Homes England must maintain stringent governance and control standards, ensuring that all forecasting inputs, assumptions and outputs are robust, transparent, and fully auditable. Homes England uses baseline macroeconomic and housing forecasts, complemented by two distinct scenarios (upside and downside), to plan its delivery and expenditure in the coming financial years. These forecasts play a critical role across several core Agency functions. They are used extensively by our Risk, Finance, and Business Planning and Performance teams to support assessments of portfolio resilience, programme performance, and future market conditions. In particular, the forecasts underpin our International Financial Reporting Standards Foundation (IFRS) 9 calculations to measure Homes England's financial position. They also underpin strategic planning for future intervention, capital deployment and regeneration activity by highlighting potential turning points, emerging risks and structural shifts across housing and macroeconomic markets. It is essential that all forecasts and scenarios are based on reasonable assumptions, robust modelling evidenced by a track record of performance against observed data, and are consistent with current market standards, prevailing economic outlooks, and material risks. As such, the forecasts must be derived from a pre-existing, reputable model.

Lot Information

Lot 1

Options: Additional optional economic reports such as regional baseline forecasts

Renewal: 3 x 12month extensions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066472
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030300-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

73000000 - Research and development services and related consultancy services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20261 months ago
Submission Deadline
6 Apr 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Apr 2026 - 1 May 2027 1-2 years
Recurrence
2029-03-01

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 5BZ
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Arthur's Hill
Westminster Constituency
Newcastle upon Tyne Central and West

Open Contracting Data Standard (OCDS)

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