Award

Road Freight Value of Travel Time Uprating Assumptions

DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

01 Apr 2026 at 11:51

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Transport, located in London, has completed a procurement process titled "Road Freight Value of Travel Time Uprating Assumptions" under the initiative type "tender." This contract falls within the services industry category, focusing on research services. The procurement stage has reached the award phase, with the contract signed on 27th March 2026 and delivery expected between 30th March and 19th June 2026. Utilising a direct procurement method, the process was conducted below the threshold without competition. The total value offered is £32,140.80, inclusive of services provided, delivering insights into freight value of travel time predictions for potential future updates to Transport Appraisal Guidance (TAG).

Opportunities for business growth through this contract are evident, especially for companies specialising in research services within the transport sector. The procurement provides prospects for businesses capable of supplying analytical evidence-based solutions about freight travel time predictions. Although conducted directly without competitive bidding, similar future contracts could benefit small and medium-sized enterprises (SMEs) with expertise in this niche field. Companies like Significance B.V., which was awarded the contract, demonstrate the potential for growth by providing focused research services across international borders. Business users in the services category who understand travel time assumptions and can contribute reliable data-driven insights would find opportunities in such tenders.

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Notice Information

Notice Title

Road Freight Value of Travel Time Uprating Assumptions

Notice Description

This procurement is for the provision of Road Freight Value of Travel Time (VTT) Uprating Assumptions. The overall aim of this piece of work is to explore inter-temporal uprating of freight VTT for forecast years, to inform potential future updates to Transport Appraisal Guidance (TAG). This work needs to entail a comprehensive review of the available evidence and analytical approaches to inform how the values of freight travel time and reliability should be assumed grow over time in future years. The value of this service is PS26,784.00.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067ab3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030338-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£26,784 Under £100K

Notice Dates

Publication Date
1 Apr 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Mar 20261 weeks ago
Contract Period
29 Mar 2026 - 19 Jun 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
Post Town
South West 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
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SIGNIFICANCE

Further Information

Notice Documents

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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